Repeated housing policy

Stating that there is a big difference between the government valuation of real estate and the actual transaction, the businessmen have been demanding uniformity. It is also mentioned in the policies and programs of the next financial year that legal and structural reforms will be made to make the evaluation system scientific.

Bhesraj Lohani, the president of Nepal Real Estate and Housing Development Federation, said that there is a lot of difference between the government valuation and the transaction price in the market and uniformity should be brought. It is mentioned in the policy and program that legal and structural reforms will be made to manage the real estate business. Earlier, in every policy and program, real estate transactions were mentioned only through companies. However, it has not yet been implemented.

According to Lohani, the president of the Federation, a concept similar to the stock market should be introduced to make real estate transactions transparent. "The government has changed the wording and brought the same policy as before," he said, "to make real estate transactions transparent, the same concept as the stock market should be introduced. This is also our demand." It will be arranged. "Map work will be made more systematic and technical, dynamic datum will be defined and map work will be made realistic," it is said in the policy and program, "the network of control base points based on satellite technology will be expanded, and the record will be updated with modern technology."

According to the government, the implementation capacity of the provincial and local levels will be increased by preparing a three-level land use plan based on the nature, form and potential of the land. According to the government, arrangements will be made through the land office of the respective district on the recommendation of the local level to list the private land available to government agencies free of charge.

President Paudel said that policy arrangements will be made to enable the private sector to conduct land development programs. Lohani, the president of the federation, says that previously there was a provision to develop the land by buying the land by oneself or by making an agreement with the person.