 It is considered to be the first dagaba built in Sri Lanka following the introduction of Buddhism and also the earliest monument, the construction of which was chronicled.The name Thuparamaya comes from "stupa" and "aramaya" which is a residential complex for monks.According to the Palumekichchawa Inscription, the tank called Madamanaka (Palumekichchawa Wewa) at Upala Vibajaka area had been constructed at a cost of 5000 Kahavanu and donated on behalf of the Bhikkus who were living at the Thuparama temple.