The real estate market, which had slowed significantly due to the Gen Z movement, has experienced a sharp rise with the beginning of Mangsir (mid-November to mid-December).
According to the Department of Land Management Archive (DoLMA) under the Ministry of Land Management, Cooperatives and Poverty Alleviation (MoLCPA), real estate transactions from Mangsir 1 to 15 increased by an impressive 301 percent compared to Kartik (mid-October to mid-November) 1 to 15.
“Analyzing data from 135 land revenue offices nationwide, there were 20,539 transactions from Kartik 1 to 15. This number surged to 82,427 from Mangsir 1 to 15,” said Balaram Kafle, Computer Officer at DoLMA. “This represents a remarkable 301 percent increase.”
DoLMA publishes monthly real estate transaction statistics on its website. Records show that compared to Shrawan (mid-July to mid-August) 1–15, transactions in Bhadra (mid-August to mid-September) 1–15 increased by 16 percent. However, compared to Bhadra, Ashoj (mid-September to mid-October) 1–15 saw a 40 percent decline, and Kartik 1–15 showed a further 37 percent drop. “Transactions surged dramatically with the arrival of Mangsir,” Kafle added.
This resurgence has lifted confidence among real estate–related businesses and boosted government revenue. While transactions in Shrawan—the first month of FY 2082/83—were disappointing, Bhadra saw slight improvement, but Ashoj and Kartik failed to show meaningful recovery.
The MoLCPA reported that during the Gen Z movement, 22 land revenue offices and 14 survey offices were targeted with arson and vandalism. Five land revenue offices were completely damaged and 17 partially damaged, while eight survey offices were fully damaged and six partially. All affected offices have now resumed services.
DoLMA data also indicates that real estate transactions declined this fiscal year compared to the same period of FY 2080/81. Nationwide, 127,206 transactions took place in Shrawan of the previous fiscal year, while only 104,218 were recorded in Shrawan this year—a 20 percent decrease.
Around 500 local governments have yet to classify land within their jurisdictions, resulting in strict regulations for plot registration in those areas.
Despite these challenges, the significant rise in Mangsir transactions is viewed as a positive signal. Delays in loan processing during Shrawan, disruptions caused by the Gen Z movement in Bhadra, and public holidays in Ashoj and Kartik had slowed transactions earlier.
According to DoLMA, there are currently 4,483,531 female landowners in Nepal, representing 39 percent of all landowners. In urban areas, women own nearly 50 percent of land. In FY 2080/81, land transactions were nearly equal between men and women, with 402,241 women and 403,451 men involved.
Nepal has a total of 32,847,632 land plots, of which 22,024,170 are registered under men and 9,761,795 under women.
