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kathmandu real estate question
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hakim_saab
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I have some real estate in Kathmandu's Putalisadak/Dhobidhara area which I'm looking to sell. With the world economy slowing down, I fear that the real estate bubble in Kathmandu might burst too and property prices might plummet. My parents are reluctant to sell it just yet because according to them prices in Kathmandu, especially in our area will never go down and always be on the rise. I was wondering if this would be a good time to sell or I should wait and let it ride.

mno
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KTM is New york of Nepal. No land left. So price won't drop.


USA has plenty of land that it has capacity to bulid one house for one person. Still there will be land left.

hakim_saab
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Yeah, but prices in big Indian cities have been dropping of late. What do you think of that?

http://www.nuwireinvestor.com/articles/india-and-china-housing-markets-on-the-bubble-51539.aspx

Another question. Is it good to sell in the putalisadak/dhobidhara area and buy in the ringroad area, since those parts might see a higher price increase?

Thanks
thaha
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Good to invest now because by 2013 Melamchi will come, we won't able to buy an Anna at that time with the money to afford 4 aana now.
Last edited: 24-Feb-09 10:06 PM
Last edited: 24-Feb-09 10:08 PM
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