The Gadsar Lake outflows through a stream flows north westwards and joins Kishanganga River at Tulail.

The Gadsar Lake is situated 108 kilometres northeast from Srinagar city.

Shepherds grazing their flocks in the outskirts of Gadsar lake during summers believe that, there lives a Lake Monster, a freshwater Octopus which drags the creatures from shores by its tentacles into the water.

There is an uncertainty in the minds of visitors, a kind of threat which prevents them going near the shores.

The shepherds also chose otherwise grazing their flocks at the shores of the lake.