Sunday Dec 22, 2024
Sunday Dec 22, 2024

Government introduces new provisions for land leasehold


Nepalnews
RSS
2022 Jul 08, 20:10, Kathmandu

The government has introduced new provisions regarding giving land owned by the government on lease for up to 40 years.

The government has issued an action plan relating to the registration and utilization of public land and providing it on a lease, 2022 in the Nepal Gazette.

According to the new provisions, foreign diplomatic missions and UN-affiliated bodies in the country, inter-governmental organizations, universities, board committees, or other autonomous organizations established under the provincial government or local levels, and any organization registered in the Federal government, provincial government, or the local level shall be eligible for acquiring land on lease. More, it can be given to an individual as well.

The period of the lease shall be for a five-year (short-term), 15 years (mid-term), and 40-year (long-term).

Any organization meeting criteria for demanding the land on lease or any interested individual shall apply for it and the application charge is Rs 5,000.

The work procedures require statements justifying reasons for demanding the land on lease and an action plan as well.

More, recommendations of respective local level executives, recommendations of the Ministry of Foreign Affairs in case of foreign diplomatic missions, and UN-affiliated intergovernmental organizations are necessary to proceed with getting the land on lease.

In addition to this, the recommendation of the District Disaster Management Committee stating that it does not need the land for disaster management is also demanded by the procedure.

There shall be a recommendation committee coordinated by the Chief District Officer to make recommendations for the use or lease of government land

READ ALSO:

land lease public land Provincial Government Ministry of foreign affairs government land
Nepal's First Online News Portal
Published by Nepalnews Pvt Ltd
Editor: Raju Silwal
Information Department Registration No. 1505 / 076-77

Contact

Kathmandu, Nepal,


Newsroom
##

E-mail
nepalnewseditor@gmail.com

Terms of Use Disclaimer
© NepalNews. 2021 All rights reserved. | Nepal's First News Portal