Sri Veda Vyasa after the epic war of 'Maha Bharatha' traveled to south from North. He reached Dhandakaranya region and performed penace to please Goddess Saraswathi on the banks of holy river Godavari.

Daily he used to wakeup by Brahma Muhurtha (early morning) and goes to holy Godavari for sacred bath and returns to his meditation place and engaged in his meditation till the sun set. There is a cave in this region where Veda Vyasa sit for penance it as entitled as 'KUMARACHALA' Due to the meditation performed by kumaraswamiji he used to pray by following words for the Goddes Saraswathi

'Paramashanthi Pradayini' ' Adrushyaroopini' Because of Veda Vyasa's meditation this region called as Tapobhoomi. Here Sri Veda Vyasa Rushi got darshan and blessings of Goddess Saraswathi.

In the passage of meditation period he got a dream, in that she ordered Veda Vyasa that every day before meditation he has to bring a feastful of sand from Godavari after sacred bath to this cave and keep it as three heaps. After some time from three heaps three deities appeared because of penance and meditation power of Saga Veda Vyasa as follows.

1. Maha Saraswathi

2. Maha Laxmi

3. Maha Kali

For these three deities Veda Vyasa made Prana Prasthista. As he stayed here for a long time this place was named ' VASARA' in due course of time it became ' Baasar'.

The temple was built by Saga Veda Vyasa. During the period from 11th century to 18th century the temple and idols of goddess are attempted to destroy by Moghal Nawabs named Hanid Shahi, Kuthub Shahi, Barid Shahi. At that time one young man named Sri Makkaji Patel who belongs to Veera Shaiva of Renukapuram has tried to protect the temple from the attacks made by the Nawabs with the help of a gang of youngstars belonging to Ravindrapuram, Mahathpuram, Ratnapuram, Vyasapuram under the leadership of Makkaji Patel, the temple was protected from Muslims invasions.