Sarasbaug Ganapati Temple is a shrine for Siddhi Vinakayak Ganesh, as established by the Maratha ruler Shrimant Sawai Madhavrao Peshwa, in 1784. The temple derives its name from the island where it is situated, called Sarasbaug, named by its creator, Madhavrao's predecessor, Nanasaheb Peshwa. Located at the foot of Parvati Hills, the lake around the temple is said to be the venue of secret meetings held by the Peshwas during boat rides.
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