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romanrana54
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Posted on 01-08-10 7:01
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Hi guys, can anybody help me about buying the land in Kathmandu? Now the price is so high, so you think it is better to buy now or better to wait for next year? I would really appreaciate for your advice. Thanks, Roman
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newStudent
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Posted on 02-17-11 5:46
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Guys,
You all are so optimistic. I hope you guys are buyers of lands, and not sellers trying to create some noises and find some gullible dude with 1 karod in his pocket:) A few notes:
1. Finance's primal mantra: never try to catch a falling knife. If price is falling, the best strategy is to let it fall until it starts bouncing back. So, I won't advise anyone to purchase unless there are clear signs that the market has recovered and prices are going up. If I want to make a significant investment, I want it to be on a rising assets, not on falling assets.
2. Yes, land price is a nice investment. 20 years down the road, the land in New Road will remain valuable. The answer is how to maximize your assets? So, if I have 4 karod rupees now, should I put it in the bank, let it grow 15% per year and see it be 8 karod in five years, or purchase land, live in fear of whether it will be 3 karod or 5 karod next year. If I have 1 karod rupees, I would rather let it be in bank, and use the interest I earn from it to sleep in Soaltee Hotel when I am in KTM, rather than buy a lousy house in Dhumbarahi and fight with student renters for rent every month.
3. Third, and this is the key, house price and house rent have moved together. No one will buy a house for 1 karod, if the rent he gets from it is less than 20 thousand per month. Either interest rate has to go down for houses to look attractive again, or rent has to go up.
People in the past bought a house in KTM not merely because it accords some sort of status symbol to the owner. May be ,but status symbol also came from the fact that it was a good investment. Five years ago, you could buy a house for 30 lakh, and it could give you rent that would be about what the bank would give you. So, people felt it was a good investment. Several out of KTM people have bought houses in KTM that they had no interest in living in. Most of our neighbors in Kalanki are actually never there.
4. Who knows about the true demand/supply situation in five years? It seems to me most of the KTM people have their kids in the states or UK or Australia now. May be they want to sell these houses and settle abroad. May be Lahures will say fu(k off to the godforshaken, loadshedding laden land [:)] and move to UK. May be the Maoists come to power, and decide in a whim to move the capital to Chitwan. I have heard big jagga dalas of Chitwan are Maoists, and so they stand to gain a lot even if they merely attempt it. May be govt invests 50 billion rupees in constructing express highways from Pokhara, Narayanghat to KTM and a lot of people feel they can commute from Dhading or other regions to KTM and don't need to live in the capital. May be big land holders of KTM just can't hold it anymore and want to sell it and the market is flooded with land. May be land around char bhanjyang is developed and a steady supply of land is assured as the city grows horizontally. May be housing market is given a push and city grows verticially and people prefer to buy cheap apartments only. May be people think KTM is becoming a sick city, with its dust and what not. May be people's preference change. May be the govt decides to shift some of its major ministries to Pokhara and Dhulikhel. May be universities and colleges inside KTM want to sell their property and relocated somewhere outside.There are many unforeseen reasons that can cause supply of houses/land to surpass its demand and drive the house prices down.
Last edited: 17-Feb-11 05:51 PM
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BetterNepal
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Posted on 05-03-11 4:16
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I will make you an offer (best offer );
4 anna in jorpati - give m 9 per anna .
message me if you are intrested .
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aman
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Posted on 05-03-11 10:08
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Katmandu is dead city to live.
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sandi
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Posted on 05-26-11 7:20
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do u still need? if yes mention in which area and how much do u want to pay?
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hary37
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Posted on 01-12-12 8:03
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जग्गा किन्ने समय यो ठिक छ यदि सहयोग चाहिन्छ भने म सहयोग गर्न तयार छु।
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IT_Guy
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Posted on 01-12-12 11:51
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Do u really think its right time to buy ? People are saying the price will go more down. What do u think ?
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BannedUser
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Posted on 01-12-12 12:07
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If you can afford it, yes it is the right time. The price of the land won't come down (much similar w/ the case of gold)
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hary37
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Posted on 01-13-12 8:15
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अब यो भन्दा तल जग्गाको मुल्य घट्दैन। बैन्कले ब्याजको दर घटाउने भयको छ अनि बैन्कको तरलतामा पनि सुधार भै EXCESS LIQUIDITY तरलता बडेको छ। त्यसैले अब जग्गा किन्दा हुन्छ। I will help you if you want.
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anon
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Posted on 01-13-12 1:24
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Hary bro if you are so sure its not going down, why do you want to sell it. As for me, I still believe land price in nepal is unsustainable at these high prices.
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mani-rai
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Posted on 11-22-16 2:53
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Just try to settle in abroad man... These dalals has heavily overpriced kathmandu's lands... At least 50K per anna as commission for just showing a land and for communication... Are you fucking kidding me? Are you going to give those bastards this sum of money... In my case, it doesn't worth my labor. Just try to settle in abroad, you will get much more... If settling in abroad's not you case, then just fucking buy a huge home. Rent it and take out some money.. But never dream of living in a beautiful home with beautiful society... That's not gonna happen... For people of Nepal, I see money's everything... If you settle in abroad, you will get respect even if you don't have any money..
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thankeshwor
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Posted on 09-21-20 12:50
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भाया, १० बरस पहिले ( २०१० ) मे लालाजीले भैसापाटि मे ७७ लाख/रोपनी किनेको जागा २०२० मे ६ करोड/रोपनी मे बेच्नु भयो ।
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Hanuman1
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Posted on 09-21-20 3:48
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I am selling .anybody wants to buy??
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money2go
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Posted on 09-21-20 10:46
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Where is your land hanuman1? and what's your asking price? If you have money, this is the time to buy. I just skimmed through the posts and I can't believe there were people suggesting that one shouldn't purchase real estate during economic downturn haha.
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