In June, the last month of the financial year 2081/82, the government has collected 6.5 billion rupees in revenue from real estate sales alone. Which is the highest amount since the last two financial years. According to the data of Land Management and Records Department, revenue has increased to a maximum of 5 billion rupees in a single month since the financial year 2079/80.

 But in June of the financial year 2081/82, there is a data of the department that revenue of 6 billion 55 million 17 lakh rupees has been raised. However, compared to the last May, the passage of business documents has decreased in June.

Khimanand Acharya, Information Officer of the Land Management and Records Department, says that the revenue has increased due to the sale and purchase of expensive houses and apartments. "Business increased in urban areas but decreased in hilly areas," he said. This is the highest compared to the last three years.''

In the financial year 2081/82, the revenue of the department is 49 billion 459 million rupees from real estate business. The highest revenue is Rs 6.5 billion in June. According to the department, the lowest revenue was Rs 2,704,000,000 in October.

According to the data of the department, there was a turnover of 3 billion 835 million in July, 3 billion 92 million in August, 3 billion 812 million in October, 3 billion 87 million 48 million in November, 4 billion 25 million in January, 3 billion 87 million in January, 4 billion 12 million in February and 4 billion 39 million 46 million in March. 4 billion 54 crores in Baisakh and 4 billion 72 crores in May.

In June, along with the revenue, the total number of tickets and the number of tickets passed increased. But the total turnover has decreased in June compared to May, according to the data of the department. According to the department, the number of documents for real estate transactions increased in June along with the total transactions.

55 thousand 524 new houses have been bought and sold in June alone. Last May, 56 thousand 10 new houses were bought and sold. According to the data of the department, there were a total of 144 thousand 60 transactions in Baisakh and 147 thousand 416 transactions in Chait. The department said that there were 156 thousand 752 transactions in May, but only 154 thousand 720 transactions in June. 

According to the department, in June of the financial year 2081/82, the highest number of 69 thousand 791 letters were passed. Last March, 54 thousand 279 times, 57 thousand 928 times in Baisakh and 64 thousand 687 times in May were passed. Passing of the document means that the transaction or quota is new only in the same month. In the overall transaction and stock exchange, there are name changes, revisions, past dues, land distribution etc.

Since August 2081, due to non-classification of land, allotments were stopped in 620 municipalities across the country. On August 24, 2081, after Kittakat was stopped, the Council of Ministers meeting amended the Land Use (Second Amendment) Regulations, 2079 and stipulated that four forts should be designated as open agricultural areas at the local level by the end of June 2082.

The department has informed that some municipalities have been stopped by the end of the current financial year. "In unclassified municipalities, the work related to land administration including land clearing has been stopped since the beginning of July," Acharya said, "The data on which and how many municipalities have been stopped is yet to come." Due to this policy, from July of the same year, the overall real estate business started to decrease. The businessmen were saying that the real estate business could not increase due to lack of distribution.

After the municipality delayed separating agriculture and non-agriculture, Kittakat was at a standstill since November 2079. Recently, the government has amended the regulations and provided that residential and commercial land can be allotted up to 80 square meters in area.

Earlier, residential land less than 130 square meters could be allotted. It has been arranged that 80 square meters of land can be allotted to those who have received planning approval and 130 square meters to those who have not. Previously, there was a provision that both those who took the planning permission and those who did not were allowed to plot in an area of less than 130 square meters.

department has been collecting revenue under the headings of service tax, registration fee, additional fee, door facility, capital gains tax, delay fee, city infrastructure development fee, chief minister cleanliness campaign fund fee, Narayani and Rapti civilization. According to the department, only the revenue raised from the capital gains tax will go to the account of the union government.

Through the monetary policy of the current financial year, Nepal Rastra Bank has raised the limit of loans for construction and purchase of private residential houses to 3 crore rupees. Earlier, the limit for such loans was Rs 2 crore. The National Bank has stated that the maximum loan-to-value ratio for the construction and purchase of the first house will be 80 percent.

Earlier the loan-to-value ratio was 60 percent. Rashtra Bank says that in case of other real estate loans, arrangements will be made to maintain a maximum of 70 percent. Businessmen say that in case of other real estate loans, the loan-to-value ratio was only 50 percent.