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Real Estate News & Updates

Attractive tile and marble business
The demand of marble, ceramic tile, and granite is increasing in very fast pace. With the increase in purchasing power of people, and increase in the number of house construction, these materials are sought for kitchen, bathroom, hotel, hospital and big housing.

Import dependent business
Despite the high demand, these materials aren’t produced in Nepal, but mostly imported from India. Other than India, the materials are imported from China, Spain, Italy, etc. The business for these materials have been increasing with 40% every year.

Increase in demand: why?
Tiles are used for clean and attractive kitchen and bathrooms. They are also used to avoid the furniture and fixtures from coming into contact with moisture and water.

Thousands employed
More than a thousand individuals are involved in the business of tile, marble and granite employing thousands of employees. As per Nepal Marble Business Union, Kathmandu is the main market for these products. Other than this, hilly headquarters, and rapidly urbanizing districts from Terai region have also high demand.

Popular tile brands in Nepal
• Porcelanosa: Spain
• Halcon: Spain
• Orient: India
• Kito: China
• Suman Bharmora, Sun City, Sun Face: India
• Dimol: Italy

Popular tiles in Nepal
• Ceramic mosaic tile
• Decorative wall tile
• Paver tile
• Porcelain tile
• Quarry tile

Possibility of producing tiles and marbles in Nepal
The only company producing tiles in Nepal was shut down after the order of the Supreme Court of Nepal in 3rd Baisakh 2072. The case judgment was settled after 25 yearlong proceedings. After this, the business of tiles, marbles and granite is fully dependent on import. Due to lack of investment-friendly environment Nepalese businesses aren’t attracted towards domestic production of these materials.
 

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Cheap Home Loan settlement in just 3 days: 8.97% interest, for up to 35 years!About 15 commercial banks have dropped down their interest rate to attract residential loan burrowers; some of these banks...

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Investing in a new home? Now get all the information from the Nepal Property Expo 2018

If you are wondering for an appropriate option to invest in a home or land, we are here to fulfill your desires and provide you all the information and solutions in a single place. Nepal land and Housing Development Association will hold a Nepal property expo from June 15 to 19 at Bhirkutimandap in Kathmandu, which will answer all your inquiries about land, housing, apartments, home loans, various constructions materials and many more.It is informed that various businessmen and potential customers who are significantly contributing to the development of scientific, systematic and secure land and the urbanization of “New” ...

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