Budhakhol is a heritage site of Odisha located in Buguda block of Ganjam District.
The waterfall is located on a hillock where one can also view a huge Shiva-Parvati statue.
In the foot of the hills, there is a well maintained park. There is also a strong belief that Buddha has visited this place.
The Panchumahadeva temples are believed to be built in the era of Jagadguru AdiShankaracharya. Hence the place is a mix of both Buddhism and Hinduism.
There is also a small cave on top of the waterfalls.