A holy place. The reason for giving this place the name सप्तचरु is given in महाभारत , वन पर्व , Chapter 82 as follows:

The word 'Caru' means sacrifice. Once देवस् (gods) and men together put the fat parts of sacrificial animals, as burnt offerings in the sacrificial fire, each singing seven verses from the ऋग्वेद . By this sacrifice they obtained more prosperity than the fruits of giving one lakh of cows as alms or performing hundred राजसूय sacrifices or thousand horse-sacrifices.

The wise said that it was an endless gift to the manes. The gods, the manes, the Gandharvas, the celestial maids, the गणस् , the यक्षस् , किन्नरस् , the सिद्धस् , the विद्याधरस् , the people of the earth, the राक्षसस् , the दैत्यस् , the रुद्रस् , ब्रह्मा , all these joined together with vow and fast taken for a thousand years and performed a sacrifice each exalting विष्णु by singing seven verses from ऋग्वेद . केशव was much pleased at the caru and gave them आष्तैश्वर्यसिद्धि (the eight miraculous attainments) and everything they wished. Thus giving them all kinds of prosperities, the god मुकुन्द disappeared in this place as lightning in the clouds. Therefore this place became famous everywhere by the name सप्तचरु .