Kathmandu, also known as City of Temples stands at an elevation of approximately 1,400 metres (4,600 feet) above sea level in the bowl-shaped Kathmandu Valley of central Nepal. The valley is historically termed as "Nepal Mandala" and has been the home of Newar culture, a cosmopolitan urban civilisation in the Himalayas foothills. The city was the royal capital of the Kingdom of Nepal and hosts palaces, mansions and gardens of the Nepalese aristocracy. It has been home to the headquarters of the South Asian Association for Regional Cooperation (SAARC) since 1985. Today, it is the seat of government of the Nepalese republic established in 2008; and is part of the Province No. 3 in Nepalese administrative geography.