The 1934 Nepal–India earthquake devastated the pond. The pond's restoration model was reportedly based on a painting by Henry Ambrose Oldfield. In 1967, the Government of Nepal attempted to build a market on top of the pond which led to local resistance; as a result, the government backed down. By 2014, the pond was reported to be in a neglected state and the city was having difficulty maintaining it. On the north side of the pond, there is a Chandeswari Temple dating back to 1663 and also near Pimbahal Pond there a stupa that was damaged by Muslim invaders in 1357. The April 2015 Nepal earthquake damaged the pond, but in 2017, the pond was restored to its original look. Pimbahal Pond is one of the well-known ponds of Lalitpur.