| Abstract |
The census of real estate 2019 was the third real estate census conducted by Central Bureau of Statistics collecting the information of gross value added and other macroeconomic indicators of real estate activities of the country. The total sales (output in national accounts statistics) of the registered real estate agency in Nepal in the fiscal year 2075/76 was NRs. 9,832,557 thousands (9.8billion). The intermediate consumption or the cost of real estate activities was found to be NRs.5,270,899 thousand (5.3 billion) in the same year. In the same way, the value added generated from the sector was NRs. 4,561,658 thousand (4.6 billion). Analyzing the province wise information,
Bagmati province is the largest province in terms of composition of value added that occupies 43.6 percent of gross value added thereafter Lumbini Province and Madhesh Province occupies 19.72% and 10.98% of total Gross Value Added respectively. For employment generated by this sector is not much exciting. Only 1,232 people are employed in the sector. A total of 241 real establishments were enumerated in the census. During the month of the field work of census, lockdown started due to the COVID-19 pandemic which causes many real estate business to shut down. Therefore, the benchmark statistics should be updated by another real estate census in the near future. |
