Unveiling the risks of Nepal’s real estate bubble and the practices that pave the way

Earlier in the year, a piece of land in Durbarmarg in Kathmandu was sold for Rs 90 million marking it as one of the highest real estate transactions globally. This trend of high-value land transactions is not confined to Kathmandu alone but extends across the entire country.

It is common knowledge that the price of real estate in Nepal is at an all-time high, particularly in Kathmandu. The reason was simple. Initially, people wanted to move to Kathmandu as it was relatively safe during the Maoist insurgency in the late 1990s and early 2000s.