Posted by: Yaaku February 17, 2013
NEED A HOUSE OR LAND IN KTM
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Nepals economy has been crazed but it is not visible because of remitance. Job situation is horrible. Literally nepals economy is based to back channel money. No infrastructure to handle growth. No project in pipe for water and electricity. One whole generation is not in country any more.

Small piece of land is being sold , which will cost under 1 korad...bigger are not cause there is no money. There aren't geninune business enough in Nepal which can buy property of even 2 ropani @ 35 lakh per ana. So all these money is basically back channeled money.

So if u wanna buy for residence ...saying I wanna have home ...go for but don't pay too much...thinking about investment ...go for little outside of valley look for future growth signal and pay moderate value. But do not buy anything like @35 per Anna any where.

I just came back frm Nepal ...I have fairly good business family background and fair amount of properties in Ktm valley . But honestly living condition in Ktm is horrible.....do not pay too much for property in Ktm right now..
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