Mounted on a stone platform, the image of the four-armed and crowned goddess is made of sandstone. The temple complex also comprises five towers and a chief hall. The walls of the temple complex are decorated with beautiful carvings and numerous sculptures. The temple is an excellent example of the Hemandpanthi architectural style. It is one of the prominent places to visit in Kolhapur.
King Gandaraditya of the Shilahara dynasty, built the circumambulation path along with two sanctum sanctorums for Goddess Mahakali and Mahasaraswati in the 11th century CE. The temple was built in the 7th century by Chalukya ruler Karandev. Also known as Dakshin Kashi, Shri Mahalakshmi Temple is one of the six abodes of 'Shakti' (Goddess of Power) from where one can attain fulfillment and salvation of desires. Sri Mahalakshmi Temple is dedicated to the goddess of wealth, Sri Mahalakshmi, also known as Goddess Ambabai, the guardian deity of Kolhapur who killed demon Kolhasura. It is one of the popular places of pilgrimage in India, and among the must include places in Kolhapur Tour Packages. At a distance of 2.5 km from Kolhapur Railway Station, Sri Mahalakshmi Temple is a prominent Hindu temple situated in the city of Kolhapur, Maharashtra.