The Kathmandu Valley (Nepali: काठमाडौं उपत्यका), also known as the Nepal Valley or Nepa Valley (Nepali: नेपाः उपत्यका, Nepal Bhasa: 𑐣𑐾𑐥𑐵𑑅 𑐐𑐵𑑅, नेपाः गाः), National Capital Area, is a bowl-shaped valley located in the Himalayan mountains of 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. The valley holds seven World Heritage Sites within it.
The Kathmandu Valley is the most developed and the largest urban agglomeration in Nepal with a population of about 5 million people. The urban agglomeration of Kathmandu Valley includes the cities of Kathmandu, Lalitpur, Bhaktapur, Changunarayan, Budhanilkantha, Tarakeshwar, Gokarneshwar, Suryabinayak, Tokha, Kirtipur, Madhyapur Thimi, 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 which 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 and an annual growth rate of 4%.
