Nepal generated Rs 26.96 billion in revenue from property transactions during the first seven months (Shrawan–Magh) of fiscal year 2082/83. According to the Department of Land Management and Records, this marks an increase of Rs 2.25 billion, or 9.12%, compared to Rs 24.71 billion collected during the same period last year. Revenue collection was highest in Poush, reaching Rs 5.17 billion, alongside the peak monthly transaction volume of 140,000 deals. In total, 856,000 property transactions were recorded over seven months — 10,349 more than the previous year — indicating steady expansion in the real estate sector and related revenue generation.
Discussion about this post