The founding of present day Bangalore is attributed to the Magadi Chieftain, Kempe Gowda, who laid its foundations in 1537. According to local folklore the present name Bangalore, derives from 'Bendakalooru' or the town of boiled beans, a name given by Veera Ballala, a king of the Vijayanagar dynasty, who having lost his way in the forests was given a bowl of boiled beans by a kindly woman here. However that may be, the founding of the city is traced back to 1537 and it has seen the rule of the maharajas of Mysore mainly. One of the factors that has gone in to make Bangalore the fifth largest city in India today is its mild and healthy climate. A large number of people, many from outside the region have thus made the city their permanent home. Thus the city has a fairly large number of people who are retired from active life and others who are here for exclusive pleasure seeking.