Lamayuru hosts to two annual masked dance festivals, in the second and fifth months of the Tibetan lunar calendar, when all the monks from these surrounding gompas gather together to pray.
Located on the main Kargil Leh highway between Bodhkharbu and Kha-la-che, on a steep rock mountain Lamayuru is amongst the oldest monateries in Leh and is beleived to be in existence along the same time as Alchi monastery. Lamauru monastery is abput 125 kms from Leh and can be visited on the way to Leh from Srinagar if you are traveling by road.
Though almost in ruins Lamayuru monastery is home to about 150 monks of Red-Hat sect of Buddhism. It is beleived to have housed more than 400 monks in earlier times.