About Us

Aakash Realtor Pvt. Ltd.

Aakash Realtor is a real estate firm focused on property development, sales and investment opportunities in Nepal. We specialise in residential, commercial and mixed-use developments, with an emphasis on quality, sustainability and client-centric service.

1. Company

A licensed real estate company

Incorporated
3 Mangsir 2082 · Companies Act 2063
Real estate licence
No. BRK1858851 · 23 Chaitra 2082
Bhu-Sewa licence
Bhu-Sewa Operation Centre (National level) · 26 Jestha 2083
Paid-up capital
Rs. 24.5 million · 25 promoters

Aakash Realtor Pvt. Ltd. was incorporated under the Companies Act 2063 on 3 Mangsir 2082 and licensed by the Department of Land Management and Archive on 23 Chaitra 2082 under the Malpot Act 2034 §26(ka) and Malpot Niyamawali 2036 §23(ya), sub-rule 2, holding licence No. BRK1858851 to operate as a full-fledged real estate company.

It further holds a Bhu-Sewa Operation Centre licence at national level, issued on 26 Jestha 2083 by the Department of Land Management and Archive. The company is registered with a paid-up share capital of Rs. 24.5 million from 25 promoters drawn from different spheres of society.

Until the Bhu-Sewa Operation licence was issued, services were delivered through partner network companies.

Our mission

To provide transparent, reliable and innovative real estate services that exceed client expectations while contributing to sustainable urban development.

Core values

  • —Integrity and transparency
  • —Client satisfaction
  • —Innovation and quality
  • —Sustainability
  • —Professional excellence

Our services

Property Listing

Listing of property for sale or lease, long-term or short-term.

Property Search

Matching a buyer’s or tenant’s specific requirements by location, budget and interest.

Property Development

Planning, designing and executing high-quality residential and commercial projects.

Sales & Marketing

Professional marketing campaigns, digital presence and a network of agents for fast sales.

Investment Opportunities

Curated investment packages with ROI projections and risk management.

Property Management

Comprehensive rental management, maintenance and tenant services.

Consulting & Advisory

Market analysis, feasibility studies and regulatory guidance.

Area of operation

In the first phase, the Government has notified six metropolitan and eleven sub-metropolitan cities for licensed operation.

Metropolitan cities

  • Bharatpur
  • Biratnagar
  • Pokhara
  • Birganj
  • Lalitpur
  • Kathmandu

Sub-metropolitan cities

  • Hetauda
  • Dharan
  • Itahari
  • Butwal
  • Jitpur Simara
  • Ghorahi
  • Tulsipur
  • Nepalganj
  • Dhangadhi
  • Janakpur
  • Kalaiya

Licensing & limit of transaction

Government of Nepal, Department of Land Management and Archive, notice of 2082/07/13 inviting applications for a "Real Estate Operator" licence.

From 8 Baisakh 2083, any property registration or transfer involving an artificial (legal) person with a transaction value above Rs. 30 million in the notified metropolitan and sub-metropolitan cities must be processed through a licensed company.

The provision follows the digitisation of property records, bringing transactions that were recorded at government valuation — with market prices and service charges unaccounted for — into a regulated, organised market.

The Government may further expand the operating area and revise the threshold.

Fees and charges

Fees are levied as per the rules set by the Government of Nepal and/or the Association of Realtors, with mutual understanding with the client.

Why partner with Aakash Realtor

  • check_circleStrong local market knowledge and networks
  • check_circleCommitment to quality and timely delivery
  • check_circleTransparent processes and ethical practices
  • check_circleInnovative approach to modern real estate challenges
  • check_circleFocus on long-term value creation

2. Board Members

Board of Directors

The company is run by five professional founder directors with rich experience in real estate, banking and insurance, hydropower development, the cement industry and other businesses.

Mr. Mana Bahadur Rai

Mr. Mana Bahadur Rai

Chairman

Education

MBA, Banking

Professional experience

35+ years across manufacturing, trading, banking and insurance; former CEO and board member, now runs a stock-broking company.

Mr. Rajaram Khadka

Mr. Rajaram Khadka

Member

Education

MBA

Professional experience

20+ years in senior banking leadership; now develops hydropower projects and cement manufacturing.

Mr. Purna Man Maharjan

Member

Education

Overseer

Professional experience

20+ years across trading, manufacturing, co-operatives and stock trading.

Mr. Rajan Khatri KC

Member

Professional experience

10+ years in co-operatives, the stock market and real estate development.

Mr. Shanta Prasad Timalsina

Member

Professional experience

25+ years in co-operatives, public transportation and real estate development.

3. Management Team

Management Team

The company is run by a small team of professionals led by a Chartered Accountant as Chief Executive Officer.

Mr. Raj Kumar Rai

Mr. Raj Kumar Rai

Chief Executive Officer

Qualification

Chartered Accountant

Professional experience

25+ years in management consulting and assurance, 10+ in banking and insurance leadership; Chairman of Nerude Mirmire Laghubitta, Banepa.

Meet the wider team of property specialists on the Our Team page.