The Lakshmi Narayan temple was built in the 1890s by Mathuradas Damodardas Jhaveri, in memory of his late wife, Kesarbai. The Jhaveris are jewelers and they historically migrated to Mumbai from Gujarat, hence elements of Gujarati architecture are reflected in the sitting platform (otla), the use of Gujarati language, and the use of decorative torana over the door.
The deepsthambhs at the southern end of Banganga Tank are not only the largest in terms of their size, they are also unique in design, having influences from Goan temples. Those in the southeast corner have figures carved on them. Locals believe these deepstambhas are meant to be markers and they were built over the samadhis (burial places) of revered saints.
The Banganga tank precincts are full of shrines and memorials of those who attained samadhi (state of meditative consciousness) and were buried, instead of cremated. The Dasmaniya Akhada burial ground has been in use since the 18th century as a cemetery for sanyasis of the Goswami community, who attained samadhi here.
A little away from Banganga Tank, on Dr. Bhagwanlal Indrajit Marg, is the local Dhobi Ghat. Dhobis wash the clothes manually using water from a deep well. Laundry is dried in the sea breeze and hung on cable lines without using clips, instead they are twined between cables.
Among the many contributions of philanthropist Jagannath Shankarseth was the donation of land to the north of Banganga Tank to be used as burning ground for those Hindus who wished to be cremated at Walkeshwar in the vicinity of the Banganga Tank. A bust of Jagannath Shankarseth is now installed at the crematorium which is also named after him.
Temples at the northeast corner of Banganga Tank; (from left to right) Mahalakshmi Temple (yellow wall), Vyankatesh Balaji Temple (white dome), Jagannnath Mahadeo Temple (white shikara), and Siddheshwar Temple (yellow shikhara). Over time, the addition of new buildings and encroachments have blocked the view of the temples from the ghats.