yes, it is very interesting to see the real estate price going up everyday in Kathmandu.
The recession and the employment in the west did not stop to go the price.
People used to buy stocks in Kathmandu, but now it is going down like a hell everyday.
S.Chartered Bank is down to 3200 from 8000 high, BOK is down to 800 from 2500- just as an example.
So will the house price too, but may be not so bad.
In my opinion the Real Estate boom in Kathmandu is not sustainable, of course so many Nepalis overseas would like to hold a piece of land in Kathmandu for future and the people in Kathmandu who make money from corruption will keep on buying the land, but ordinary people in Nepal will not be able to buy land in Kathmandu.
Now because of higher interest rate in the banks, banks reluctant to loan for real estate, liquidity crunch and decreasing remittance will correct the price within a year- I guess as much as half the price.
 If you own the piece of land in Kathmandu it is the best time to sell it.
One more thing- the exchange rate of Nepalese currency is not sustainable against Indian rupee- see the gold price.
If the NC is overvalued against IC, there will be a artificial shortage in Foreign Currency- that is what happening now. And any time soon the NC must be devaluated against basket of currencies.
If not clear , let me know.
Roman