Shiva Temple at Velneshwar is believed to be one of the ancient temples dedicated to Lord Shiva and his consort. Representing an example of ancient Hindu architectural style, the temple houses many small shrines dedicated to Lord Vishnu, Ganesha and Kala Bhairav. The main sanctum of the temple is adorned with paintings and stone carvings representing various episodes of mythology. The temple is thronged by a number of devotees and tourists during Maha Shivratri festival, when an annual fair is organised in its premises.