Jain people living in Chandwad city believe that the place was once the famous and a big center of Jainism.

Rishi Parashurama was asked by his father Jamadagni (known for his anger) to kill his mother Renuka.

Chandreshwar Mahadev Temple was built by King Chandradev about 2100 years ago and worshiped Lord Shiva.

After the death, their bodies were buried near a lake on the mountain of Chandreshwaras per Shaiv Gosavi tradition at that time.

In his bad time he wandered through the jungles of Tamolindapur (Chandwad) and later on he came in the town after a long period so it was difficult to prove his kingship to anyone.

He started doing job at a grocery shop but the shopkeeper and his daughter blamed him of stealing the jewellery.

Mrs. Holkar also built a famous network of subways from her palace to different popular locations like Goddess Renuka Temple and a well near Vinchur.

This town acts as a gateway for traffic from the north part of Nashik district to Ahmadnagar and Aurangabad, and especially to Manmad Rail station.

As a result, the town has significant traffic and allied trade (transport, hotels and garages).