Latest figures on revenue collection from Land Revenue Offices in the first seven months of the current fiscal year. According to the Department of Land Reforms and Management, revenue collection at the Dilli Bazaar LRO was down 52.95 percent, Chabahil LRO down 61.41 percent and Kalanki LRO down 63.22 percent. The Lalitpur and Bhaktapur LROs also reported a fall in income.
According to realty traders, small developers had been forced to sell their lands with a small profit margin after BFIs pressured them to pay back their loans. However, big land developers are still holding on to their lands.
