Real estate transactions and revenue have decreased in Falgun of the current fiscal year. The Department of Land Management and Records has stated that revenue in Falgun decreased by 17.17 percent compared to Magh. While Rs 5.99 billion was collected from real estate transactions in Magh, the department has data showing that Rs 4.14 billion was collected in Falgun. 

The overall number of real estate transactions and the approval of transaction documents have also decreased in Falgun. While 153,920 real estate transactions were conducted in Magh, only 111,494 were conducted in Falgun.

The department's data shows that not only the overall number of real estate transactions but also the number of new house purchases and sales have decreased. Only 36,471 new house purchases and sales were made in Falgun. While 50,837 new house purchases and sales were made in Magh.

With the promulgation of the Land Use Regulations, 2079 BS, land plots are being closed and opened in the country. According to the regulations, municipalities across the country must classify the land under their jurisdiction into 10 areas, including agriculture and commercial. But when municipalities do not classify, the land division is being stopped and reopened. 

The government has already amended the regulations three times and opened the land division. Since Shrawan of the current fiscal year, land division was stopped in 500 municipalities due to non-classification by municipalities. Businessmen had been saying that real estate transactions had decreased due to the halt in land division. At the end of last Kartik, the government amended the Land Use Regulations, 2082 and opened the land division.

Since the municipalities did not classify on time, the government has already amended the Land Use Regulations, 2079 for the third time in last Kartik. Land administration work, including land division, had been stopped in 620 municipalities since the beginning of Bhadra, 2081. At that time, only 133 municipalities had completely classified their land. Immediately after, on 27 Bhadra 2081, the Land Use Regulations, 2079 were amended for the second time, giving municipalities until 2082 Asar to classify land. By 2082 Asar, only 253 municipalities had completed the classification, while the division of plots was stopped in 500 municipalities.

When the regulations were issued in Jestha 2079, there was a provision to designate agricultural areas by opening four forts within 6 months. By Mangsir 2079, only a few municipalities had allocated agricultural areas. After that, the land had to be classified into all 10 areas. However, since most municipalities did not classify, the regulations were amended on 32 Shrawan 2080 and a provision was made to designate agricultural areas by opening four forts within a year. Four years after the government issued the Land Use Regulations, only 338 municipalities have classified real estate as of last Magh. According to the Ministry of Land Management, Cooperatives and Poverty Alleviation, only 44.89 percent of the total 753 municipalities have classified real estate with plot-wise details. 

According to the ministry, 47 municipalities have not yet started classification. A total of 164 municipalities are preparing the basis and criteria and updating the maps and preparing the plot-wise details. 138 municipalities are preparing the basis and criteria and updating the maps. 51 municipalities are preparing the basis and criteria and 15 municipalities have only allocated agricultural areas.

The Gen-G demonstration took place last Bhadra. Businessmen have been saying that real estate transactions and revenue have decreased due to the closure of plot-cutting in most municipalities and damage to the Land Revenue and Land Reform Office due to the Gen-G demonstration. Compared to Shrawan and Bhadra of the current fiscal year, revenue decreased in Asor and Kartik. Revenue was 3.28 billion rupees in Shrawan, 3.10 billion in Bhadra, 2.75 billion in Asoj and 2.74 billion in Kartik. According to the department, revenue was 4.84 billion rupees in Mangsir. Revenue increased in Poush. While revenue of Rs 5.17 billion was collected in Poush, only Rs 5 billion was collected in Magh and Rs 4.14 billion in Falgun.