Blanch spinach in salt water for 5-10 minutes.drain it and blend it with green chilies to a coarse paste.Keep aside.
Cube the paneer in about half inch pieces and deep fry them on medium high heat just for few minutes so paneer become very light gold in color, take paneer out on paper towel so extra oil can be absorbed.
Heat the oil in a pan.Add onion saute it for 5 minutes then and ginger-garlic saute for 5-7 minutes.Add Ground masalas,salt,sugar n tomatoes let it cook until the masala releases oil.
Add the spinach, and let it cook on low medium heat for about 10 minutes covered.Add heavy cream and ghee and let this cook another 10 minutes. Add paneer and fold it gently with spinach and let it simmer for a 5-7 minutes.
Transfer the spinach to a serving dish add a dollop of ghee over it.Serve hot with any Indian bread.