Ganesh Chaturthi, also known as Vinayak Chaturthi, is one of India’s grandest festivals, celebrated with devotion and splendor. While the festival is celebrated across the country, its biggest significance lies in Mumbai, where it is believed to have originated. From Lalbaugcha Raja to Bollywood celebrities bringing Ganpati idols home, the city lights up with divine fervor every year.
For Ganpati 2025, all eyes are on Mumbai’s richest Ganpati mandal – GSB Seva Mandal, King’s Circle, which has set a new record with an extraordinary insurance cover.
GSB Seva Mandal – The Richest Ganpati Mandal of 2025
Ganesh Chaturthi 2025 begins on Wednesday, August 27, 2025, with the Chaturthi tithi starting from August 26, 1:54 PM to August 27, 3:44 PM, while Ganpati Visarjan will take place on September 6, 2025. Preparations across Mumbai are already in full swing.
According to a report by Times of India, the GSB Seva Mandal, King’s Circle, has secured a record-breaking insurance cover of ₹474.46 crore for this year’s celebrations. This makes it Mumbai’s richest Ganpati mandal once again.
Record Insurance Breakdown
- In 2024, the mandal was insured for ₹400 crore.
- In 2023, it was ₹360.40 crore.
- For 2025, the jump to ₹474.46 crore is credited to the rising valuation of gold and silver ornaments along with coverage for volunteers and priests.
The insurance policy has been issued by New India Assurance, covering:
- ₹375 crore: Personal accident insurance for priests, volunteers, cooks, attendants, and security staff.
- ₹67 crore: Coverage for gold, silver, and precious ornaments (up from ₹43 crore in 2024 and ₹38 crore in 2023).
- ₹30 crore: Public liability insurance.
This extensive coverage cements GSB Seva Mandal as the most financially secure and richest Ganpati mandal in Mumbai.
