The liquidity crisis in the banks and financial institutions has continued. Despite the lack of liquidity in banks and financial institutions, the real estate business has not been affected.
If we look at the details of last February, it is seen that there is a liquidity crisis in banks and financial institutions.
Although the Nepal Rastra Bank (NRB) has tightened its grip on real estate transactions through the mid-year review of the current fiscal year’s monetary policy, it has not been found to be so. According to the Department of Land Management and Records, 74,036 instruments have been passed in March alone.
The number of such houses and lands alone has increased to five thousand nine. According to the department, there are four thousand 539 on the amendment side, two thousand 693 on the former side, 36 thousand 572 on the real estate to block and 24 thousand 749 to release.
