The Assembly adopted a condolence motion after recalling the services of Bhilare Guruji.
Maharashtra Chief Minister Devendra Fadnavis said his work in the freedom struggle and post-independence period is important.
"He helped in developing several co-operative institutes. His political career was dedicated to serve people," said the Chief Minister.
Bhiku Daji Bhilare, who claimed to have saved Mahatma Gandhi from being killed by Nathuram Godse in 1944, passed away after a brief illness on July 19.
Congress leader and Leader of Opposition Radhakrishna Vikhe Patil spoke about his political and social contribution.
NCP leader Ajit Pawar said,"When Mahatma Gandhi was in Mahabaleshwar, Godse visited there and attacked him with a knife. It was Bhilare Guruji who saved Gandhi from this attack. The Commission formed after Gandhi's assassination had also mentioned about this attack and his act of saving Gandhi.