Real estate sector tops informal transactions in Nepal

KATHMANDU, Jan 26: Most of the transactions in the real estate sector are found to be informal transactions. According to the data released by the Central Department of Economics of Tribhuvan University (TU), the real estate sector has the highest share of the informal sector economy among the sectoral averages.

सम्बन्धित सामग्री

Real estate sector tops informal transactions in Nepal

KATHMANDU, Jan 26: Most of the transactions in the real estate sector are found to be informal transactions. According to the data released by the Central Department of Economics of Tribhuvan University (TU), the real estate sector has the highest share of the informal sector economy among the sectoral averages.

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.