In a dazzling display of devotion and grandeur, Mumbai’s iconic GSV Seva Mandal in Matunga has once again claimed the title of India’s wealthiest Ganesh mandal. This year, the organizers have insured their Ganesh Utsav celebrations for a staggering ₹474.46 crore — a significant leap from last year’s ₹400 crore coverage.
About GSB Foundation
GSB Foundation (India) is a charitable organization inspired by spiritual values. Founded by Nitin A Sharma, it focuses on social welfare, education, and community service. The motto reflects humility: “I am merely an instrument; everything happens by Guru’s will and Krishna’s grace.” GSB Sabha Mumbai is a separate group that supports students from the Gowd Saraswat Brahmin community through scholarships and educational aid.
Why such a massive insurance?
The mandal attributes the increase to: The soaring prices of gold and silver used in the idol and decorations,High-end infrastructure including air-conditioned pandals, digital darshan setups, and crowd management tech Inclusion of high-value cultural assets and celebrity performances
A cinematic celebration
The festival is expected to feature film-inspired themes, elaborate set designs, and appearances by Bollywood stars. With partnerships from gaming platforms like Dream11, the mandal is blending tradition with modern entertainment, drawing massive crowds and media attention.
Security and symbolism
The insurance not only covers physical assets but also ensures protection against unforeseen incidents, reflecting the mandal’s commitment to safety and excellence. GSV’s Ganesh idol, often adorned with real gold and precious stones, is revered not just as a spiritual symbol but as a cultural icon.