Wai has the epithetic name "Dakshin Kashi" (Kashi or Varanasi of the South) because of the city's more than 100 temples. Wai is known in Maharashtra for its ghats on the banks of the Krishna River and its temples, especially the Dholya ganapati temple on Ganapati Ghat.

The 17th-century warlord Afzal Khan, representing Ali Adil Shah II of the Bijapur Sultanate, is said to have made his first halt here on his way to the fort Pratapgad of the Maratha ruler Chhatrapati Shivaji Maharaj. A cache of 105 guns, swords and other weapons were found in Wai around 2005.

Wai is located at 17°56′N 73°53′E / 17.94°N 73.88°E / 17.94; 73.88,^[5] approximately 35 km (22 mi) north of the city of Satara. It has an average elevation of 718 metres (2,356 ft). It is surrounded by the mountainous region of the Sahyādris.

Dhom Dam, west of Wai, was completed in 1982. Waters held by Dhom and Balakwadi dams, west of Wai taluka, surround the region's remaining small villages. Most residents of small villages moved elsewhere when dams were built. Dhom, Daswadi, Chikhali, Tasgaon, Aasgaon, Wyahli, Dhawli, Dahyat, Jor, Golewadi, Golegaon and Ulumb are major villages which were moved partly and they still exist partly. Nearly 16 km (9.9 mi) from Wai is the village of Borgoan, between Dhom dam and Balkawdi dam, with four waterfalls. Borgoan's residents drink water from the falls year round.

Boundaries of Wai taluka: East of Wai are talukas of Khandala and Koregaon. To the west lies the taluka of Mahabaleshwar. The northern border abuts the Pune district. The north-west border is shared with the Raigad district. South of Wai are talukas of Jawali and Satara. A taluka is an Indian sub-district, smaller than a district and larger than a village.

Headquarters of Wai taluka is the city of Wai, populated by about 25,000 people. Wai is 35 km (22 mi) from Satara, 95 km (59 mi) from Pune, and 250 km (160 mi) from Mumbai. Situated on the Mahad-Pandharpur State Highway, Wai is a major city on the way to the hill stations of Mahabaleshwar and Panchgani.

Wai taluka has seven ghats on the Krishna's banks: Gangapuri, Madhi Aali, Ganpati Aali, Dharmapuri, Brahmanshahi, Ramdoh Aali and Bhimkund Aali.

According to a 2001 census in India,^[6] Wai had a population of 31,090. Males were 51% of the population; females, 49%. Literacy in Wai was 77%, (higher than India's national average of 59.5%). Male literacy was 81%; female literacy, 73%. As of 2001, 11% of Wai's population was under age 6.

The prominent Pradnya Path Shala educational institution is based in Wai.

Wai is well known for Tarkateertha Lakshman Shastri Joshi, founder of Marāthi Vishwakosh.^[7]

Krishnamai Utsav is the main festival in Wai. When warlord Afzal Khan set out from Wai to attempt to defeat Chhatrapati Shivaji Maharaj, Shendye Shāstri of Wai prayed to the Krishna River for Chhatrapati Shivaji Maharaj's victory, sparking the Krishnamai festival. It is celebrated on each ghat for four to eight days. The festival is also celebrated in the nearby town of Karad.

A 105-year-old Govardhan Sanstha (Goshala) celebrates Shri Krishna Janma Ashtami (Gokul Ashtami). The two-day Jatra festival attracts people from all over Maharashtra. The annual fairs, Yatras/Jatras, began with the Yatra of Mahalaxmi of Bhuinj, Jamb, Kikli and Belmachi on Dassraa. Yatras in the Wai taluka include Mandhardevi, Bagad of Bavdhan, Kavathe, Kalambhe and Surur.

A number of movies have been filmed in Wai, including Jis Desh Mein Ganga Rehta Hain, Gangaajal, Omkara (2006 film), Dabangg 1, Dabangg 2, Swades, Ishqiya, Singham, Deool, Bol Bachchan, Zila Ghaziabad, Gulaab Gang, R Rajkumar, and Chennai Express, Bajirao Mastani. Others are Ardhasatya, 22 June 1897, Omkara (2006 film), Mrutyudand, Swades, Gangaajal, Dabangg and Gulaab Gang Sargam, Chennai Express were shot in Wai and the nearby villages of Dhom, Bavdhan, Chikhli, Menvali, Bhuinj, Pachwad and the surroundings of Dhom, Balakwadi, Jambhali and Nagewadi dams.

Temples built in the Wai area tend to be built in Hemādpanti-style architecture. Use of huge stone slabs is the major characteristic of Hemādpanti architecture.

Four temples are near Brahmanshahi ghat: Chakreshwar, Chimneshwar, Kaunteshwar/Harihareshwar and Kaleshwar. Govardhan Sanstha ghat has Krishna Mandir. Near Brhmanshahi there are Vitthal and Ganpati temples. Ramdoh ghat has Rameshwar temple, Ramkund and Chilavali Devi temple. Gangapuri ghat has Lord Shiva, Dwarka, Bahiroba, Dattatray Temple. Ganpati Aali ghat has Ganpati and Kashi Vishveshvar temples. In Dharma Puri are Lord Vishnu temple and Mahalaxmi temple. Rokdoba temple (maruti) is built by Ramdas Swami. Dholya Ganpati temple is one of Maharashtra's prime temples. The large idol of Lord Ganesh is on Krishna River's ghats.

Hanuman Mandir is near Mahaganpati ghat. Bhavani Mata Mandir Asale is near by Wai on Satara Road.^{[citation needed]}

As well as Pradnya Path Shala, Wai has the following institutes:

• Dravid High School (Deccan Education Society)
• Disha public school, wai.
• Surabhi College of Advance Technology, Wai
• Surabhi Computers, Wai Since 1995 Certificate to Degree pogranms in Information Technology
• Government Industrial Training Institute (under public-private partnership)
• Kisan Veer Mahavidyalaya (Janata Shikshan Sanstha)
• Kanya Shala (Maharshi Karve Stree Shikshan Sanstha)
• Maharshi Shinde VidyaMandir, Kanya shala and junior college Wai (Swami Vivekanand Sanstha)
• Girl's High School, Brahmo Samaj, Chavadi Chowk, Raviwar Peth, Wai.(Swami Vivekanand Sanstha)
• Tarkateertha Lakshaman Shastri Joshi Vidyalaya (Yashavant Shikshan Sanstha)
• Saint Thomas School
• Sanjivani Computers established training institute in Wai in 1997, with certificate-to-degree programs.
• Kamandlu Panchakrushi Madhyamik Vidhyalaya (Asare)
• ITI Wai - The state government operates a training center for weaving silk garments, located between Wai and Pānchgani
• New English School, Borgaon
• Dhom High school., Dhom
• Shree Shivaji Vidhyalaya and Surur junior college
• Karmaveer Bhaurao Patil Vidyalaya & Junior College Bhuinj
• Mahatma Gandhi Vidyalaya & Jr College Pachwad
• Shri Vinayak Education Society's Dnyanshalaka Junior College, Wai.
• Mumkaidevi Madhyamik Vidhyalaya (Washivali Rameshwar Wadi), Wai.
• Blossom Children's Academy, Wai.
• Joy Children's Academy, Wai.* Disha public school, wai.* Disha academy and study center, wai.

• Wai Caves: nine Buddhist caves, situated at Lohare, 7 km north of Wai. The Chaitya hall contains stupa artifacts and has been converted into a Shiva temple.
• Dholya Ganpati Mandir: This temple was built by Raste in the 18th century beside the Krishna River. Wai is the first holy place of pilgrims on Krishna.
• Kashi Vishweshwar Mandir: Ancient temple of Lord Shiva. The main feature of this temple is the nandi, made by the same stone from which the idol of Mahaganapati was made. This Nandi was decorated by garlands and other jewelry. There is also a stone pendol.^{[citation needed]}
• Krishna Ghat: Site of many Hindu temples.
• Dhundi Vinayak Ganpati Mandir: 11th century temple of Ganpati.
• Bhiravnath Mandir Kikali: via Bhuinj and Chandan Vandan Fort. This temple is tremendous example of the ancient Vastushastra. Situated in the village Kikali, near Bhuinj at about 15 km from Wai.
• Wakeshwar: This is the "Hemadpanthi" type temple of Lord Shiva, in Bavdhan village on the Krishna River.
• Bhadreshwar: The temple of Mahadev Bhadreshwar in the Krishna River on Wai-Surur Road.
• Sonjai: Temple of Goddess Sonjai and Kaleshwari on the hills of Sonjai in the village of Bavdhan. Hills on the main stream of the Sahyadries are about 2,000 feet tall.
• Mandhardevi: Temple of Goddess Kalubai on the plateau of Mandhardevi, which is as high as Tableland of Pachgani.
• Pandavgad: North side of Wai via Shelarwadi, known for pandava-caves, pandava's footprint of Bhim.
• Lohare Palpeshwar Caves: It is 5 km north of Wai and 39 km from Satara. Known for its art. This is cave of God Shiv. This cave is an example of the anacient Vastushastra. Situated in the village Lohare, near Wai.
• Kamalgad: It is 10 miles (16 km) west of Wai and 32 km from Satara. This fort sits in the middle of Dhom Dam.*Paga Talim: Afzal Khan kept his horses here when came to Wai. Locals also gave him key information about the Mahabaleshwar forest and surroundings.
• Menawali: Birthplace of Nana Phadanvis, Peshwai administrator. The palace of Nana is in the menawali.
• Palpeshwar: Known for its historical caves.
• Panchgani: hill station.
• Mahabaleshwar: hill station. With one of the few evergreen forests of India, it served as the summer capital of Bombay province during the British Raj.
• Raste Wada in Motibag: ancient wada to visit.
• Laxmibai Wada in Bavdhan: Birthplace of the Queen of Jhansi Rani Laxmibai's mother. Large palace in the Village Bavdhan. Also there are caves in the hill of PachiDeval, dug by the Pandavas during their Vanvaas.
• Govardhan Sanstha (Goshala): This research institute, some 110 years old, launched a pioneer model project of electricity generation from cow dung. Institute's motto: not only is cow is sacred, she is useful in all aspects.
• Dhom and Dhom Balakwadi dams: Dhom Dam is situated on the Krishna and Kamandalu rivers, with capacity of 14 T.M.C. Balakwadi Dam on the Krishna is 19 km from Wai. Capacity is 4.08 TMC.
• Wind-power mill in Surur: Recent project in Shambhu Mahadev mountain range.
• Boat riding at Dhom Dam in Boriv Village

• Vaman Pandit (1608–1695), Marathi poet
• Nana Phadnavis (1742–1800), statesman of the Maratha empire
• B. G. Shirke (1918–2010), founder of BG Shirke Construction Technology Private Limited
• Laxman Shashtri Joshi (1901–1994), Sanskritist, Vedic scholar, thinker and Marathi writer, who established an encyclopedia in the Marathi language known as Marathi Vishwakosh
• Shahir Sable (1923–2015), Marathi folk singer
• Ruha Benjamin, sociologist and professor in the Department of African American Studies at Princeton University