Surfactant free gold, silver and gold-silver alloy nanoparticles were synthesized using a laser mediated method for localized surface plasmon resonance tuning. The effect of these nanoparticles on the thermo-optical properties of eosin B dye was investigated. Dual beam mode matched thermal lens method was implemented to evaluate the thermal diffusivity of the eosin B with gold, silver and gold-silver alloy nanoparticles. Concentration and composition dependant changes in thermo-optical properties of the eosin B-nanoparticle systems were quantified. As the concentration of nanoparticles incorporated into the dye solution increased, the thermal diffusivity and fluorescence emission intensity of the samples were found to be decreased. At the same time an enhancement of the thermal lens signal was observed with the introduction of nanoparticles into the system. Further enhancement in signal and reduction in thermal diffusivity and fluorescence intensity can be obtained with fine tuning of surface plasmon resonance wavelength by gold, silver and gold-silver alloy nanoparticles.