According to the scriptures, Dwarkadhish Gopal Mandir is nearly two hundred years old. Historians believe that the construction of this temple was initiated by Maharani Baiza Bai Shinde, the consort of Daulatrao Scindia, in 1844, and the installation of the idol was completed in 1852. The temple complex has a vast courtyard where pilgrims rest during the Simhastha (Kumbh Mela) festival.

On the occasion of Krishna Janmashtami, while the entire country is immersed in devotion to Lord Krishna, at Dwarkadhish Gopal Mandir, there is a tradition of not performing the regular evening Aarti for five days after Krishna's birth. During these five days, it is believed that Lord Krishna does not sleep.

The architecture of Dwarkadhish Gopal Mandir is a beautiful example of Maratha architecture. The sanctum sanctorum is made of sculpted marble, and the doors are adorned with silver. The temple houses idols of Lord Dwarkadhish, Lord Shankar, Goddess Parvati, and Lord Garuda. These idols are immovable, and there is also a statue of Rani Baiza Bai in a corner of the temple. The gem-encrusted door in the sanctum sanctorum was obtained by Daulatrao Scindia from Ghazni, which had been looted from Somnath. The temple's large pillars and intricate carvings are worth seeing.

Devotees offer regular offerings of milk, butter, and other items at Dwarkadhish Gopal Mandir. Depending on their faith, devotees also offer Sooji halwa and Panchamrit to Lord Krishna.