Bavikonda is a hill which has wells for the collection of rainwater. Bavikonda is located 15 km from the town of Visakhapatnam. It is mainly known as a Buddist site. Excavation carried out in 1982-87 revealed an entire Buddhist establishment comprising a Mahachaitya, embedded with relic caskets, large vihara complex, numerous votive stupas, a stone pillared congregation hall, rectangular halls, a refectory etc. Artifacts discovered from the site include Roman and Satavahana coins and pottery dating back to the 3rd century BC to the 2nd century AD. A significant finding here is a piece of bone stored in an urn. This bone is widely supposed to be the mortal remains of the Buddha. In this, there is also a large quantity of ash. The Bavikonda site is popular amongst one of the oldest and Buddhist sites in the Asia.