Located 2 Kms away from Malavallli town the Marehalli Lakshmi Narasimhaswamy Temple is one among the prominent Narasimhaswamy Temples in Mandya District, belonging to the Sri Vaishnava tradition. Built during the 10th century and renovated by Raja Raja chola 1st the temple exists amidst thick greenery in an area of around 12 acres. It is believed that long ago two sages by name Suyagna and Lambakarna performed yagnas and tapasyas where the temple exists now. The lord Narasimhaswamy pleased with their devotion appeared in their dream and assured that he would reside there. The place was earlier known was Gajaranya Kshetra. The deity Narasimhaswamy swamy locally known as Marehalli Mudukappa is also known as sowmya Narasimhaswamy.