The name of the village is coined so because it is believed that the sixth avatar of Lord Vishnu made a milestone here. It is said that the Brahmin god, Lord Parashuram was protecting the village from the wrath of the sea. At that moment, he released an arrow and asked the sea god, Lord Varun to recede beyond that arrow and thus the people were saved. Banahalli beach is that point of no return. The Benaulim or Banahalli beach is very popular among the tourist because it has a very clean and rock free shore land and a shallow sea bed which is perfect for swimming, fishing and other relaxing water activities.
Apart from this there are many sightseeing spots in and around this beach. People visit the famous Maria Hall, the saint churches, the holy trinity church, the historical Goa Chitra museum and many more. People also enjoy surfing, go kart racing bull fighting and other activities in Benaulim or Banahalli beach. The beach is very well developed and could be easily reached from the bustling Margao City. The nightlife of this beach is very colorful and the hotels here are very pocket friendly.