Posted by: Agnibikram February 17, 2011
Buying land in kathmandu
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 You hit the nail on its head, Sidster. 

Newstudent, aren't you the same genius who said implied how a Green Card in the U.S is meaningless and how everyone living in your area ( I'm guessing Berkeley, Oakland, San Francisco ) has a GC? 

The truth to the matter is, transactions might have halted for a limited time, as it did in 2049 B.S. ( it halted for 3 years according to my parents ) but its only a matter of time before the transactions start flowing again. 

If you have money, buy land, building or whatever as people are desperately looking to sell their land and building but in 2-3 years time, you'll be repenting on what you could've achieved, had you invested in real estate instead of depositing it at a Bank. 

1 crore yielding 12 percent interest will yield about 40 lakhs in interest over the next 3 years. 

1 crore worth of land might go up to 3 crore in 3 years time and guess what, if you were to buy at an already discounted rate ( like at this very moment ), the returns will be even higher. 

And Yes, I'm working as a manager at Nabil Bank. 

Why don't you sharpen your stupid logic? "having a green card is meaningless" Idiot. 
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