The people of Parnasala were skilled in making handicrafts and decorative items using bamboo and other natural materials.

[citation needed] According to the 2001 Indian census, the demographic details of Parnasala village are as follows:[4] According to legend, it is said the "Lord Sri Rama "spent some of the 14 years of exile at this location.

[5] The locals believe that Sita, the beloved consort of "Lord Sri Rama" bathed in the stream here and dried her clothes on "Radhagutta" where the imprints are seen even today.

The demon king "Ravana" parked his Pushpaka on the hillock on the opposite side of the river and abducted her.

Another Hindu legend names Parnashala as the location where Rama killed Maricha, who came in disguise of a golden deer to deceive Sita.