The temple is one of the oldest Abhimana Sthala and known to devotees all over Mumbai. The Prathisthapak of the temple was Vaikunth Vasi Jagat Guru Shri Shri 1008 Shri Swami Bhagwatacharyaji Maharaj. The Jirnodharak was Vaikunth Vasi Shri Shri 1008 Shri Swami Rangacharyaji Maharaj. Prabandhak - Mahant Shri Shri 108 Shri Swami Dharnidharacharyaji Maharaj. Vaikunth Vasi Jagat Guru Shri Shri 1008 Shri Swami Bhagwatacharyaji Maharaj visited Tirumala Tirupati Balaji Temple situated in Andhra Pradesh and after having darshan he was so overwhelmed with the devotion of Lord Venkatesh that he decided to build a temple in Ghatkopar and people of Mumbai too can seek Lord Venkatesh's blessings. With such pious mind and immense devotion Vaikunth Vasi Jagat Guru Shri Shri 1008 Shri Swami Bhagwatacharyaji Maharaj received the present temple's land from a devotee Jeevabai Narayanji with Lord's grace and permissions granted from guru, Srinivasa Venkatashwara Tirupati Balaji temple was built in the year 1942. Vaikunth Vasi Jagat Guru Shri Shri 1008 Shri Swami Bhagwatacharyaji Maharaj had laid the foundation of the temple on Magh Shukla Paksh Vasant Panchmi Vikram Samvat 1999 (year 1942).