Panauti an ancient Newari town located 32km away from Kathmandu is one of Nepal's chief edifying tradition sites. The small township which is situated at the convergence of Roshi khola and Pungamati khola, houses some of the oldest temples in Nepal. Panauti's pride, Indreshwor Temple, erected in 1294 AD is one of the oldest temples in Nepal. It is also the biggest pagoda style temple in Nepal. Durbar Square situated in the township center is another major attraction of the town. Panauti is famed for its rich Newari culture, festivals and beautiful woodcarving. The Panauti Jatra, a three-day chariot festival celebrated every year at the end of monsoon and the Makar Mela held every 12 years at the union of Roshi and Pungamati rivers are the two chief festivals observed in Panauti.