This Olasuni Gumpha has certain historical and rituals associations. The existence of rock cut caves represents the historical association with Buddhist monuments.
The structure and artistic qualities of the Mahasamadhi Temple indicates the temple architect of Odisha. The celebration of several religious occasions in Sankranti, Purnima and Ekadasi.
In addition to this the celebration of mostly popular world famous festival “ Olasuni Yatra” prove the ritual importance of the place.