Just a few kilometres away from the dam, the Sinhagad Fort is located with all its grandeur and tradition. The twin dams of Panshet and Varasgaon primarily supply water for irrigation in the surrounding areas, which are located close to the Khadakwasla Dam.
In 1961, the Khadakwasla Dam was destroyed because the Panshet Dam overflowed and thus caused devastating floods in the city of Pune. However, the dam was later rebuilt. Khadakwasla is a preferential spot for honeymoon and many groups also come here on weekends and during the monsoon season. Picturesque places around the dam include the Kudje village, Peacock Bay and Neelkanteshwar. Neelkanteshwar is situated near the Bahuli village, very close to Kudje.
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