Housing & Construction Nepal 2024

Schedule

Fri Feb 23 2024 at 10:00 am to Sun Feb 25 2024 at 06:00 pm

UTC+05:45

Location

Bhrikutimandap Exhibition Hall | Kathmandu, BA

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Housing & Construction Nepal 2024 and Safecon 2024 have been inspired by the enormous size growth and potential of the housing construction and infrastructure sector in Nepal. At the same time there is a tremendous need for a structured marketing system such as an expo that is professional and effective in facilitating the growth of these industries in Nepal.

While there will always be fluctuations in the housing market the trend has always been bullish and is simmering towards a big boom pressured by the suppressed demand during the covid-19 pandemic period! According to the Nepal Land Housing Developers Association (NLHDA) the annual demand for houses in Nepal is 140000 units while Nepal is only able to build about 25000 units per year.

As per the 2011 census urbanization in Nepal is expanding at the rate of about 6.67 % annually and 42 % of that transformation is happening in the Kathmandu valley. A recent Central Bank of Nepal statistics shows that Kathmandu Valley’s property value has been increasing at a rate of 27.7 annually.

As per Central Bank of Nepal (2018) there has been an investment of more than NRs. 88 billion in the real estate and housing sector. Furthermore Central Bank of Nepal estimates that housing sector contributes 8 % of Nepal’s GDP. Likewise NLHDA confirms that the investment in housing accounts for 15-35 % of the country’s total investment.


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Where is it happening?

Bhrikutimandap Exhibition Hall, P829+576, Pradarshani Marg, Kathmandu 44600, Nepal, Kathmandu

Event Location & Nearby Stays:

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