 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.The road was built during the period of prime ministership Juddha Shamsher Rana after the 1934 earthquake destroyed many buildings in the Kathmandu Valley.