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.
Related News
Federation President Dhakal's request to take action against those who vandalized and looted during the Genji movement
Kathmandu. Chandra Prasad Dhakal, President of Federation of Nepal Chamber of Commerce and Industry, has said that the Federation is working hard to solve the problems of entrepreneurs, businessmen and the economy. Add...
NEPSE rose, the index to 2,597 points as share prices of 121 companies increased
Kathmandu. On Thursday, the last trading day of the current financial year, the Nepal Stock Exchange NEPSE index has closed with an increase of normal points. The market, which has been fluctuating throughout the day, improved at the end of tradin...
Foreign Currency Exchange Rate: US Dollar crossed Rs.152
Kathmandu. Nepal Rastra Bank has announced the exchange rate of foreign currencies for Monday. According to the new rate fixed by the Central Bank, the price of US dollar has increased and the buying rate of one US dollar has reached 152 rupees 23...
NEPSE fell by 10.25 points, trading fell to 8 billion 61 crores
Kathmandu. On the third trading day of the week, NEPSE index decreased by 10.25 points to 2662.14. Today, 21.17 million 15 thousand 868 shares of 324 companies were bought and sold, and 8.61 billion 64 million shares were traded. Today, while the...
New interest rate announced for the month of March, what is the interest rate of which bank?
Kathmandu. Commercial banks have announced the new interest rates applicable for the month of March. According to the public rate, the maximum average interest rate of individual term deposits has decreased slightly compared to February. The maxim...
Gold and silver prices are at an all-time high
Kathmandu. On Monday, the price of both gold and silver was the highest ever. The Nepal Gold and Silver Business Federation has fixed the price of gold at 261,700 rupees per tola on this day. Which price is 3 thousand 400 rupees more than the prev...