Lonar is the tourist spot in Buldhana district of Maharastra state. Lonar having the crater of hypervelocity meteorite impact like Bosmatvi (Africa), Labrador (New Cubek) but as the water in Lonar crater lake is salty, it is unique in world. Lonar crater is originated in the basaltic rock, it also provide uniqueness to crater. Recently, research on its geology on line with Barrington Crater in Arizona (USA) by Geological survey of India with foreign collaboration confirmed meteorite impact on its origin. The site of Lonar crater having astronomical as well as Geological importance. The rocks of Lonar crater the certain similarities with rocks, which were found on Moon. Recent study of NASA reveals that rocks of Lonar crater are similar to the rocks of Planet Mars, rocks of the Lonar crater are light weighted & show magnetic properties. Morphologically Lonar crater divided into ejecta blanket, crater rim, crater floor. Lonar crater is ecological, geological & phytogeographical wonder.