The "Sarasbaug Ganapati" temple is run under the auspices of Shree Devdeveshwar Sansthan, Parvati and Kothrud. The Sarasbaug temple houses the idol of Shree Siddhivinayak (God who makes wishes true). A sacred ground of faith for millions of devotees in Pune and around the world, on an average the Sarasbaug temple receives ten thousand visitors a day and this figure goes upto eighty thousand devotees per day on Ganesha Chaturthi and other special occasions.

Various dignitaries and luminaries throughtout India have made it a point to visit this sacred temple and seek the blessings of Shree Shiddivinayak. Some of the dignitaries include Late S. D. Sharma, Ex Vice President of India, Shankaracharya Shree Jayendra Saraswati of Kanchi Kamakoti Peetam, Lata Mangeskar, Hridayanath Mangeskar and Arun Date.