Banganga Tank is located on the western fringes of Malabar Hill, close to Raj Bhawan. The neighborhood around Banganga Tank is the oldest continuously inhabited region in Bombay, a site of great spiritual significance to Hindus. For centuries, Hindus have made a pilgrimage to the Walkeshwar Temple and the now-destroyed Shri Gundi stone at Malabar Point, which gave sanctity to the hill from a very early age.