। ॥
In plain words
In my heart rejoices a certain young woman who makes Kāñcī her temple for ever, whose breasts are the orbs of the moon and the sun, and who has become bindu, space and nāda.
Word for word
Rejoices in my heart a certain one, making a temple, ceaselessly, of Kāñcī, with moon and sun orbs for breasts, transformed into bindu, sky and nāda, a young woman.