Real estate market faced turmoil in fiscal year 2022-23 ​​​​​​​The introduction of the Land Use Regulation 2022, coupled with a liquidity crunch, has resulted in a significant downturn in Nepal’s real estate market, with the number of property transactions plummeting by approximately 56 per cent in the fiscal year 2022-23. Business 20 Jul, 2023
'Economic situation of Nepal, Lanka not same' Faris Hadad-Zervos, World Bank country director for Maldives, Nepal, and Sri Lanka, has explained that the situation facing Nepal and Sri Lanka are not the same and that the country can disabuse itself of that fear. Business 06 Apr, 2023
'Good governance, transparency, fair competition crucial for share market reforms' Chairman of Securities Board of Nepal (SEBON), Ramesh Kumar Hamal has emphasised on the need for accountability, good governance, transparency, and fair competition among service providers to develop the capital market at an accelerated pace. Business 30 Mar, 2023
Uptick in realty sector, but still in turmoil Despite an uptick in the real estate sector last month, the recently introduced Land Use Regulation 2022, along with liquidity crunch continues to pose challenges for the realty market, with the number of transactions slumping by nearly 60 per cent. Business 17 Dec, 2022
Land Use Regulation affects realty The recently introduced Land Use Regulation 2022, which requires the local government to classify the land under its jurisdiction into agricultural and non-agricultural land, has plunged the real estate market in turmoil, with the number of transactions slumping by nearly 50 per cent. Business 09 Nov, 2022
'Government announced incentives for start-ups are mostly only limited to paper' Established by three civil engineering graduates, Skill Sewa is an emerging start-up that boasts of being the country’s first home inspection company which also offers renovation and maintenance services by providing well-trained electricians and plumbers. Business 28 Jul, 2022
Land Use Regulation 2022 dents property market, say realtors The recently introduced Land Use Regulation 2022 has dented the real estate market, with only 47,028 properties (houses and land) sold across the country in the one month period between mid-June and mid-July. Business 18 Jul, 2022
Realty sector recovery stalls The recovery seen in the realty sector earlier this year seems to be slowing down, with the number of transactions and revenue taking a hit in the recent months. Business 18 Jun, 2022
Liquidity crunch affects realty sector recovery As the commercial banks have tightened loan disbursement to realty sector due to liquidity crunch, the recovery in the sector has only been gradual despite an uptick in real estate activities in the recent times. Business 22 Apr, 2022
EDITORIAL: Realty business After witnessing a slump for some time, the real estate business is showing signs of improvement. Opinion 18 Mar, 2022
Household savings a saving grace for realty Real estate business that had been slow till last month as commercial banks have tightened loan disbursement to realty sector due to liquidity crunch, seems to be on the mend with 162,678 transactions recorded in the eighth month (mid-February to mid-March) of the current fiscal year. Business 17 Mar, 2022
On a lotus trail From the Grant Trunk Road side, there is an access way to Sheoraphuli Railway Station (Kolkata Suburban). If you enter the compound from this side, you first come across a stagnant pool fenced by iron railings. It is also an auto and rickshaw stand close to a fruit market. Blogs 07 Jan, 2022
