KATHMANDU-
Visitors thronged the NLHDA Kantipur Real Estate Expo at Bhrikuti Mandap on Friday, pulled by the promise of “unbelievable prices” for homes and apartments.
Most of the companies which had half a dozen personnel at their stalls on day one were forced to assign more staff on Friday due to a surge in the number of visitors. “The number of interactive visitors has gone up massively this year. This is why all the stalls are packed with enthusiasts enquiring about real estate,” said Om Rajbhandary, coordinator of the expo.
As many as 16 realty property developers, who make up 80 percent of the total in the country, have featured apartments at prices ranging from Rs 1.79 million to Rs 42 million, and stand-alone houses for Rs 4.9 million to Rs 30 million at the expo. Apart from this attractive price range, there are various extra facilities on offer.
Mero City Apartment has offered a flat discount of 10 percent on the purchase of apartments. Apartments at Mero City start from Rs 1.79 million.
Likewise, another prominent developer Brihat Investment has come up with a scheme that offers buyers of stand-alone houses a hefty cash discount or a four-wheeler equal in value. Customers buying homes costing up to Rs 10 million at the project situated at Ramkot, Sitapaila will receive a flat discount of Rs 1 million or a Tata Nano car. Likewise, those purchasing property worth Rs 1.5 million or more will receive a cash discount of Rs 1.5 million or a Hyundai Eon car and discount of Rs 2 million or a Hyundai i10 car respectively.
Another name in the domestic real estate market, Civil Homes, has also offered a flat discount of 10 percent to those making bookings or purchases during the expo. “We will offer an additional discount of 15 percent to those making full cash payment while buying,” said a Civil Homes official. She added that the company has featured stand-alone houses ranging from Rs 6.9 million to Rs 30 million and apartments in the range of Rs 4.7 million to Rs 7 million. Meanwhile, a monthly management charge of Rs 1.65 per sq ft will be levied for the various facilities available at the residential location.
Likewise, Ambe Housing, which has two apartment projects located at Chabahil and Kuleshwor, is offering a cash discount of 5 percent. Apart from this, a modular kitchen will be given away free. As for the monthly maintenance cost, the company will charge Rs 300,000 at the beginning to establish a community welfare fund which will be mobilized for all the necessities.
Westar Residency too is giving away a modular kitchen that costs Rs 200,000 to Rs 250,000. It is the only property in the country to have facilities such as cinema hall with a capacity of 100 seats, gym hall, swimming pool and restaurant, among others. “Rs 200,000 will be charged as maintenance fee,” said a company employee.
These facilities will also be available to the general people. They will be charged a certain amount which will be put into the community welfare fund. A Westar employee said that the property would be managed by a star hotel management company. Downtown Apartment has offered a modular kitchen along with exclusive pricing during the expo period, while Comfort Housing has offered a 10 percent discount on its entire product range.
Apart from attractive prices, various new initiatives at this year’s expo like Property Tour and Property Clinic have helped to pull in the crowds. “We had to arrange additional vehicles for the property tour,” Rajbhandary said.
Organised by the Nepal Land and Housing Developers’ Association and Kantipur Publications, the expo will conclude on Sunday. Tickets for the event have been priced at Rs 50. One lucky winner will get an apartment costing Rs 1.8 million at Mero City Apartment as a bumper prize through a lucky draw on Sunday.
Source: ekantipur.com, 4th May 2013
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Visitors thronged the NLHDA Kantipur Real Estate Expo at Bhrikuti Mandap on Friday, pulled by the promise of “unbelievable prices” for homes and apartments.
Most of the companies which had half a dozen personnel at their stalls on day one were forced to assign more staff on Friday due to a surge in the number of visitors. “The number of interactive visitors has gone up massively this year. This is why all the stalls are packed with enthusiasts enquiring about real estate,” said Om Rajbhandary, coordinator of the expo.
As many as 16 realty property developers, who make up 80 percent of the total in the country, have featured apartments at prices ranging from Rs 1.79 million to Rs 42 million, and stand-alone houses for Rs 4.9 million to Rs 30 million at the expo. Apart from this attractive price range, there are various extra facilities on offer.
Mero City Apartment has offered a flat discount of 10 percent on the purchase of apartments. Apartments at Mero City start from Rs 1.79 million.
Likewise, another prominent developer Brihat Investment has come up with a scheme that offers buyers of stand-alone houses a hefty cash discount or a four-wheeler equal in value. Customers buying homes costing up to Rs 10 million at the project situated at Ramkot, Sitapaila will receive a flat discount of Rs 1 million or a Tata Nano car. Likewise, those purchasing property worth Rs 1.5 million or more will receive a cash discount of Rs 1.5 million or a Hyundai Eon car and discount of Rs 2 million or a Hyundai i10 car respectively.
Another name in the domestic real estate market, Civil Homes, has also offered a flat discount of 10 percent to those making bookings or purchases during the expo. “We will offer an additional discount of 15 percent to those making full cash payment while buying,” said a Civil Homes official. She added that the company has featured stand-alone houses ranging from Rs 6.9 million to Rs 30 million and apartments in the range of Rs 4.7 million to Rs 7 million. Meanwhile, a monthly management charge of Rs 1.65 per sq ft will be levied for the various facilities available at the residential location.
Likewise, Ambe Housing, which has two apartment projects located at Chabahil and Kuleshwor, is offering a cash discount of 5 percent. Apart from this, a modular kitchen will be given away free. As for the monthly maintenance cost, the company will charge Rs 300,000 at the beginning to establish a community welfare fund which will be mobilized for all the necessities.
Westar Residency too is giving away a modular kitchen that costs Rs 200,000 to Rs 250,000. It is the only property in the country to have facilities such as cinema hall with a capacity of 100 seats, gym hall, swimming pool and restaurant, among others. “Rs 200,000 will be charged as maintenance fee,” said a company employee.
These facilities will also be available to the general people. They will be charged a certain amount which will be put into the community welfare fund. A Westar employee said that the property would be managed by a star hotel management company. Downtown Apartment has offered a modular kitchen along with exclusive pricing during the expo period, while Comfort Housing has offered a 10 percent discount on its entire product range.
Apart from attractive prices, various new initiatives at this year’s expo like Property Tour and Property Clinic have helped to pull in the crowds. “We had to arrange additional vehicles for the property tour,” Rajbhandary said.
Organised by the Nepal Land and Housing Developers’ Association and Kantipur Publications, the expo will conclude on Sunday. Tickets for the event have been priced at Rs 50. One lucky winner will get an apartment costing Rs 1.8 million at Mero City Apartment as a bumper prize through a lucky draw on Sunday.
Source: ekantipur.com, 4th May 2013
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Gold Price Falls by Rs.800 per tola
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