New Road (,

Nepal Bhasa Newar (), or Newari and known officially in Nepal as Nepal Bhasa, is a Sino-Tibetan languages, Sino-Tibetan language spoken by the Newar people, the indigenous inhabitants of Nepal Mandala, which consists of the Kathmandu Valley and surro ...

: न्हु सडक) is the financial hub and a busy

high street High Street is a common street name for the primary business street of a city, town, or village, especially in the United Kingdom and Commonwealth. It implies that it is the focal point for business, especially shopping. It is also a metonym fo ...

Kathmandu, Nepal , pushpin_map = Nepal Bagmati Province#Nepal#Asia , coordinates = , subdivision_type = Country , subdivision_name = , subdivision_type1 = Province , subdivision_name1 = Bagmati Provi ...

Nepal. It refers to a two lane street in the center of

Kathmandu , pushpin_map = Nepal Bagmati Province#Nepal#Asia , coordinates = , subdivision_type = Country , subdivision_name = , subdivision_type1 = Province , subdivision_name1 = Bagmati Prov ...

, 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 Kathmandu Durbar Square (''Basantapur Durbar Kshetra'') is located in front of the old royal palace of the former Kathmandu Kingdom and is one of three Durbar (royal palace) Squares in the Kathmandu Valley in Nepal, all of which are UNES ...

, also known as

Basantapur, Kathmandu Kathmandu Durbar Square (''Basantapur Durbar Kshetra'') is located in front of the old royal palace of the former Kathmandu Kingdom and is one of three Durbar (royal palace) Squares in the Kathmandu Valley in Nepal, all of which are UNES ...

), it is one of the central locations in the city.

History

The road was built during the period of prime ministership

Juddha Shumsher Jung Bahadur Rana Field Marshal Sri, Shree Sri, Shree Sri, Shree Maharaja Sir Juddha Shumsher Jung Bahadur Rana ( ne, जुद्ध शम्शेर जङ्गबहादुर राणा) (19 April 1875 in Narayanhity Palace, Kathmandu – 20 November 19 ...

after the

1934 Nepal–India earthquake The 1934 Nepal–India earthquake or 1934 Bihar–Nepal earthquake was one of the worst earthquakes in India's history. The towns of Munger and Muzaffarpur were completely destroyed. This 8.0 magnitude earthquake occurred on 15 January 1934 at ...

destroyed many buildings in the Kathmandu Valley. It was formally called Juddha Sadak in his honor. The road can also be referred as old Kings Way of Nepal, as the road leads to old royal palace of Royal Families,

which is a

UNESCO The United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations (UN) aimed at promoting world peace and security through international cooperation in education, arts, sciences and culture. It ...

World Heritage Site. The inhabitants of New Road are mostly

Newar Newar (; new, नेवार, endonym: Newa; new, नेवा, Pracalit script:) or Nepami, are the historical inhabitants of the Kathmandu Valley and its surrounding areas in Nepal and the creators of its historic heritage and civilisatio ...

s. After the fall of autocratic Rana regime, it was renamed New Road.

Notable buildings

The headquarter of

Nepal Airlines Nepal Airlines Corporation ( ne, नेपाल वायुसेवा निगम, Nepāl Vāyusevā Nigam, Nepal Air Service Corporation), formerly known as Royal Nepal Airlines ( ne, शाही नेपाल वायुसेवा, ...

is located on the Eastern end of New Road, next to New Road Gate, which marks the start of New Road at the crossing with Kantipath. A statue of

is located at the westernmost roundabout of the road Head offices of

Gorkhapatra Sansthan Gorkhapatra Sansthan () is Nepal Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlo ...

and

Nepal Bank Limited Nepal Bank Limited ( ne, नेपाल बैंक लिमिटेड) is the first commercial bank of Nepal. It was established in 1937, by Juddha Shumsher, which marked the beginning of an era of formal banking in Nepal. History On Nov ...

are also located at New Road. Bhughol Park is located on the southwestern corner of the street.

References

{{DEFAULTSORT:New Road Streets in Kathmandu Economy of Kathmandu