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Happy New Year 2071

Janata Residency Apartments from Kanchanjunga Housing

Kanchanjunga Housing has opened booking for apartments at its Bhainsepati-based project -- Janata Residency.The company has opened bookings for 190 apartments located in 10 buildings spread over 12 ropanis.The apartments ranges from Rs 3.3 million to Rs 5.9 million.

About Janata Residency
After constructing building of Trade Tower, Nepal, Thapathali, Kanchanjungha Housing Ltd in collaboration with G.T.M Pvt Ltd. is selling 190 apartments built in five storeys 10 separate buildings, linked to the main road adjacent to the radio Nepal tower at Bhaisepati, Lalitpur. Get the benefits of modern apartments at reasonable price.

The residence area is linked to the main road and has proper management of parking, water and drainage system. The area will be equipped with solar system to counter load shedding problem. Everyone is encouraged to book the flats as per the policy of the company to hand over the ready and operational flats with the demand by the customers.

The residence project lies within the area of 12 ropanis. 10 five storeys buildings have been built in the project. Among these buildings, block E has 10 and rests of the 9 blocks have 20 apartments each making it 190 apartments in total. There are 160 apartments with two bedrooms (598 square feet), 10 with three bedrooms (833 sq feet) and 20 with larger size bedrooms (1198 sq. feet). The area has parking lot facility for 100 motor cars and 150 motorcycles.

Link:
http://www.housingnepal.com/news/booking_open_offer/janata-residency-from-kanchanjunga-housing

Vinayak Colony Bhaisepati

Vinayak Colony showcases highly functional residences influenced by the minimalist western architecture giving them a suave contemporary look while the design itself is attuned to the local context. The colony offers a range of independent houses modifiable to reflect one’s individuality. Add to these beautifully crafted homes, amenities such as security, infrastructure, community facilities and a congenial atmosphere, and what you get is place that you can truly call your home!

More details on:
http://www.housingnepal.com/project/detail/vinayak-colony

Grande Villa Housing, Gongobu

Grande Villa is Nepal's one of the largest housing project which is located at Gongabu, just 2 km. from Samakhusi Chowk. The developers of this housing project is CD Developers. The starting price of homes ranges from Rs. 60 lakhs onwards. more details on: http://www.housingnepal.com/project/detail/grande-villa

Realty Expo-2011 to kick off Aug 25

KATHMANDU, JUN 02 -
Nepal Land and Housing Developers’ Association (NLHDA) is organising ‘Real Estate Expo-2011’ from August 25 to 28 in the Capital. This is the second time that NLHDA is holding such an expo in the country.

The four-day expo is aimed at disseminating information about the realty sector and latest developments. Min Man Shrestha, general secretary of NLHDA, said the exhibition will also incorporate displays from utility sectors including paint, electricity and interior decoration.

With the housing sector experiencing a slowdown, the expo is expected to provide new impetus to the sector. Leading developers will be launching launch new housing and apartment projects in the expo. “The expo is also offering apartments targeting middle class families,” said Shrestha.

NLHDA says the expo will feature 200 stalls from housing developers, banks, construction material companies, interior designing and electrical equipments. It will also provide consultancy service to help customers receive bank loans. “We are expecting more than 50,000 visitors,” said Ichha Raj Tamang, president of NLHDA.

NLHDA is also planning to take the expo to Nepali Diasporas living abroad. It will coordinate with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Non Resident Nepali Association for the purpose.

Of late, the housing sector is going to a rough weather due to regulatory and non-regulatory reasons. Government provisions such as income source disclosure and capital gain tax has hit the business, while protracted liquidity crunch in banking system has made availability of resources hard.

Even though the Supreme Court recently quashed the government’s decision that had made it mandatory for realty developers and individuals to carry out realty transactions worth more than Rs 5 million through bank cheques, housing developers say gloom in the market has not been eliminated.

Many developers are waiting for the next fiscal year’s budget with a hope that the government would address their woes.

source: The Kathmandu Post

Booking of Bajra Shangrila Apartments opened at NLIC Kamalpokhari

Bajra Shangrila Residency has opened booking for its under-construction Apartments at sanepal from this friday. The booking will be opened at NLIC City Centre, Kamalpokhari on friday and Saturday. 90% of this under-construction apartment in Sanepa has east-south face.

The company claims that the apartment has 75% open space and is equipped with facilities like shopping centre,yoga & meditation centre, temples. The apartmnet is in convenient location with easy access to banks, offices, clinics etc.