Take Butter and oil together in a microwave safe bowl and microwave it for 30 sec.
Add onion and Ginger garlic paste to it and microwave on high power for 1 minute.
Add in tomato puree, turmeric powder and chilly powder and microwave for 2 minutes. Stir after 1 minute.
Add in rest of the ingredients with cheese cubes and give a nice and gentle stir to it. Microwave it for 3 minutes and stir after every minute.
Makhani Paneer is ready to serve . garnish it with Coriander leaves.