According to the 'Use' section, point 1 states: 'We use there to say that something exists. e.g. There is a big open field in front of our school.'
Class 6 › English Grammar and Composition › Chapter 7: Introductory 'There' & 'It' › Topic: Reading text with introductory 'There' and 'It'
Aligned to the NCTB national curriculum.