About the temple
This temple is located in “Madhavapuram” in Mayurapuri i.e. in today’s Mylapore. The closest known landmark is the Mundakanniamman temple of Mylapore.
According to Mayurapuri mahadhmiyam in the Brahmandapuranam, when sage Vyasa requested the Lord to show him the holiest of places where he could do penance, he pointed out to Madhavapuram (Mylapore) where sage Bhrigu had earlier set up a hermitage and did penance. The Lord is hailed as Kalyana Madhavan as he married Goddess Amritavalli, who was born as Sage Bhrigu's daughter here.