Kathmandu's Prime Locations Pegged at Rs 50 Lakh per Aana in Govt Valuation

Kathmandu – According to the Kathmandu Metropolitan City's (KMC) latest property valuation, Darbar Marg has been identified as the most expensive land area in the capital, with government-assessed rates reaching Rs 50 lakh per aana (including space adjustments).

The valuation, introduced under the upcoming fiscal year 2082/83's financial ordinance, applies to key commercial and administrative zones, including:

• Darbar Marg (both sides of the road)

• Maitighar, Singha Durbar West Gate, Putalisadak

• Krishna Pauroti, Hattisar, Jay Nepal, Kantipath Jamal

• Ghantaghar to Kamaladi junction

Other High-Value Areas (Rs 50 Lakh/Aana)

KMC’s valuation also covers prime properties along:

• Jamal, Ranipokhari, Bir Hospital, Nepal Airlines Corp, Gaushala Post Office, Tripureshwar

• Keshar Mahal entrance to Thamel's main road up to Ksherapati Chowk

• Hanuman Dhoka, District Police Office East (Suraj Arcade), Indra Chowk, Asan to BhotaHiti Chowk

• Asan Chowk to Jamal’s Rashtriya Nachghar, then to Vishwa Jyoti Hall and Tin Dhara School

• Mahendra Salik to Kathmandu Plaza

Additionally, the same rate applies to:

• Ratna Park, Old Bus Park, Sahid Gate to Sundhara Chowk

• Singha Durbar West Gate to Bhadrakali

• New Road (east of Hanuman Dhoka), Old KMC Building South Chowk to Juddha Shamsher Salik

• New Road’s Khichapokhari to Dharahara-facing plots

Purpose of the Valuation

The KMC’s assessment determines property tax rates, with these premium zones reflecting their strategic commercial and infrastructural significance. The revised rates will impact landowners, investors, and businesses in these high-demand areas.

Things to be noted

• 1 Aana = 31.79 sq.m. (Nepali measurement)

• The valuation excludes structures, focusing solely on land value.

• Areas were selected based on proximity to major roads, landmarks, and commercial activity.