The Brihanmumbai Municipal Corporation (BMC), is currently carrying out restoration work on the historic Banganga lake in three phases. Along with the restoration of the 16 historic Deepstambh (lamp pillars), major works include repairing and improving stone steps around the lake, developing a circular road known as ‘Bhakti Parikrama Marg’, establishing a missing link leading to Banganga lake and removing encroachments on the steps.

Located in the Walkeshwar (Malabar Hill), Banganga lake has held religious and cultural significance for ages. Due to its heritage importance, thousands of tourists from all over the country visit the site. It has been declared a protected monument by the Government of Maharashtra under the Maharashtra Ancient Monuments and Archaeological Sites and Remains Act, 1960, and a ‘B’ class tourist destination.