Soak little saffron in warm water. Trim the edges of the bread and cut them to four pieces and set a side.
Add a tea spoon of ghee and fry the cashew till light brown. Remove and set a side.
You can choose to deep fry the bread, traditionally that’s how it is made. I just pan fry them and the halwa is equally tasty.
In the same pan add half the ghee and add half of the bread slices and fry till golden on both sides. Remove and repeat with the rest of the bread.If you are using a wide pan you can fry the all the bread pieces at the same time.
Make sure the bread is nice and crisp. Let cool few minutes.
Add water and sugar to the pan and bring it to a rolling boil.
Add the bread pieces and cook for one to three minutes. The bread will almost instantly start absorbing the syrup. If you pan fried the bread you just need to cook for a minute before going to the next step.
Add 3 tbsps of milk, saffron water and unsweetened khoya. Mix it gently. Do not over mix. We want to have few chunks of bread in the halwa for texture. Very soon halwa will start coming together.
Finally add the cashew and give a mix and turn off the heat.
Serve the halwa warm or chilled.