Real estate revenue hits three-year high as buyers rush before tax hike
Summary
Nepal's real estate revenue reached Rs60.74 billion in the fiscal year 2025-26 as buyers rushed to complete transactions before a tax hike and renewed land subdivision restrictions took effect.
Key Points
- Nepal collected Rs60.74 billion from real estate transactions in FY 2025-26, the highest in three years.
- Revenue and transaction volumes peaked in mid-June to mid-July due to buyer rush before tax increases and land subdivision restrictions.
- Capital gains tax on real estate sales increased starting July 17, with rates raised to 7.5% and 10% depending on property holding period.
- Only 340 of 753 local governments have completed land classification, leading to renewed restrictions on land subdivision from July 17.
