After having had the favours and directions of goddess Chandeshwori, King Anandadeva Malla founded seven villages (सात गाँउ), viz,   The old Newa: town is located at the central part of the City. It is surrounded by 8 ganesh temples with 8 adjacent ponds and Phalchaa (फल्चा). The name of the Ganesh temples are:  These Ganesh temples are said to be the boundaries of old Banepa. The main temple of Banepa city was Chandeswori Temple along the Rudramati River. Along with this, King Ananda Dev Malla also built wells and taps for providing the people of Banepa with the good source of water. But many of those ponds have been used for public uses and some 'Phalchaa' do not have any existence today. A lot of festivals are celebrated in Banepa as follows:  Above mentioned festivals are still in practice. But there were many other besides these which had been discontinued due to various reasons. Some of those festivals are listed as follows: Punyamata River, which was the major source of drinking water, irrigation and many other activities, is being polluted day by day. The bank of Punyamata River has been a place where solid wastage has been disposed. The sewage has been connected directly to the river without any treatment and in an unmanaged way has adversely affected the river water. Waste materials produced from local industry have turned the river water black. The surrounding countryside is also being polluted. Although Banepa is a small place of an area of , it has got the population density of . Due to the connection of Banepa with other places through roadways, about 300 buses, minibuses, cars, trucks, motorcycles altogether are helping in the transportation in a day. Along with this, the gases emitted from those vehicles have polluted the environment of Banepa. In the boundary of three municipalities of Kavrepalanchowk District, namely; Banepa, Dhulikhel and Panauti, the country's only IT Park is being constructed. All the three cities have been declared as the 'Cyber City'. Banepa has a Seventh-day Adventist hospital called Scheer Memorial Hospital, which was established in 1957. This hospital has been expanded as a medical college associated with Vanderbilt University in the US and Kathmandu University. Many students enroll in the B.Sc. Nursing programs at this hospital.