From The Nepali Press
Nepal, 8 May
FROM ISSUE #246 (06 MAY 2005 - 12 MAY 2005) | TABLE OF CONTENTS
SUBSCRIBE NT PRINT REFER WRITE TO EDITOR
The influx of Nepali migrants to bordering Indian states is a boon for Indian landowners. Many Nepalis from the western tarai districts of Nawalparasi, Rupandehi and Kapilbastu are moving to India for permanent residence. This has led to the increase in land demand and Indian landowners have been hiking up the prices. "Ever since Nepalis began buying land and houses here, the real estate prices have skyrocketed," said Mahendra Jaiswal of Sunauli. Most of the new settlers belong to middle and high-class families. A majority of them moved to India out of fear of the Maoists. Some of them own industries and large business firms in Bhairawa and Butwal. In Sunauli's Nautanwa, the price of land has more than doubled and landowners are now plotting their lands to sell. At Nautanwa's bypass road, houses of Nepali migrants are being constructed but many will not be able to register the houses in their names due to legal complications. Nepalis have also been investing in Siddharthanagar district of India.