Kathmandu, April 15 -- Between fiscal year 2020-21, the peak Covid period, and 2024-25, Nepal's real estate loans grew by 72.41 percent and residential loans by 61.55 percent. This, according to the central bank's first-ever real estate report, reflects a strong and sustained demand in the sector.

Titled Status of Real Estate Market in Nepal, the report says residential loans remained relatively stable, while real estate loans experienced short-term moderation before recovering quickly.

Government revenue from real estate peaked at Rs23.7 billion in the first quarter of 2021-22, declined sharply to Rs8.2 billion in the first quarter of 2022-23, and has since shown a modest recovery, reaching around Rs10-15 billion in the last fiscal yea...