Penugonda is a place "hello" which is at a distance of about 150 Kilometers from Bangalore and passes through Bangalore-Penugonda highway. Sri Ajithanatha Basadi at penugonda was built during 14th Century A.D. and was once renovated during the year 1925 A.D. This ancient Basadi even though structurally strong was in dilapidated condition due to natural causes and vegetational growth. Heavy rain water leakage was observed due to poor condition of the roof. The restoration work of this basadi was took up 2014-16. During restoration the entire outer wall was dismantled and reconstructed after strengthening the foundation after chemical cleaning shikhara over garbhagruha was built according to the style of Basadi. New entrance Mantapa was built with granite stone slab in place of mantapa. This was in very bad shape. After restoration good number of tourists are visiting the place & daily pooja is being held.