Laxmi Talab is one of the oldest lakes in the Bundelkhand region, around 400 years old the lake is also a part of the historical legacy of the Region. Addressed at Shivaji Nagar, the Laxmi Talab is around 3. 3 Km from the heart of Jhansi and can be reached in under 20 mins via the Gwalior Road.

Laxmi talab or also known natively as Laxmi Tal was once the main source of water supply to the city which flourished within the Fort Walls the in 18th century. The Mahalakshmi temple is located on the banks of the Lakshmi Talab, close to the Lakshmi Gate. Narayan Bagh, a park is also located on the other end of the Lakshmi Talab. It is believed that the last rituals of Raja Gangadhar Rao was performed near the Lakshmi Talab, Rani Lakshmi Bai is also believed to take bath in the Lakshmi talab, which is named after the Queen. The Lake has a great historical significance as it related with the lives of many Rulers, Kings and Queens of Jhansi.

A legend is told about the Lakshmi Talab that Rani Sakhubai, who was the widow of Raja Krishna Rao, son of Raja Shivabhaurao Newalkar. Raja Krishna Rao died at a young age leaving the throne to his wife Sakhubai and his minor son, Ramachandrarao. Rani Sakhubai was believed to be a cruel queen who wanted control of the whole kingdom to herself, she even devised plans to kill her son, who was the true heir after coming of age. Ramachandrarao used to swim in the Lakshmi Talab where her mother had planted spears under the spot where he swam, however he was saved by a loyal servant. Coming to know about his mother's diabolical plans, Ramachandrarao sentenced her to life imprisonment where she died by swallowing diamonds.

Lakshmi Talab has been associated with numerous kingdoms and their Leaders, such a place of this significance is on a bucket list of every history lover. No entry fee is charged for visiting the Lakshmi Talab, and is advised to visit it during the day till sunset, to get the setting view of the sun over Jhansi. The lake can be visited during timings 7:00 AM - 6:00 PM.