Lamb Kofte in Peach Ginger Sauce

Name: Lamb Kofte in Peach Ginger Sauce
Ingredients: for the kofte; 1 pound lean ground lamb; 3 tablespoons breadcrumbs; 3 tablespoons half and half or whole milk; 1 teaspoon ground cumin; 1 teaspoon ground coriander; 1 teaspoon sweet paprika; 1/2 teaspoon smoky paprika; 1/4 teaspoon ground cinamon; 1/4 teaspoon ground nutmeg; 1 tablespoon fresh oregano, thyme, marjoram or summer savory, finely chopped; salt and freshly ground pepper; for the sauce; 1 1/4 cups water; 8-10 saffron threads; 2 tablespoons olive oil; 1 medium sweet (Vidalia) onion, chopped; 1/2 teaspoon minced garlic; 3 large yellow peaches or nectarines, chopped; 3 tablespoons ketchup; 1 - 2 teaspoons fresh ginger, grated on a microplane (about 3/4-inch long knob); 1 tablespoon sugar; 1/4 teaspoon ground cumin; 1/4 teaspoon ground coriander; 1 teaspoon lime juice (or up to taste); 1 tablespoon half and half or heavy cream; 1 cup basil leaves (optional)