Makarajhola is a village and a Gram panchayat in Ganjam district in the Indian state of Odisha.

It is situated at 18 km from Silk City, Brahmapur on East # NH-59 As of 2011[update] census in India,[1][2] Makarajhola had a population of 5,436 .

According to festival of Makar Sankranti & Kothisala Yatra and Thakurani Yatra Makarajhola is situated at 18  km from Silk City, Brahmapur, Odisha on East and 2 km from NH-59 on the West.

The famous and ancient Maa Dandakali Temple of Adi shakti.

The hereditary head of the festival, who is also regarded as the head of the weaver Ellema community of the village, Desibehera dressed in his traditional attire reached the Budhi Thakurani temple to invite the goddess to her parental abode at his home .