It was earlier named after the engineer Mr. Foy, an englishman, who created it under a famine relief project in 1892.

It appears flat, and offers views of the neighboring Aravalli mountains.

At the time when the lake was constructed, the city of Ajmer was known as Ajaymeru, as can be noticed from the inscription installed at the lake.

On 12 February 2025, Mr. Vasudev Devnani, Speaker of the Rajasthan Legislative Assembly and MLA from Ajmer North, renamed the lake to Varun Sagar.

[2] This article related to a location in Rajasthan is a stub.