Parashuram lake is named after Parashuram Rishi. The Parsuram lake is situated at north of Purandaha. In the center of this Lake, there is big Lord Shiva’s statue. A bridge has been constructed for tourists to reach close to the statue. There are two ponds in this area, a new statue of lord Shiva is being constructed along with temple due to earthquake partially destroying the statue of lord Shiva. The place is very attractive for tourists but this place is more likely suitable for the young boys and girls. It seems to be picnic spot for them. This pond is linked with Rishi Parashuram which hold religious and historical values. The visitors to Dhanushadham also visit this lake and for Lord Shiva Darshan.