Narayanhity Palace Museum
The name, Narayanhiti, is made up of two words ‘narayan’ and ‘hiti’. Naryan is the name of an incarnation of the Hindu god Vishnu, whose temple is located opposite to the palace. ‘Hiti’ means “water spout” which is also located to the east of main entrance in the precincts of the palace, a landmark that features prominently in local legends.
The palace compound is located in the north-central part of Kathmandu, at the head of Durbar marg. It is designed to be a contemporary pagoda with sprawling, park-like grounds covering an area of (30 hectares (74 acres)) all fully enclused with walls and guarded gates. The current Narayanhiti Palace was built in 1970, replacing the original 1915 building, which had been destroyed in an earthquake. It was first used on the occasion of the marriage of King Birenda Bir Bikram Shah, the then heir apparent to the throne. The southern gate of the palace is located at the intersection of Prithvi path and Durbar marg streets. The palace was also the scene of the 2001 Nepalese Royal Massacre. After the 2006 revolution toppled the monarchy, the newly elected assembly declared Nepal a republic and ordered the King to vacate the palace. It has since been turned into a museum.
Narayanhiti Museum 
The royal palace was turned into a public museum immediately after the country was declared a republic. The crown jewels are considered to be among the most valuable objects in Nepal.