This temple is dedicated to Lord Shiva. Shree Nagesh temple is located at a distance of approximately 35 kilometers from Panjim village of Bandora, about 4 kilometers rom Ponda Taluka. The temple sabhamandap has a gallery on both sides that contains exquisite specimen of intricate wood carving of the evens of Ramayana on one side and wooden images of Astadikpal and Gandharva on the other. This temple has a pyramid tiled roof and round domes. The lamp tower or "Deepastambha" is a five storied structure. The temple reflects beautifully in the water tank which is located in front of the temple.