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Narayanhiti Palace, or Narayanhiti Durbar, is a palace in Kathmandu ,Nepal, which long served as a primary residence for the country's monarchs. The palace compound is located in the north-central part of Kathmandu, at the head of Durbar Marga. It is designed to be a contemporary pagoda style with sprawling, park-like grounds covering an area of 30 hectares (74 acres)) all fully enclosed 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 Birendra Bir Bikram Shah Dev, the then heir apparent to the throne. The southern gate of the palace is located at the intersection of Prithvi Path and Durbar marga streets. The palace was also the scene of the 2001 Nepalese Royal Massacare. After the 2006 revolution toppled the monarchy, the newly elected assembly declared Nepal a republic and ordered the King to vacate the palace.

It was the Royal Palace of King, His Majesty King Birendra Bir Bikram Shahdev of Nepal. The Shah kings moved to this palace from their old palace in the late 18th century. The new edifice was inaugurated in 1970 on the occasion of the wedding of His Majesty king Birendra Bir Bikram Shahdev.

The palace takes its name from the Narayanhiti, a famous historic waterspout situated at the southern corner of the Palace. The Palace compound is immense, surrounded by high walls and guarded by soldiers.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.

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