header banner

Affordable apartments

alt=
By No Author
KATHMANDU, Feb 16: Are you looking for affordable housing apartments in Kathmandu? Then you are up for a big challenge because your options are limited. Very few real estate developers target the middle class population because of comparatively lower profit margin.



Poor infrastructure, tardiness in approval by government authorities on various requirements and unstable political situation are some of the reasons that increase the duration of construction and eventually the cost of apartments. [break]



"The government should create favorable environment so that developers can target the increasing middle class population," said Ichhya Raj Tamang, president of Nepal Land and Housing Developer´s Association.



But it is not that you do not have any option. If you look hard enough, you might find a good catch. Some of the options available for affordable two-three bedroom (BR) apartments are Sun City, Chakrapath Heights and Bagmati Apartments.



Sun City apartments of Shangrila Housing at Gothatar give extra value for money and provide hassle free living. At an affordable rate, you can get world-class facilities like gym, health spa with swimming pool, play zone for children, 75 percent open area, standby generator for emergency power supply, regular water supply, basket ball and badminton courts, two elevators in each tower with 12 passenger capacity, amphitheater and jogging tracks and ATMs within the township, among others.



It is strategically located so that you can escape the congestion in Kathmandu and still have necessary facilities at comfortable driving distance. With six-lane Koteshwar-Suryabinayak road coming up, the drive to and from Sun City will be a pleasure.



Chakrapath Heights of Oriental Builders and Developers can be another good option. Its features include community hall, swimming pool, badminton court, ample parking space, walking tracks, 70 percent open space, pleasing and peaceful environment, fire fighting system and emergency exit among others.



Located 800 meters outside Ring Road, in Basundhara, Chakrapath Heights is just minutes away from business and leisure activities.



Bagmati Apartments of Aayusha Developers is also being marketed by Oriental Builders and Developers. The apartment building is equipped with many facilities which include four lifts, good electricity supply, fire fighting system, lightening arrester, generators for lift, corridor, streetlight and water supply with treatment plant.



The apartment building at Sankhamul is connected to the Bagmati corridor and the main road which goes to New Baneshwar, Minbhawan and Lalitpur.



Related story

LMC to take legal action against Summit Apartments

Related Stories
SOCIETY

3 in Sun City Apartments test COVID positive in RD...

COVID19_20200403142345.png
ECONOMY

Govt to allow multinational companies to lease apa...

bQP3fOVRnoCeh96cOSbVUcZpFbOwhc5Ie5EXkCPG.jpg
SOCIETY

Houses collapse near Summit Apartments in Lalitpur

viber_image_2023-04-08_13-53-26-474_20230408172040.jpg
SOCIETY

Sun City Apartments family among 153 arriving by Q...

Sun-City-Apartments-Pepsico_20200415073551.gif
ECONOMY

‘Apartment culture’ flourishing in Pokhara

Lakeside_Pokhara_20191019130126.jpg