Dear Friends,

I am honored to address you as the President of the Nepal Land and Housing Developers’ Federation. Our Federation plays a pivotal role in shaping the real estate landscape of Nepal, and I want to shed light on three crucial aspects: our importance, realtors’ concerns, and government policies.

First and foremost, the Federation acts as a unifying force for all real estate developers in Nepal. We foster collaboration, share best practices, and work towards a sustainable and inclusive real estate sector. This unity is vital for ensuring quality construction, ethical business practices, and fair pricing.

Secondly, we are acutely aware of the concerns that the realtors in Nepal face daily. These concerns encompass a multitude of challenges, including cumbersome bureaucratic procedures, high interest rates, low loan-to-value ratios within the real estate sector, and the volatility of market conditions. Our unwavering commitment is to advocate for policy reforms that streamline processes, introduce a more transparent land market system, remove land ceiling limitations, increase loan-to-value ratios, alleviate financial burdens, attract more investors to the real estate sector, involve realtors in land and house pooling projects, discourage owner-built system and ultimately establish a more stable market environment that benefits both developers and consumers.

Lastly, I wish to draw the attention of the government and other relevant authorities to the pivotal role played by the real estate sector in our nation. Government policies hold immense influence over our operations, and we eagerly look forward to forging collaborations that promote affordable housing, sustainable development, and an investor-friendly climate.

Let us unite and labor in harmony to ensure the continued growth and prosperity of Nepal’s real estate industry. By doing so, we not only support the dreams and aspirations of developers but also contribute to the overall well-being of our fellow citizens.

Together, we shall build a brighter and more prosperous future for Nepal.

Warm regards,

Bishnu Prasad Ghimire

President

Nepal Land and Housing Developers’ Federation