Markandeya, obtained his boon of life here in Parali from Vaidyanatha. This story is from Shivapuran, Markandeya was not blessed with a long life. Yama wanted to take his life in accordance with the time of Markandeya's life. But Shiva released him from imminent death and from Yama. A pond is named after him. It is here that this happened.