Complex sentence: Lalbaug lies in the approximate center of Mumbai, near Dadar and Parel, and has been a famous center for reunions of Hindus during their festivals, especially the Ganesh festival.
Split into simpler sentences: Lalbaug lies in the approximate center of Mumbai, near Dadar and Parel. It has been a famous center for reunions of Hindus during their festivals, especially the Ganesh festival.