History of Chilkur Balaji Temple includes the mythological legends of South India and its art and sculpture. The architectural beauty of this temple dated back in the early phase of medieval times that is during the time of Delhi Sultanate.

Chilkur Balaji Temple is the ancient temple of Telangana. The temple of architectural elegance is located near Hyderabad in the Indian state of Telangana. Chilkur Balaji Temple is located near the banks of Osman Sagar Lake, near Hyderabad.

Chilkur Balaji Temple from the architectural style, structure and appearance, can be inferred that the temple was built half a millennium years ago. Set in sylvan surroundings, Chilkur Balaji Temple attracts millions of pilgrims every year. This is an ideal place for sequestered retreat and meditation for the devotees. Chilkur Balaji Temple is attracted in the medieval times and the modern times also.

Chilkur Balaji Temple is one of the oldest in Hyderabad. This temple was built during the time of Akkanna and Madanna, the uncles of Ramdas, a medieval South Indian Saint. According to the mythological legend in Telangana, a devotee who used to visit Tirupati every year could not do so on one occasion owing to serious ill health. Lord Venkateshwara appeared in his dream and ordered to install the temple. He could not believe his ears when he heard a voice of the God. The God said to flood the molehill with cow`s milk. When the devotee did so, a Swayambhu idol of Lord Balaji accompanied by Sridevi and Bhoodevi was found. This idol of Lord Balaji was installed with the due rites and a temple built for it. With the intense desire to revive the former glory and importance of the Chilkur Balaji Temple, the idol of Ammavaru was installed in the year 1963, the year after the Sino-Indian War. After the one-sided removal of Chinese troops from North east India, Ammavaru was given the name of Rajya Lakshmi, signifying this event. The unique feature of this idol is that lotus flowers are held in three hands and the fourth hand is in a position towards the lotus feet which signifies the doctrine of Saranagathi.

From the medieval times, Chilkur Balaji Temple is visited by great saints of India. Jeer of Sri Ahobila Mutt every time visits the twin cities and the temple of Chilkur Balaji. The Tilakayaths of Sri Vallabhacharya Sampradaya have been regularly visiting the shrine of Lord Balaji.