36 Companies Granted Licences to Trade in Real Estate
Summary
Thirty-six companies have been granted licences to trade in real estate for transactions exceeding Rs 30 million, as mandated by the Nepalese government effective from March 2026.
Key Points
- Thirty-six companies have obtained licences to conduct real estate transactions exceeding Rs 30 million within metropolitan and sub-metropolitan cities.
- The licensing policy was endorsed by a Cabinet meeting on September 25 and comes into effect March 9, 2026, under the Land Revenue Act, 2034.
- Out of 197 companies that applied, only 36 have been granted licences due to tax payment issues, while others are blacklisted or under review.
- Licensed companies will operate in six metropolitan and eleven sub-metropolitan cities including Kathmandu, Lalitpur, Biratnagar, and Pokhara.