Paranda is a town with a municipal council in the Osmanabad district of the Indian state of Maharashtra.

[citation needed] According to tradition, there once lived a demon (rakshas in Sanskrit and Marathi) named Prachandasur (a huge giant) who ruled the area with his brother demons Suvarnasur, Bhuamasur, and Kandasur, hence the place names for the nearby villages in which they lived (Sonari, Bhoom and Kandari, respectively).

[3] Rail: The nearest railway station is Kurduwadi Junction on the Mumbai-Chennai route, 22 kilometres from Paranda.

State transport bus services are available to Paranda from Barshi, Kurduwadi, Osmanabad, Nanded, Latur, Pune, and Pimpri-Chinchwad.

The Maharashtra State Transport Corporation operates bus services to Paranda from Mumbai and Pune.

[5] Bhairavnath Nath Mandir Paranda is enriched with educational facilities for local people.