Mahalaxmi Temple was built during the Peshwa regime. It also houses the idols of Lord Ganpati and Lord Shiva. The temple lies beneath two huge domes. The famous Yakub Baba dargah is located at a distance of about one kilometer from the Mahalaxmi temple. Yakub baba's dargah is a great example of Hindu Muslim unity. A visit to Mahalaxmi mandir is considered incomplete without a visit to the dargah.