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New Road of Kathmandu

Economy of KathmanduStreets in Kathmandu
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New Road (Nepali: नयाँ सडक, Nepal Bhasa: न्हु सडक) is the financial hub and a busy high street in Kathmandu, Nepal Nepal. It refers to a two lane street in the center of Kathmandu, as well as the surrounding neighborhood. It is one of the busiest marketplaces in the city. Being near the midpoint of the ring road in Kathmandu, as well as the old center of Kathmandu (Kathmandu Durbar Square, also known as Basantapur, Kathmandu), it is one of the central locations in the city.

Excerpt from the Wikipedia article New Road of Kathmandu (License: CC BY-SA 3.0, Authors, Images).

New Road of Kathmandu
New Road, Kathmandu

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Geographical coordinates (GPS)

Latitude Longitude
N 27.703333333333 ° E 85.312388888889 °
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Address

New Road

New Road
44066 Kathmandu (Kathmandu-22)
Bagmati Province, Nepal
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Kathmandu Valley
Kathmandu Valley

The Kathmandu Valley (Nepali: काठमाडौं उपत्यका), also known as the Nepal Valley or Nepa Valley (Nepali: नेपाः उपत्यका, Nepal Bhasa: 𑐣𑐾𑐥𑐵𑑅 𑐐𑐵𑑅, नेपाः गाः), is a bowl-shaped valley located in the Himalayan mountains in Nepal. It lies at the crossroads of ancient civilizations of the Indian subcontinent and the broader Asian continent, and has at least 130 important monuments, including several pilgrimage sites for Hindus and Buddhists. There are seven World Heritage Sites within the valley.The Kathmandu Valley is the most developed and the largest urban agglomeration in Nepal with about 5 million population. The urban agglomeration of Kathmandu Valley includes the cities of Kathmandu, Lalitpur, Budhanilkantha, Tarakeshwar, Gokarneshwar, Suryabinayak, Tokha, Kirtipur, Madhyapur Thimi, Bhaktapur, Changunarayan, and others. The majority of offices and headquarters are located in the valley, making it the economic hub of Nepal. It is popular with tourists for its unique architecture, and rich culture that includes the highest number of jatras (festivals) in Nepal. Kathmandu valley itself was referred to as "Nepal Proper" by British historians. As per the World Bank, the Kathmandu Valley was one of the fastest growing metropolitan areas in South Asia with 2.5 million population by 2010 with an annual growth rate of 4%.In 2015, Kathmandu Valley was hit by the April 2015 Nepal earthquake. The earthquake caused thousands of deaths and the destruction of much infrastructure across the Kathmandu Valley, which includes the towns of Lalitpur, Kirtipur, Madhyapur Thimi, Changunarayan, and Bhaktapur. Kathmandu is also the largest city in the Himalayan hill region.