Real esatte price has already gone down. it wont go down any further. Thats right. There aint enough land in kathmandu. Most of the workers from Arab countries are trying hard to buy 4 Anna lands in kathmandu. There are not big buyers, but small ones. but bunch of small ones make up big.

What I see now is opportunity to buy 1-2 bedroom apartment in gated community. You cant go wrong for $40-$45k for 2bedroom apartment. These apartments are really well built with amazing facilities. I know the similar one goes for $400k-$500k in San Fran, boston, New York.

Nobody is investing because there is no stable government. I think everyone is waiting for govt to stabilize and then everything will go up. it does not take long for economy to shoot up.

you gotta see what is happening in Nepal. Just only at the airport, there aint enough parking space for big international planes. I saw there at least 10 planes from A330, B-777 to small ones while I was flying to Delhi.

talking to few friends who are in tourism business, they are saying they cant find hotels, flights, etc. Lots of folks are really excited and positive.

Things are happening back home. There are more opportunities since it is just opening and is in the process of decentralizing.

Govt getting $5-$6billion of remittance annually is no joke. I heard Rastra bank sells US$ to buy Indian Rupees. it seems funny but true.
I think real estate opportunities are still there for those who have cash.

For those who survived the crash, hang in there. better days are ahead. hopefully in 2013.

Happy New year.