The ancient temple which stood for ages was fast dilapating. The locals tried rebuilding the sanctum sanctorum earlier, but it did not last long. The present temple complex is the result of the painstaking efforts of Sri. R. N Shetty. He started renovation in 1977 with a team of craftsmen and artisans brought in from Tamilnadu. The temple is mainly built of granite.

Subsequently, other sculptures were built on the Kanduka hill, which have enhanced the beauty of the place. The 123 ft high Shiva statue is the world's largest Shiva sculpture and has become a landmark.

Another newly added masterpiece is the world's largest Rajagopuram in front of the temple complex. This 249 feet tower was inaugurated in May 2008.

These monuments complement the natural scenic beauty of Murudeshwar.