Posted by: jerryswari October 29, 2017
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You guys in the US are underestimating the purchasing power of people in Nepal, especially in Kathmandu. New house construction (just material and labor) in about 4 annas of land will cost about 1 caror rupees (10 Million Rupees or roughly about USD 100,000). Just look at some of the house buy/sell Facebook pages or real estate websites of Nepal, house prices in 4 annas of land cost in excess of 2 caror rupees (USD 200,000).
Whether you like living in Kathmandu or not, it is the current reality of Nepal (Kathmandu). Despite the inflation, land transactions are ongoing and new houses are being built in Kathmandu. Just FYI, these days you can find branded Italian or American bathroom accessories in hardware stores in Kathmandu. There are companies that model kitchen that would challenge any kitchen in the the US (You just need to be able to pay).
Whether you like living in Kathmandu or not, it is the current reality of Nepal (Kathmandu). Despite the inflation, land transactions are ongoing and new houses are being built in Kathmandu. Just FYI, these days you can find branded Italian or American bathroom accessories in hardware stores in Kathmandu. There are companies that model kitchen that would challenge any kitchen in the the US (You just need to be able to pay).