
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.
About Us
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
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
Listing of property for sale or lease, long-term or short-term.
Matching a buyer’s or tenant’s specific requirements by location, budget and interest.
Planning, designing and executing high-quality residential and commercial projects.
Professional marketing campaigns, digital presence and a network of agents for fast sales.
Curated investment packages with ROI projections and risk management.
Comprehensive rental management, maintenance and tenant services.
Market analysis, feasibility studies and regulatory guidance.
In the first phase, the Government has notified six metropolitan and eleven sub-metropolitan cities for licensed operation.
Metropolitan cities
Sub-metropolitan cities
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 are levied as per the rules set by the Government of Nepal and/or the Association of Realtors, with mutual understanding with the client.
2. Board Members
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.

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.

Member
Education
MBA
Professional experience
20+ years in senior banking leadership; now develops hydropower projects and cement manufacturing.
Member
Education
Overseer
Professional experience
20+ years across trading, manufacturing, co-operatives and stock trading.
Member
Professional experience
10+ years in co-operatives, the stock market and real estate development.
Member
Professional experience
25+ years in co-operatives, public transportation and real estate development.
3. Management Team
The company is run by a small team of professionals led by a Chartered Accountant as Chief Executive Officer.

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.