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Situated below Shivapuri hill at the northern end of the valley, Buddhanilkantha temple is 9 km from Kathmandu city. The temple consists of a pond in which lies a great stone figure of the Hindu god Vishnu reclining on the coils of a cosmic serpent. The huge statue of sleeping Vishnu is carved from the single block of black stone of a type not found in the valley. It is believed that ages before the two hardworking farmers (husband and wife) discovered the statue when they were ploughing their field.

Besides Budhanilkantha temple, there are other two sets of exactly similar, but smaller statues of 'sleeping Vishnu' in the Valley. One set is in the Balaju garden and the other is hidden in the old garden of Hanuman Dhoka Palace of Kathmandu city. A prophetic dream of King Pratap Malla generated the belief that the King of Nepal should never visit Buddhanilkantha temple on threat of death. He then built the similar statue in two places.

Balaju Water Garden:
It is situated below Nagarjun Hill about five-kilometer northwest of Kathmandu City. The garden is known for its bank of 22 stone waterspouts (hiti) carved in the shape of sea-dragons. It alsoconsists of religious shrines, fishponds and a replica of the statue of Budhanilkantha. There is also a swimming pool inside the park.

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