What’s driving up land prices along the fast track?
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A recent Nepal Rastra Bank report suggests that property price in Kathmandu Valley is increasing at the rate of 27.7 percent a year, doubling the real estate value every 3.5 years.
In fact, almost every developing area of Nepal is witnessing this phenomenon. Property-price appreciation is starker still in the Madhes province and the Tarai towns of Sudurpaschim province.