The name Kala Ghoda (Black Horse) is a reference to the
presence of a black stone statue of King Edward VII (as the then Prince of
Wales) mounted on a horse that was built by Jewish businessman and
philanthropist Albert Abdullah David Sassoon, although this statue was removed
from the precinct in 1965 and subsequently placed inside the Byculla Zoo. A
local legend stated that the statues of King Edward and the one of Shivaji on a
horse at the Gateway of India came to life after midnight and battled it out on
the streets.
In 2017, the 'Kala Ghoda' returned to the area with a new
statue of a similar looking horse without a rider, being commissioned by the
Kala Ghoda Association. The statue, titled 'Spirit of Kala Ghoda' was designed
by architect Alfaz Miller and sculpted by Shreehari Bhosle. Ref Wikipedia.
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