Bilaspur formerly the seat of the ruler of the State is now submerged in the Gabind Sagar,it was situated on the south east side of the Satluj. Bilaspur Township is situated just above the old town of Bilaspur at an height of 670m. above in sea level. The new Bilaspur Township can be truely described as the first planned hill town of the country. The pleasure of a visit will be enhanced manifold when a motor launch is preferred as the means of travel, gliding through cool and enchanting waters of the lake.The Nalwari or annual cattle fair is held at Bilaspur for four or five days in March / April, the occasion is marked by wrestling and other amusements. Cattle are brought from Nalagarh and neighboring parts of Punjab.