Extension of application deadline for companies dealing in real estate
-
Media Baaji
- Mon, 1 December 2025
Kathmandu. The Department of Land Management and Records has extended the deadline for applications for firms, companies or organizations that want to get a license to deal with real estate. The department has extended the deadline so that the application can be submitted till 27th of November. Earlier, the department published a notice on October 13 and made a public call for applications. According to the provisions of the Property Act, 2034, which requires a license to conduct real estate transactions, the government published a notice in the gazette and specified the area of operation for companies dealing in real estate. In the first phase, the department had defined the metropolitan and sub-metropolitan cities as the working area.
An arrangement was made that interested firms, companies or organizations that have a turnover of more than three crore rupees at a time can apply. It is said that the business is going to be organized with the aim of making the real estate business transparent, dignified and scientific.
The department said that the application deadline has been extended with effect from last Friday. In the first phase, the department has advanced the process of company registration with the aim of organizing real estate transactions in six metropolitan cities and 11 sub-metropolitan cities. According to the notification published earlier, due to the low number of applications, the deadline has been extended.
Express
Related News
NEPSE rose by 9.93 points, 7.5 billion shares traded
Kathmandu. On the third trading day of the week, NEPSE index increased by 9.93 points to 2649.30 points. Today, when 1 crore 48 lakh shares of 334 companies were bought and sold, there was a turnover of more than 7 billion 12 crore rupees. Among t...
NEPSE increased by 5 percent, turnover of 15.78 billion
Kathmandu. Nepal Stock Exchange NEPSE increased by 5.01 points to 2936.56 points. Today, when 38 million 73 thousand shares of 342 companies were bought and sold, a turnover of 15.78 billion was made.
Greenery has come in 7 sub-indicators to...
Decision to blacklist 9 construction companies including Kancharam
Kathmandu. The Public Procurement Monitoring Office has decided to blacklist 9 builders and suppliers including Kancharam Construction Company Pvt Ltd. The office under the office of the Prime Minister and the Council of Ministers informed through...
Discounted air fare for workers going to Gulf countries
Kathmandu. Nepal Airlines Corporation has implemented new fares with special discounts for Nepali workers going to Gulf countries. The corporation issued a statement today and decided to give a 10 percent special disco...
27.93 billion revenue collection by Bagmati state government
Kathmandu. The Bagmati state government has collected 41.40 percent of the annual target in the nine months of the current financial year, i.e. 27 billion 933 million two thousand rupees. Real estate registration, property tax and vehicle tax are...
Nepal Rastra Bank is collecting one trillion deposits today, and the interest rate will be decided by negotiation
Kathmandu. Nepal Rastra Bank is going to collect deposits worth one trillion rupees today to manage excessive liquidity in the financial system. The Monetary Management Department of the Central Bank has issued a notification calling for the colle...