Friday, January 11, 2013

Review of upcoming Apartments & Housing in Kathmandu

Developer Location Projects Price Max
Civil Homes Dhapakhel Civil Homes Phase 4 10000000 20000000
Civil Homes Dhapakhel civil Block B Apartment 2700000
Mercury Apartment Pvt Ltd Sanepa Sterling Patan 16000000 36000000
Ambe Housing pvt Ltd Chabhel Ambe Residency 7000000 10000000
Ambe Housing Pvt Ltd Kuleshwor Metro Apartment 7000000 9000000
 Clean Developers Pvt Ltd Bishalnagar Central Park 10000000 45000000
Imperial Developer Sanepa Imperial Court 15000000 50000000
Shangrila Housing Pvt Ltd Pepsicola Suncity Apartment 3200000 5400000
Oriental Builder & Developers Pvt ltd Sanepa Sanepa Heights 2700000 9500000
CG Developers Hatigouda CG Hills 13000000 26000000
CG Developers Harishiddhi Mount View Residency 7100000 20000000
CG Properties Hattiwan Cityscape Aprtment 2500000 14000000
Greenhil City Pvt Ltd Mulpani Greenhill City 5400000
Sunrise Developers Pvt Ltd Nakhu Sunrise Aprtment 2300000 7700000
CE Construction Tokha Harmony Housing 4500000 10000000
CE Construction Bijeshwori Retreat Apartment 7500000 17500000
CE Construction Dhapasi Cluster Housing 13000000 16000000
CD Developers Tokha Venus Residency 7100000 12000000
CD Developers  Tokha Grande Villa 6000000
CD Developers Tokha Grande Towers 4500000 30000000
Brihat Investment Pvt Ltd Sitapaila Brihat Samudaiyik Awas 7000000 16000000
CM Developers Bhaisipati Binayak colony 10000000 23000000
Westar properties Pvt Ltd Balkumari Westar Residency 6000000 15000000
Royal orchid Developers Hattiwan Mero City 1300000 4700000
Bagmati Homes Pvt Ltd Balkot Rose village 16000000 19000000
Downtown Housing Sanepa City View apartment 7000000 10000000
Downtown Housing Dhapakhel Downtown Apartment


I have left out names of few of the developers and their projects as i not very sure about their current update..and some of them has been blacklisted.So the above names you can say are the few whoes projects seems to be completed in coming 2 yrs time.

If you see location  all are located in wonderful place and each place has its own benefits but to talk about cost .I think its really high.Its seems all developers intended to kill to gold egg laying hen once for all and take out all the gold egss!!!!. The price tag is too high for Nepal market and mostly the investors are only second home buyers.

If you see the housing segment some really good properties have come up in tokha and i think its worth investment.

So whats the nuclear physics in calculating investment before buying a property:
Cost for average good plot per anna=1000000/- if outside ringroad
Cost for average good plot per anna=2000000/-if inside ringroad

To built a moderate house you need 4anna
So total cost if outside ring road=40lakhs
So total cost if inside ring riad=80lakhs

Keeping a quality cost of constructing using all best available brands 3500/- per sq ft is current cost.
An average house will be of 2000sq.ft...A very Good size.

So total construction cost= 70lakhs

So a good house inside ring Road= 1crore 50lakhs max
outside ring road= 1 crore 10lakhs

Any investment i belive above this budget is mere foolishness untill you wanna make a state of art building flaunting your pride and social status.

I hope this article comes handy to youll and incase of any query mail me at: nepalpropertymarket@gmail.com

dont forget to login www.nepalpropertymarket.com from time to time to get latest update on Nepal property news.

Bye for now.
NPM

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