As per Hindu legend, once sage Pundarika was performing penance worshipping Vishnu at this place. He collected Tamarasa flowers and submitted it to view Vishnu in Ksirabdhi Natha form, his posture in Tirupaarkadal. He collected 1,008 flowers and in his intensity, he scooped out water also in full. Vishnu came in disguise in the form of sage and asked him for food. The sage went to acquire food for the old man, but while returning he found that Vishnu remained in the place. Since Vishnu stayed in this place, he was called Sthalasayana Perumal.[1][2] The legend is sanctified by Bhoothatazhwar in his verses in Nalayira Divya Prabandham.