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Online business signal fresh boom in Biratnagar realty

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BIRATNAGAR, Oct 20: Real estate deals through internet are signaling a boom in the realty business, albeit slowly in the eastern industrial town of Biratnagar after several years of down-turn.



According to Gopal Bhattarai promoter of Biratnagar Housing Service, they were able to close more than 18 real estate business deals through internet service in a very short period of time.[break]



With an expense of Rs 35,000, Biratnagar Housing Service had developed and pioneered the internet business services through their website and in just four months they had received overwhelming response.



Bhattarai said that one could easily access the houses on sale with their price range if browsed through their website www.biratnagarhousing.com.



“We hoped to create an internet portal for the convenience of all the Nepalis here and abroad seeking to know about the current real business standard price values. It was mostly people living abroad who are curious regarding houses on rent and their price ranges,” said Bhattarai.



According to Bhattarai, Nepalese living in Germany, UAE, Australia, Britain and England are their regular online customers. “With this web page it has become very easy for people to sell their land, house and even buy new ones as per their choice,” said Bhattarai.



Among the ten registered housing companies involved in real estate business in Biratnagar, currently Biratnagar Housing Service is the only company embracing this internet business service.



Acknowledging the level of business transactions through our website, other companies are also following on our footsteps, informed Bhattarai.



“If you browse through our website you will be given choices. You will easily find houses on rent, its monthly rent price, locations and other details,” said Bhattarai. “There are more than a hundred pictures of houses ready for sale or on rent,” he added.



According to real estate businessmen, this business found better grounds in Biratnagar after banks proposed to loosen loan taking criteria in real estate business transactions.



“Real estate business has not been hit hard in Biratnagar compared to other places. You can observe how prosperous the business is along the highway section,” said Bhattarai.



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