Speaker Aryal asks govt to resolve land ceiling issues
Summary
Speaker Dol Prasad Aryal urged the government to resolve land ceiling issues at the earliest, saying legal complexities are hurting Nepal’s real estate and housing sector. The 9th Nepal Real Estate and Construction Exhibition-2083 opened in Kathmandu with calls for policy reform and support for entrepreneurs.
Key Points
- Speaker Dol Prasad Aryal asked the government to quickly address problems related to land ceiling and legal complexities.
- He said sustainable, citizen-friendly land laws are needed to solve long-term issues in the sector and encourage domestic employment.
- Nepal’s real estate and housing sector was described as a key pillar of the economy, linked to banking, insurance and infrastructure.
- The exhibition opened in Kathmandu with more than 100 stalls and will run until September 20.
