The temple, also known as Neasden Temple, in north London was decorated with dazzling displays of bright, intricate Indian patterns and flickering lamps.
Hundreds of worshipers and visitors arrived at the temple throughout the day yesterday and offered their prayers.
In the evening, a special ceremony for home and business owners was held.
The 'chopda pujan ceremony' is an occasion for business owners to close their existing account books and open new ones in preparation for the year ahead.
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The current spiritual leader of BAPS Swaminarayan Sanstha, Mahant Swami Maharaj had sent his (Hindu) New Year blessings.
The actingHigh Commissioner of India to the UK,Dinesh Patnaik, also visited the temple for the celebrations.
In his address, he said that it was "a proud moment" for him to be present on such an auspicious occasion.
He also talked about the "positive energy" created by the temple in "bringing the community together in prayer and service".
The worshipers also donated some money for the victims of recent earthquake in Italy.
Built in 1992 using Bulgarian limestone and 2,000 tonnes of imported Italian marble, the temple is famous with Indian tourists and diplomats.
The temple was also visited by London's first Muslim Mayor Sadiq Khan just days ahead of his election.
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