New Road is the financial hub and a busy High Street in Kathmandu, Nepal.
[citation needed] The road was built during the period of prime ministership Juddha Shumsher Jung Bahadur Rana after the 1934 Nepal–India earthquake destroyed many buildings in the Kathmandu Valley.
The road can also be referred as old Kings Way of Nepal, as the road leads to old royal palace of Royal Families, Kathmandu Durbar Square which is a UNESCO World Heritage Site.
[citation needed]After the fall of autocratic Rana regime, it was renamed New Road.
A statue of Juddha Shumsher Jung Bahadur Rana is located at the westernmost roundabout of the road Head offices of Gorkhapatra Sansthan and Nepal Bank Limited are also located at New Road.