Rama Mandir was originally built by an ascetic, Ramdas Bawa. In 1918, it was reconstructed by a Khatri merchant, Bhawanai Mohanji, and a shikara was added over the garbagriha. Marble idols of Lord Ram, Lakshman, and Sita from the original temple are enshrined in the garbagriha. The pujari family who maintains the temple, live at the rear.
The water level in the Banganga Tank is controlled by underground valves and overflow outlets empty into the nearby Arabian Sea. During the monsoon months, the tank can overflow, unless regulated by the outlet valves. When the water level is low, it reveals the natural spring from which water enters the tank, which otherwise remains submerged.