Shri Mahalaxmi Temple is located in the heart of the capital city of Panjim. The temple is dedicated to Mahalaxmi, the goddess of wealth who is also regarded the presiding deity of the Panjim. It is believed to be the first Hindu temple to be built in Goa after the Portuguese invasion by Alfonse de Albuquerque. The idol of the Mahalaxmi temple was originally enshrined at the village of Taleigao. It was secretly moved to Bicholim in the 16th century to escape Portuguese persecution. The Maruti Jatra festival held at the Shri Mahalakshmi Temple during January-February draws a large number of devotees.