In the 11th century, chalukya rulers built this temple as it was considered to be there an ancestors god, letter in 1738 chalukya descendant Dubal of karad built other half of temple, From then onwards all rituals are performed in presence of Dubal family members.

Sardar Nagoji Mane was one of the famous ruler's of mhaswad and Ally of {Chhatrapati Rajaram Bhonsle Maharaj}.

A fair of Lord Shree Siddhanath is celebrated Annually by the people over here.

Lord Shree Siddhanath Ratha Yatra is a Great annual town fair.

Lakhs of people from all over India come to Mhaswad to celebrate this the festival and enjoy the fair.