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Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
Key regions: United States, China, Japan, Germany, United Kingdom
The Real Estate market in Nepal has been experiencing significant growth in recent years. Customer preferences have shifted towards investing in property as a long-term asset, leading to increased demand in the market. Additionally, local special circumstances and underlying macroeconomic factors have contributed to the development of the Real Estate market in Nepal. Customer preferences in the Real Estate market in Nepal have been influenced by the desire for stable and secure investments. Property is seen as a tangible asset that can provide a steady source of income through rental yields or potential capital appreciation. This trend is not unique to Nepal, as investors worldwide are seeking real estate as a safe haven for their funds. The preference for property investment is also driven by the limited options available in the financial market, where interest rates on savings accounts and other investment instruments are relatively low. As a result, individuals and businesses are turning to real estate as a viable alternative. The Real Estate market in Nepal has been witnessing several trends. One notable trend is the increasing demand for residential properties, driven by population growth and urbanization. As more people move to urban areas for better job opportunities and improved living standards, the demand for housing has surged. This has led to the construction of new residential projects and the expansion of existing ones. Additionally, there has been a growing interest in commercial properties, particularly in major cities like Kathmandu and Pokhara, as businesses seek to establish their presence in these thriving economic hubs. Local special circumstances in Nepal have also contributed to the development of the Real Estate market. The government has implemented policies and regulations to attract foreign direct investment in the real estate sector, including provisions for land acquisition and property ownership by non-residents. These measures have encouraged foreign investors to explore opportunities in the Nepalese market, leading to increased activity and investment in the sector. Furthermore, the government's focus on infrastructure development, such as the construction of highways, airports, and other transportation facilities, has created new opportunities for real estate development and investment. Underlying macroeconomic factors have played a crucial role in the growth of the Real Estate market in Nepal. The country's stable economic growth, coupled with low inflation rates and favorable interest rates, has created a conducive environment for real estate investment. Additionally, Nepal's growing middle class and rising disposable incomes have fueled the demand for housing and commercial spaces. These factors, combined with the government's efforts to promote the real estate sector, have attracted both domestic and foreign investors to the market. In conclusion, the Real Estate market in Nepal is experiencing significant growth due to customer preferences for stable investments, local special circumstances, and underlying macroeconomic factors. The demand for residential and commercial properties is on the rise, driven by population growth, urbanization, and the government's focus on infrastructure development. With favorable policies and a conducive economic environment, the real estate sector in Nepal is poised for further expansion in the coming years.
Data coverage:
Figures are based on value of residential and commercial real estate, average real estate value, residential estate transactions and leases.Modeling approach / Market size:
Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use data from international organizations and industry associations. Next we use relevant key market indicators and data from country-specific associations such as GDP, price level index, household wealth, household size, number of renter and owner households, housing consumer spending per capita. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing. The main drivers are GDP per capita, population, number of renter and owner households, price level index, housing consumer spending per capita.Additional Notes:
The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war are considered at a country-specific level.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)