The temple, once the centre of attraction in the erstwhile Tehsil of Kulgam, was reopened by the All Parties Migrants Coordination Committee (APMCC).
Deputy Chief Minister Tara Chand and MLA Kulgam M Y Tarigami were among those who attended the ceremony.
"The bells rang in the temple after 22 years. A hawan is being organised for a full week," APMCC chairman Vinod Pandit said.
The place of worship, which was in damaged condition, had been given a new shape with construction of four temples within its complex, he said.
The idols, installed in the temple, have been gifted by The Art of Living founder Sri Sri Ravi Shankar.
