Posted by: sherlock February 17, 2013
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1 crore will hardly suffice to buy you 4 aana of land in prime locations like Sanepa, Pulchowk, Baneswore etc where an aana will easily cost you 35-55. But you should be able to find decent properly in suburb areans like Sunakothi (1 km up from Dholahity,3-4 outside Ring Road), Kirtipur or outside Balaju.
Since land's availability is limited, there's no way Kathmandu's real estate market will continue crashing. If I had money and were looking to buy land and property, I'd think this is the right time. And I don't agree to the notion that buying land/building in Kathmandu is a bad investment. It'll definitely pick up (due to limited availability). Think of overgrowing population.
That said, personally, I wouldn't wanna live in Kathmandu. It is overcrowded, polluted and extremely undesirable venue to live. Pokhara would probably be my priority.
Since land's availability is limited, there's no way Kathmandu's real estate market will continue crashing. If I had money and were looking to buy land and property, I'd think this is the right time. And I don't agree to the notion that buying land/building in Kathmandu is a bad investment. It'll definitely pick up (due to limited availability). Think of overgrowing population.
That said, personally, I wouldn't wanna live in Kathmandu. It is overcrowded, polluted and extremely undesirable venue to live. Pokhara would probably be my priority.