Govt tables Building Bill with housing support proposals
Summary
The government has registered a new Building Bill in parliament to guarantee housing rights, offering grants for low-income families and subsidized smart homes for middle-income households. The proposal also includes free construction materials for first-time homebuilders and relocation support for disaster-affected settlements.
Key Points
- The government has registered the Building Bill 2083 BS in parliament to create a legal framework for housing support in Nepal.
- The bill proposes housing grants of up to Rs 75,000 for poor and disadvantaged citizens, split between federal and provincial governments.
- First-time homebuilders could receive free river-based and natural construction materials, while livestock shed construction would also be supported.
- Middle-income families would be offered earthquake-resistant smart homes through subsidized financing with multiple payment options.