A few of the villages which share its boundaries with Neralur are - Guddahatti, Balagaranahalli, Lakshmisagara, Old Chandapura, Thirumagondanahalli, Bandapura, Yadavanahalli and Bendaganahalli.

The name Chayapuri (in Sanskrit) stands for village filled with shade (from Chaya=shade and puri=village) which when translated into Kannada becomes Neraluru (Chaya=Neralu and puri=ooru).

Another speculation about the origin of the name is possibly because of a big "Black Jamun" tree (Nerale hannu in Kannada), that existed in the village.

Needless to say, regular religious and spiritual activities that happen with vivacious zeal and alacrity in all these temples, is one of the sole reasons that this ancient village has withstood the ruthless ravages of time, and made this village and its inhabitants happy and prosperous!

Chief among them are temples dedicated to Shiva, Anjaneya, Renuka Yellamma Devi, Aggu Muneshwara and Basaveshwara.

There is an annual rathotsava(theru) held in the season of March/April, where a multi layered wooden chariot is pulled by devotees through the village thoroughfares.

The newly renovated Aggu Muneshwara Temple lies on the border of Neralur, Bendaganahalli, Alibommasandra, Guddahatti besides Lakshmisagara villages.