Kathmandu. Himalayan Life Insurance has purchased land in Chabahil of Kathmandu for more than Rs 760 million.
With the approval of The Nepal Insurance Authority, the company has set up a branch in Kathmandu Metropolitan City Ward No. Kishan Lal Shrestha and Dhruba Kumari Shrestha have purchased the land in the name of Sund Kumar Shrestha. The company has purchased a total of 368,820 square meters of land.
The company has paid Rs 720 million for these lands and Rs 38.16 million as registration fee.
The company has spent a total of Rs 758.16 million in the purchase of land.
