Speaker Aryal asks govt to resolve land ceiling issues

Summary

Speaker Dol Prasad Aryal has urged the government to quickly resolve land ceiling issues and simplify legal complexities affecting Nepal’s real estate sector. Industry leaders at the 9th Nepal Real Estate and Construction Exhibition-2083 also called for loan adjustments and stronger support for housing and construction businesses.

Key Points
  • Speaker Dol Prasad Aryal urged the government to resolve land ceiling problems at the earliest and reduce legal complications in the sector.
  • He said sustainable, citizen-friendly and land-appropriate laws are needed to address long-term issues and encourage domestic employment.
  • Nepal’s real estate sector was described as a key pillar of the economy, linked with cement, banking, insurance and infrastructure.
  • Industry leaders asked the government to protect housing and construction businesses and address burdens from loans, interest and land ceiling rules.
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