Nepal’s real estate sector continues to weaken, leading to a decline in government revenue, according to the Department of Land Management and Records (DoLMR). In the first four months of FY 2025/26, collections fell from Rs 3.2891 billion in Shrawan to Rs 2.745 billion by Kartik. Despite revisions to the Land Use Regulations, revenue has not increased as authorities hoped. In Kartik, the government collected Rs 213.447 million in service tax, Rs 156.296 million in registration fees, and Rs 997.884 million from capital gains tax. The figures signal a sustained downturn in property transactions across the country.
