Press SAUTE on Instant Pot. Add oil to the POT. Once the oil is hot, add cumin seeds and let them crackle.
Next, add ginger-garlic paste, and green chiles. Saute for a few seconds.
Add onions and saute until onions turn light brown.
Next, add chopped tomatoes, spices like red chili powder, turmeric powder, coriander powder, garam masala powder, and cook till they turn soft.
Then add the water and deglaze the pot to remove any bits stuck to the bottom of the pot.
Add in the diced bottle gourd, ground coconut-cashew paste, salt, and mix well.
Close the Instant Pot with pressure valve to Sealing. Cook on High Pressure for 3 minutes.
Once the pot beeps, do a NATURAL PRESSURE RELEASE (NPR).
Remove lid away from you, add lime juice and garnish with cilantro. Mix well.
Lauki Kurma is ready, serve with hot with pooris, chapatis, roti & parathas.