The lake supports CITES and IUCN redlisted Lissemys punctuata, Aspideretes gangeticus and Mansariella lacustris.
The composite lake is high in micro nutrients for which it is an attractive habitat, breeding and nursery ground for migratory waterfolks like Fulica atra, Gallinula chloropus, Podiceps nigricollis, Aythya fuligula and various Anas species.
Besides being a popular excursion destination in Jammu, it is also a holy site, sharing the legend and sanctity of Lake Manasarovar.
The shrine comprises a big boulder on which are placed a number of iron chains perhaps representing the small serpents waiting on the tutelary deity of Shesha.
Newlyweds consider it auspicious to perform three circumambulations (parikrama) around the lake to seek the blessings of Shesha, the lord of serpents, whose shrine is located on its eastern bank.
There is also a wildlife sentury near the lake which provides home to a number of Birds and Animals such as Spotted Deer, Nilgai, Cranes and Ducks.
After the war, Arjuna performed a ritual called the ashvamedha yajna to prove his mettle and vantage over the land.