This settlement was initiated about four centuries ago during the reign of Mughal Emperor Akbar by the Bengali "Ghosh Mahashays" who migrated from Kotrung , West Bengal to permanently settle down here, having come as a part of the contingent of Todarmal during his famed survey of India.

This small village also boasts of conducting the oldest Durga Puja on record at the same venue anywhere in the world, which continues from the first of the Mahashays.

It is at Rameswarpur in Bhadrak district of the state, where it was started about four centuries ago by the Bengali Mahashay family (Roy family) who migrated in from Kotrung ( present-day Uttarpara Kotrung ) situated in the Hooghly district of West Bengal as a part of Todarmal's famous survey with Shri Chaitanya Dev of India during Emperor Akbar's rule.

Rameswarpur holds the record of performing the oldest Durga Puja in the World.

The Mahashays, who were benevolent Zamindars, gradually lost hold of the land they once owned, still continue the Puja as a part of their centuries old tradition.