Real Estate Acts & Policies

Acts and Policies

Government Malpot Rate of Land in Nepal 2080-2081 (2023-2024)

2023-07-28: The Land Revenue Office shall be responsible for the registration of land within the district and shall have the power to recover land revenue.[..]

Real Estate and Housing: Highlights of Monetary Policy 2080-81 Nepal

2023-07-23: Nepal Rastra Bank (NRB) has announced a progressive monetary policy for the fiscal year 2080-81 (2023/24), with the goal of assisting in the construction of houses for individuals and families.[..]

Government Malpot Land rate price by Kathmandu, Lalitpur and Bhaktapur Land Revenue Offices, Nepal

2022-08-09: There are 9 Land Revenue Offices in three districts of the valley. Out of 9, there are only 6 land revenue offices in Kathmandu, 2 in Lalitpur, and one in Bhaktapur.[..]

Capital Gains Tax System in Nepal on Real Estate Transactions

2022-06-15: The budget for the fiscal year 2079/80 presented by the government in the parliament has increased the capital gains tax on real estate transactions.[..]

Price of Land by Kathmandu Metropolis, where and how much ?

2020-06-25: On the basis of roads and streets, price of land has been fixed by KMC.[..]

House and Land Tax rate in Kathmandu

2020-06-25: According to the fiscal bill, you have to pay 0.01 percent tax on a house or land or property worth Rs 10 million ( Rs.1 Crore). It costs Rs 1,000. You have to pay this tax to the Metropolis.[..]

Importance Of Land Reform

2020-04-29: The commission has been given two tasks: to provide land to the landless squatters, and regulate unplanned dwellings.[..]

High-rise hazard in Capital

2018-01-08: High-rise is not the only solution to scarcity of land in the valley[..]

Land revenue did not meet target: Genuine transactions of land and houses still not happening

2016-08-21: The main reasons for overwhelming revenue collection at the end of the fiscal year was to avoid increment of minimum land valuation in the new fiscal, taking momentum on the reconstruction process and transferring properties.[..]

Buildings without approval

2014-08-18: Failure of KMC to supervise and monitor‚ many residential buildings are violating the approved construction permits.[..]

Felony or penalty?

2014-07-27: With loopholes in monitoring‚ developers are encouraged to break the rules and avoid delays[..]

Budget leaves realty sector unimpressed

2014-07-20: Implementation of plans and programmes and timely spending of development budget will determine overall result[..]

Denial of right to housing and forced evictions -A gross human rights violation

2013-02-28: Nepal has its tripartite obligations to respect‚ protect and fulfil this right to adequate housing. These obligations are derived not only from the constitution but also from the various other international human rights covenants to which Nepal is a party.[..]

Switching Over: People increasingly changing the purpose of buildings without following proper procedures

2013-02-03: National Building Bylaws 2008 consists of minimum guidelines to follow for the purpose of building residential houses, commercial buildings, schools, hotels or hospitals along with land use zoning.[..]

Towering troubles

2012-11-26: Dr Bhai Kaji Tiwari, district commissioner at Kathmandu Valley Development Authority (KVDA), claims high rises are safer and more technically sound than individual houses in the valley[..]

Road-widening and traffic management: The urban necessities

2012-02-07: If widening of roads is accompanied by the introduction of integrated bus transit, the traffic system of Kathmandu would be solved permanently.[..]

Road expansion - will it give Kathmandu a facelift?

2012-01-22: The mission to save the city from looking like a slum will be fruitful only if demolished areas are properly.[..]

Rental Property Still a Hassle

2011-12-04: The absence of a binding legal contract is a problem for landlords, tenants and the government[..]

Politics of land

2011-07-23: As a general concept, land plotting offers a framework for the appropriate management of settlements and physical development. But presently, land plotting within the Terai appears to be motivated primarily by profit.[..]

Commercial,complex and corrupt

2011-07-17: The irony is that even buildings around KMC are being constructed without following rules and regulations. But KMC is obliged to be a mute spectator. Most such buildings are cheating in parking spaces.[..]

The Building By-laws for the construction of Apartment

2011-03-08: Buildings according to “Building By-laws for construction in Municipalities and Urbanizing VDCs of Kathmandu Valley 2008 (2064)” are as follows[..]

Revise credit policy

2011-02-10: There is room for relaxing some of the credit polices imposed previously on promising sectors like housing and infrastructure construction, which have strong multiplier effects in creating jobs in many sub-sectors...[..]

Whats cooking on the home loan front

2011-01-09: According to bankers, the reason behind increasing the interest rate on loans is as per the guidelines issued by the Nepal Rastra Bank (NRB) to not increase the gap between the interest rates on different saving schemes over two per cent.[..]

Too many hurdles plague country urban planning

2010-10-04: According to the 2001 census, Nepal was one of the least urbanized countries with only 14 percent of the total population (23 million) living in urban areas.[..]

Planning Standards guidelines Kathmandu Valley Town Development Committee(KVTDC)

2010-06-04: Planning standards to be followed as directed by KVTDC: 1. The road joining the planning areas should be 7 meters wide.[..]

Housing Sector Reels under NRB whammy

2010-04-04: Undoubtedly, the demand for housing has shot up but with the Nepal Rastra Bank (the central bank) directive, the housing industry is being pushed backwards. This may impact the overall progress of the nation.[..]

Major provisions on Apartment Housing Ownership Act – 2054

2010-04-02: An individual, organization or a company who wants to construct an Apartment Housing should write an application along with the proposed map, structural design, land ownership certificate, distribution procedure of the apartment units etc. [..]

NRNs start getting ID cards

2010-02-15: The government on Monday started issuing identity cards to non-resident Nepalis (NRNs). The move will enable NRNs to own a limited amount of property in Nepal and enter their former motherland without visa.[..]

Govt opens realty market to NRNs

2009-08-11: The government has decided to allow non-resident Nepalis (NRNs) to own as much as two ropani (0.25 acre) of land and housing in Kathmandu Valley - a move which land and housing developers said will give a new boost to the sliding realty business.[..]

No VAT for apartments and housing

2009-07-15: The ministry has informed that capital gains tax imposed on land transactions has multiple rates. It is 10 percent in case the land is sold within five years of possession and five percent if the duration of landholding exceeds five years.[..]

Managing Farm Land

0000-00-00: The land must be classified into different categories, and permission for housing development or building houses should be given only on areas where the land is less productive.[..]