One of the earliest references of Bhokardan is found in Markandeya Purana, where it is described as a prosperous trading city in Dandakaranya area, located on the trade route from Ujjayini, in central India to Prathishthana, then capital city of Satavahanas.
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Bhokardan was the third richest city in Satavahana period after Prathishthana and Ter.