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First prepare sugar syrup, add sugar and water to saucepan.
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Place it over medium high flame. Add some saffron strands and let it come to a boil.
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Once it starts boiling turn the flame to lowest possible heat and let it simmer now for 4-5 minutes.
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Once sugar syrup get thickens, add rose essence and turn off the heat.
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Set it aside.
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If sugar syrup starts crystallizing you may add 2-3 drops of lemon juice to prevent it.
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Now place a skillet (tawa) on medium flame.
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Cut the bread slices diagonally and toast them by applying little ghee or butter.
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Now flip them to other side. Make sure that you toast them on low heat so that bread get evenly cooked.
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When bread slices turn to golden brown, slide them one by one into prepared sugar syrup .
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Let them dip for about 1 minutes and take out and put them on a rack.
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Now arrange the bread tukda in a serving plate and pour the condensed milk over the top. Garnish with sliced pistachios.
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Serve them immediately.