What’s the cost of building a home? It’s getting more expensive
AI Summary
Home construction costs in Nepal are rising due to increased prices of materials, higher transportation expenses, and stricter building standards. Notably, prices for electrical wires and bricks have shown the sharpest increases.
Builders cite rising material prices, higher transport costs and stricter building standards, while official data show electrical wires and bricks posted the sharpest price increases.
Markets Real Estate Commodities construction costs Nepal building materials price increase housing market