Kathmandu, May 29 -- The government has introduced a policy aimed at providing relief to real estate developers who have been unable to sell housing and apartment units due to land ceiling restrictions.

The new policy, included in the budget for fiscal year 2025-26, allows the sale of housing and apartment projects developed on land holdings that exceed the legal ceiling, provided the projects had prior approval. This also applies to land previously registered under various industries and companies to avoid government acquisition.

To facilitate this, the government has already tabled a bill-Land-Related (Eighth Amendment) Bill 2025-in the current session of Parliament. The bill proposes amending Section 12(6) of the prevailing land act,...