Real Estate Transactions Show Significant Growth in Q3 FY 2082/83
Summary
Real estate transactions in Nepal increased significantly in Q3 FY 2082/83, with a 6.42% rise in transaction numbers and Rs 183.90 billion in value, leading to higher government revenue and capital gains tax collections.
Key Points
- Real estate transactions in Nepal increased by 6.42% in Q3 FY 2082/83 compared to the previous year.
- The total value of real estate transactions rose from Rs 100.07 billion to Rs 183.90 billion.
- Government revenue from the sector grew by 23.72%, with capital gains tax increasing by 31.42%.
- Bagmati Province led with the highest growth in transactions and value, especially Kathmandu Metropolitan City.
- Bank loan growth for real estate slowed down to 5.55% from 7.52%.
- Real estate transactions also improved in metropolitan and most sub-metropolitan cities across Nepal.
