Nuwakot was a colony of Kantipur (Kathmandu) and regarded as the western main gate to enter the valley. This place was also popular as the main route for trade with Tibet. Due to the influence of Kantipur, different places, rest houses, dabalis, temples and stupas of archeological significance were built and various cultural customs were practised in Nuwakot during Malla and Shah periods which still have been observed with pride. Just east-southern side of Saat Tale Darbar, here is a west facing palace made of oily bricks, called Rangamahal. It was built as a recreational spot for the three Malla Kings of Kantipur Valley. There are may dabalis and Resthouses which were built with religious and social purposes.
Cultural practices of Malla period continues to be the main attraction for tourists in this area. Some of the cultural festivals observed even today are Bhairabi Jatra or Sindure Jatra, Narayan Jatra, Gai Jatra, Shipai Jatra, Devi Jatra, Lakhe dance, Fulpati and Krishna Janmastami etc.