Bhagyalakshmi temple is a Hindu temple located in Hyderabad, India. This temple is located at the base of the city's historic Charminar declared as monument under care of Archaeological Survey of India (ASI) The temple is dedicated to the Goddess Lakshmi. There are different views on the age of Temple. Claims exist that the temple's roots are old as the Charminar itself, while others state that it was created as recent as the late 1960s.
According to the older claims, during the reign of Muhammad Quli Qutb Shah, who constructed the Charminar, the temple site consisted of a holy stone. Later, the devotees started lacing the stone with haldi and kumkum, and in the 1960s, an idol was installed and a shed was added. Proponents of this view cite examples of religious tolerance during the period of Muslim rulers such as the Nizam disagreeing with the proposed shifting of a temple at the time of the construction of the High Court building and letting it stay inside the court complex which exists even today.
According to one local legend, the shrine was established in the memory of the queen Bhagmati (or Bhagyavati). Claims of newer origin are proposed by historians such as Narendra Luther, that maintain that the temple had no existence of any sorts until the 1960s. According to these historians, one of the stones near Charminar was painted with the saffron color in 1965, and an old woman became the person in-charge of this "shrine". After an APSRTC bus collided with the stone and damaged it, a pucca structure was created at the site. The stone was replaced with an idol of the goddess Lakshmi.