Nepalese real estate is expected to rise by 6.7% to $6.8 billion in 2030, according to the National Bureau of Statistics (NBS).
That is a 6.3% increase from 2020.
The growth comes as Nepal continues to grapple with the economic crisis that hit the country in 2015.
The country’s economy is forecast by the World Bank to shrink by 1.7 percentage points in 2030 and the IMF to cut its growth forecast by 1% in 2020.
Nepal’s economy grew by 6% in 2015, and the last year of the previous administration saw the economy grow by 2.9% in the year.
The government says it is aiming for growth to be 3.5% this year, and it expects to grow by 4.5%.
The boom in the country’s real estate sector comes after a series of government announcements to encourage development and stimulate economic activity.
The NBS said that by 2030, Nepal’s growth will increase by 7.5%, from 5.9 to 6.8% as the country aims to boost its growth by 20%.
In the same year, the GDP will expand by 5.2% and the national gross domestic product will grow by 6%.
The government has also announced a number of tax incentives for developers, including tax incentives on the sale of land to developers and land lease-back, which is a tax credit for developers on the sales of land they lease from the government.
The government said in its new policy, announced in October, that it will also give incentives to real estate developers and developers in rural areas.
In the new policy announced last month, the government has set a target to grow the number of companies with at least 25% of their total revenues coming from land sales.
The new policy will provide an additional 5 billion rupees ($66 million) to support this goal.
The Nepal government has been keen on the development of rural areas and the growth in the number and type of companies that have established in them.
The number of such companies has grown from 1,200 in 2010 to over 10,000 now.
According to the NBS, the country will need $8 billion to finance the increase in its real estate production, and that includes the cost of land.
The National Development Bank has been financing land for developers for two years, and has said that this will continue for another two years.
The new policy said the NBP will also help by helping to develop land by selling the land to private owners.