From what i heard...there has been almost close to no transactions in Land in KTM. The inner city land has not lost much value but the outer land prices has slumped almost 50%, by this i do not mean that lots of land is being sold at 50% discount. The desperate ones have sold their land at 50% discount.

Do not expect this to be the market trend as most people in Nepal buy land with Hard Cash and are willing to wait forever for the prices to come back. They do not sell till they really need to sell it. Its hard to catch the bottom as it is equally hard to sell it at the top. I think its a good time to start looking and if you find one of those desperate sellers you could nab a good value.

Remember, land price isn KTM goes up not because of economy, it goes up because of Demand and limited supply. Its a Nepali Dream to won 4 Ana in the valley. There arent enough 4 Anas for each and every Nepali who can afford it.