I got really curious about this after binging the old Doordarshan TV series and then trying to track down the original novel. 'Chandrakanta' is very much a work of fiction—it's considered one of the foundational texts of Hindi fantasy literature, specifically the 'tilism' genre. Think magical labyrinths, secret chambers, and fantastical curses, not historical chronicles.
That said, you can spot the historical backdrop it's painted against. The setting feels like a romanticized, pre-colonial Rajputana with its palaces, courtly intrigue, and notions of honor. But the author, Devaki Nandan Khatri, wasn't trying to document history. He was crafting an incredibly popular serialized adventure to hook readers, which he absolutely did. The historical elements are just the stage, the real play is all about sorcerers, princesses trapped in illusions, and heroes on impossible quests.
It’s interesting how it feels historical because of that specific cultural texture, but the moment a 'tilism' is mentioned, you know you're in pure imagination land. The blend is what makes it so distinct from, say, a Walter Scott novel where history drives the plot.