In early days the site was famous by the name of Vilasa. It is an old place with the relics of many temples and old fort which belong to circa ninth or tenth century when it was a flourishing town. Most of the temples are dedicated to Vishnu. A ruined Vaishnava temple locally known as Charkhambha has yielded a Vishnu image dated V.S. 1178 (CE. 1121). Among important Vaishnava sculptures carved out of red sandstone are numerous panels of ten avataras,Krishna with flute, magnificent image of reclining Vishnu, etc. Along with Vaishnavism, Jainism also seems to be popular at Krishnavilas as is evident from the old remains of Jaina temples. The prasasti of the Jinadattacharya written in CE. 1218 also mentions about the place. The Muslim Governor of Ranthambhore seems to have brought about the destruction of the town. The site was notified vide Act No. LXXI of 1951 dated 28.11.1951.