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Shri Sharada  Parameshwari, UdupiADI SHANKARACHARYA, the proponent of 'ADVAITHA' Philosophy founded Chaturamnaya Peethas in four centres of "Bharatha Varsha" (India).

One among them is SRINGERI situated in Chickmagalur District of Karnataka state. Mother Sharadamba, the presiding diety is blessing millions of devotees from there.

It was the intense desire of Late Alevoor Shyama Rao, one of the founders of Sharada Mantap, to build a temple for 'Mother' and 'Sri Shankaracharya' at Kunjibettu. Udupi. Unfortunately this could not be achieved during his life time. But the wish remained in the hearts of his friends and relatives, to see light in 1988.

Sharada Mandir gate

Blessed by his Holiness Srimadabhinava Vidyatheertha of Sringeri, the friends and relatives of Late Shyama Rao and people of the locality started the temple project under the able leadership of Sri Ambalpady Krishna Rao - Former Chairman of Syndicate Bank. The project was completed in 1988, and His Holiness Srimadabhinava Vidyatheertha Swamiji installed the three Shrines - Sri Sharadamba at the centre and Sri Mahaganapathi and Shankaracharya by her sides. It was a significant Co-incidence that his Successor Sri Sri Bharathi Theertha Swamigal placed the 'Kalasha' on the gopuram. Since then Poojas are being performed to the three dieties regularly in the morning and evening as per vedic rites. The number of devotees increased day by day and the temple has become a place of Bhajan, Archan, Sthothra Patana for the people of the locality. As a result, the prayer hall appeared to be insufficient to accommodate the visitors. In view of that management felt to expand the temple and add new space around the temple.

Sri Sharada parmeshwari, sri shankaracharya and Maha Ganapathy shrines were reinstalled (Punar prathista) in three separate seat. Sri Sharada became main diety. Punar prathista and Brahmakalashabhisheka was done in presence and with blessings of Sri Sri Bharathi Theertha Swamiji of Sri Sringerimatta on 11-3-2004. Sri Swamiji blessed that who belives and prays Sri Sharada Parmeshwari, she wiil fulfill their wishes.

In 2007 management felt that temple require additional place to perform Yaga, Yajna, Samohika Bhajana, Parayana,etc and also to perform other religious functions in the temple. They constructed new Jana Mandira a mini hall having total 2500 sqare feet an ideal hall for small religious function, which was inaugurated in march 2008 by Sri Sri Narashimhashram Swamiji of Sri Matha, Balekuduru.