Katraj is famous for its Peshwa-era (18th century) lake that supplied water to the city during that period.

[1][2] The village lies at the foot of the Katraj Ghat or mountain pass on the main National Highway 4 connecting Pune with places south of the city, such as Kolhapur and Bangalore.

In recent decades area surrounding the lake and the village of Katraj became part the City of Pune.

This temple houses copper-plate prints of the Śvetāmbara canon on its walls and is one of the several Aagam mandirs.

An image of Padmavati, who is popular among devotees, was installed inside the temple in 1999.