On 23 April 2008, Acharya Swamishree performed the foundation stone ceremony for the extension work at Mumbai temple.
With the blessings of Jeevanpran Swamibapa and Acharya Swamishree, Shree Swaminarayan Temple - Mahalaxmi has become a great site of worship and pilgrimage for worshippers, regardless of whether they are, or are not, of the Swaminarayan Faith.
Many charitable events have been organised by the Temple to help the needy including food and clothes distributions.
Regular concerts of devotional songs, performed by elite Bollywood singers and musicians, have been held there. Eminent dignitaries living in the region regularly worship there and use the various facilities of the Temple.
Whenever anyone visits the old Mahalaxmi temple, they will undoubtedly go for the darshan of Lord Swaminarayanbapa Swamibapa at the Swaminarayan Temple.
Acknowledging the need for additional facilities in the Temple and associated guest house, by the divine grace of Acharya Swamishree and the perseverance of the mahant of the Temple, Sant Shiromani Shree Divyadarshandasji Swami, extensive re-building work is to commence shortly. The Temple floor itself will become lager, and new floors built for meditation and holding spiritual seminars and debates. The capacity of the guest house will be doubled and various other required facilities will be created.
On 23 April 2008, Acharya Swamishree performed the foundation stone ceremony for the extension work, according to the ancient Hindu rituals.