Nepal's Real Estate Sector Shows Revenue Growth in First Seven Months of Fiscal Year 2082/083
Summary
Nepal's real estate sector has shown a 9.12% revenue growth in the first seven months of fiscal year 2082/083, with increased transactions particularly in Kathmandu Valley and major cities across the country.
Key Points
- Revenue from real estate transactions increased by NPR 2.25 billion in the first seven months of fiscal year 2082/083 compared to the previous year.
- Total transactions nationwide rose by 10,349 to 856,290 in the same period, showing a recovering and dynamic market.
- Significant transaction increases were observed in Kalanki Land Revenue Office, Nepalgunj, and urban centers like Pokhara, Chitwan, and Inaruwa.
- Despite government tightening and banking challenges, the market shows positive signs with calls for loan policy flexibility to support growth.