It was built during the Nizam reign.
The lake attracts many birds, making it a good birdwatching spot. A resort run by the Government of Telangana is located near the lake. The Outer Ring Road will pass close to the lake. There are many resorts and private dhabas around the lake. The Celebrity Club, Alankrita Resort, and Leonia Resorts are not very far from the lake. Institutes like NALSAR University of Law, Institute of Public Enterprise and Birla Institute of Technology and Science, Pilani – Hyderabad Campuses are also situated near the lake. Jawahar Deer Park, which contains many deer, peacocks and different Birds, is also near to the lake. The park is maintained by the Government of Telangana.
The Shamirpet Police take care of the lake as there were many cases regarding drowning. There are many Warning boards around the lake erected by the authorities.
- "Not the poorer cousin, anymore". The Hindu. Chennai, India. 2 April 2006.
- "Birla Institute of Technology and Science, Pilani - Hyderabad".
- "Drowning of people in Shamirpet lake". The Hindu. Chennai, India. 11 June 2008.