The Vikram Pendse Cycles Museum opened in May 2017 with a massive personal collection of cycles, restored and put together by Vikram Pendse and Pandurang Gaikwad. The museum is located atop Pendse’s own bungalow--three storeys high. It houses over a hundred and fifty cycles, the oldest being the 1914 Sunbeam, from England. All the floors have cycles and/or cycling equipment, however, the second and third floor also share space with other historical artefacts. Pendse started collecting in 1992, after being gifted a BSA Paratrooper collapsible cycle, dating back to World War II.

Aside from vintage and current cycles, the collection also includes accessories and spares, such as tires, seats, bells, gears, air pumps, lamps, and so on. It also has old household items like typewriters, alcohol bottles, keychains, radio sets, lighters, sewing machines, kitchenware, etc. The museum has been designed to look like a cycling track. Pendse and his family are responsible for the museum’s upkeep and funding.