The GSB Temple Trust, which owns the heritage Banganga Tank as well as its surrounding precinct in South Mumbai’s Walkeshwar, will shell out Rs 1 crore to revamp the area.

mid-day has learnt that the Trust is likely to spend the entire amount within the next one year on the “conservation, beautification and development” of the Banganga precinct. Earlier this year, the GSB Temple Trust had also levied a Rs 20/person development fee for those wishing to visit the Grade-I heritage structure i.e. Banganga Tank. The money collected was to go towards maintaining the general cleanliness of the area, hiring 24/7 security guards to keep anti-social elements at bay, and to install CCTV cameras around the tank.