Land transactions drop 20% in first month of current fiscal year
Summary
Land transactions in Nepal dropped nearly 20% in the first month of fiscal year 2025/26, influenced by incomplete land classification, halted deals on illegal plots in Kathmandu, and delayed bank loans.
Key Points
- Land transactions in Nepal fell by nearly 20% in mid-July to mid-August 2025/26 compared to the previous year.
- About 500 local levels have not completed land classification, slowing plot registrations.
- Kathmandu Valley Development Authority halted transactions on 94 illegal plots, impacting the capital's property dealings.
- Banks delayed loan processing at fiscal year start, contributing to reduced land transactions.
