Construction of commercial complexes in core city areas of Kathmandu has surged of late. With the Capital’s major business areas getting crowded by the day, multi-storied business complexes have indeed become a necessity.
Civil Group is constructing Civil Trade Centre at Sundhara with an investment of over Rs 800 million. The trade centre was completely booked in a single day. The 10-storied trade centre will have 146 shops in its ground to fifth floor. Its seventh, eighth and ninth floors will be leased to offices, according to the developer.
Kathmandu’s major business hub, New Road, is also getting one more commercial complex—Ranjana Trade Centre. Like the Civil Trade Centre, Ranjana was also booked in a single day. Developers said Ranjana will feature facilities including food court, kids’ zone and mini multiplex, among others.
The Durbarmarg area, which is rapidly being developed as a financial area, will see JSB Financial Tower soon. Developed by Krishi Premura Properties, the 16-storey Tower will be the tallest commercial building in the Capital. Besides this, one more mall is under construction in the Durbarmarg area.
The tourist hub of Thamel is also getting a mall- The Thamel Plaza-in the near future.
Likewise, Star Mall at Putalisadak is being operational within a month. The seven storied building will have 50 stores and meeting and conference halls in its third floor. It will also have a food-court and cinema halls in the fourth floor. The fifth, sixth and seventh floors will be leased to offices. Star Holdings, the developer of the mall, has invested around Rs 750 million for its construction.
Aayusha Developers is planning to build CM Central Market at Naxal. Like most of the malls, CM Central Market will also feature a food court and multiplex. One more mall is in the offing at New Baneshwor.
Builders are developing new commercial complexes with various facilities such as elevators, escalators, food-courts, gaming zones, seminar halls and multiplexes, among others.
The Maitighar-Koteshwor segment is also witnessing construction of several business complexes. Kathmandu Municipality, which declared this segment as a commercial zone, has approved the construction of 14 corporate buildings here. Of the 14 projects, two are under way.
Six insurance companies have invested more then Rs 420 million in the construction of corporate buildings in the Capital. Asian, Shikhar, Sagarmatha, Premier, Siddhartha and Alliance Insurance companies are investing hefty sums in the construction and purchase of corporate buildings.
KL Tower and Multicomplex is planning to open KL Tower at Chuchhepati, Kathmandu by mid-April 2012. According to the mall management, more than 90 percent of the construction work has been completed and around 95 percent of the space at the m ...
One more mall is all set to throw open its doors to expand the shopping options for the capital’s denizens. Star Holdings will be launching Star Mall at Putali Sadak by the end of December. It promises to be one of the most exclusive shopping ...
Valley denizens now have a new shopping address. Kathmandu’s latest shopping mall, KL Tower, threw its doors open to the general public on Tuesday. KL Tower chairman Kishan Lal Shrestha and chairman of the Shankar Group Shankar Agrawal ina ...
The JSB Financial Tower in Kamaladi will be the tallest building in Kathmandu when completed. Developed by Krishi Premura Properties, the 17-storey commercial complex will have a total area of 170,000 sq ft. The building is situated at Kam ...
Adding to the increasing number of malls in Kathmandu, Civil Mall at Sundhara is all set to spring into operation from Oct. 3 under the corporate slogan “There is something for everyone”. “We will start full-fledged operation within a mont ...
Wait for four months, and you’ll get to see UWTC in a new avatar,” Sandeep Hirachan, managing director of United World Trade Centre (UWTC) said on Friday. “Visitors will get to see a new ambience and structure inside the mall.” Hirachan sa ...
Durbar Square Mall on Tuesday formally inaugurated the Times Square Mall at Durbar Marg, Kathmandu. Durbar Square Mall Managing Director Rishab Rungta, Directors Niron Baniya, Suyoz Baniya, Manoj Agrawal and Bishwash Modi jointly inaugurated ...
After two years of successful operation at City Centre, Kamal Pokhari, Mega Mart, has opened the Big Mart Department Store in Lazimpat, Kathmandu. The new outlet has been opened in the space previously occupied by the Bluebird Department Stor ...
World renowned architect Hafeez Contractor is building his first housing project in Nepal. Working in tune with Westar Properties — a member of Golyan Group — Hafeez Contractor will design and build Westar Skyliving — a luxury high rise ho ...
Nepali society has effortlessly synchronised with the culture of malls. Civil Mall will house Quest Entertainment’s (QE) QFX Central Cinema. “QFX will be the first film exhibition brand in Nepal,” opines Bhaskar Dhungana, one of the three par ...
Civil Trade Center (CTC), a shopping mall promoted by the Civil Group, formally came into operation on Monday. To mark the occasion, CTC is organizing different events until Friday. Events include cultural programs, CTC Mega Fusion Musical ...
The government is planning to enter the housing sector which has been the domain of the private sector. As a hint of things to come, the new budget announced on Saturday said, “A policy will be adopted in respect of savings mobilizing agencie ...
Most of the apartment projects in the Kathmandu Valley are yet to receive completion certificates from the Department of Urban Development and Building Construction (DUDBC). Until the developers acquire the paperwork, the property cannot be s ...
[caption id="attachment_452" align="alignnone" width="453" caption="CITYCENTRE, Kamalpokhari, Kathmandu, NEPAL"][/caption] Nepal Life Insurance Company (NLIC) commenced operation of NLIC City Center, a commercial mall built by the company at K ...
United World Trade Centre (UWTC) is one of the largest shopping complex built in Tripureshwor, Kathmandu. It's located right opposite to Dasarath Stadium. The complex provides a number of services like department stores,electronic and clot ...
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