Government revenue from land transactions increased by Rs 1.11 billion in the first half of the current fiscal year compared to the same period last year. The Department of Land Management and Archive reported total collections of Rs 21.954 billion from around 702,000 transactions. Although transaction volumes declined by 7,000, revenue rose following the government’s decision to ease land plotting regulations. Monthly figures show the highest collection last month at Rs 5.17 billion. According to the Nepal Land and Housing Developers’ Federation, the real estate market is recovering, though activity remains below levels seen three years ago.
