The monolithic statue was chiselled out of a white granite rock, weighting 450 tons.It was carved by 200 sculptors for two years. The statue was transported to Hyderabad in November 1988.After the intial problems, the statue was erected on 12th April 1992 on a pedestral. Attached to it , Lumbini park was inaugurated with musical fountains, Bonsai Plants and a boat ride from Lumbini Park to the Buddha Statue. The whole atmosphere reflects peace and persevence. A visit to Buddha statue by boat is a memorable experience.

Right in the middle of the lake a gigantic stone Buddha statue stands in benediction. It is said to be the second biggest free standing monolith statue in the world, being 18 metres high and weighing 350 tonnes. On the dam, beside the road, there is a wide swath of grass lawn and flowering plants. There are bronze statues of luminaries of Andhra Pradesh down the centuries all along the road.