It opens new company for Bangladesh named JP Build BD Co
Taj and Vivanta will be operated by Borak Real Estate and Indian Hotels Company
The foresightedness of Rokia Afzal Rahman was unparallel
The fair posts sales and bookings worth Tk 108 crore, down from last year’s Tk 238 crore
The realtors want cut in apartment registration fees and tax cut on registration of used flats
Forty eight companies from Dhaka and Chattogram, including realtors, building material makers and financial institutes, will take part
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
The real estate sector and its subsectors are struggling to maintain their growth due to the economic slowdown induced by the coronavirus pandemic, exemplified by a slump in earnings by most of the listed companies connected to construction.
Real estate companies have urged the government to allow black money to be invested in the housing sector through the upcoming budget without prying into the sources as it would help the vulnerable industry survive the ongoing coronavirus pandemic.
It’s never easy to buy or sell a home -- even in the best market conditions, said Peter Lane Taylor, a contributor to Forbes, in an article on Sunday. And in the current purgatory climate, it’s become nearly impossible.
Integrity, quality construction and timely delivery of projects can bring lasting success and reliability in the real estate business, said Tanvir Ahmed, managing director of Sheltech Group, one of the leading realtors in Bangladesh.
Major realtors have set their sight on the capital’s Mirpur to propel their growth and court middle and higher middle income groups as the largely under-developed area has turned lucrative since the start of construction of the metro rail that passes through it.
In 2011, with great hope, Monwara Shameem had handed over her 8.25 decimals of land in Mohakhali DOHS to a reputed developer to construct a six-storied apartment building.
Real estate developer Shanta Holdings yesterday started accepting bookings for “Shanta Pinnacle”, saying it was to be Dhaka’s first 40-
Prices of rod will come down by Tk 4,000 per tonne if the government withdraws the weight limit in carrying goods by trucks and eases congestion at the Chittagong port, said the industry association.
Realtors yesterday said a recent price hike of construction materials such as rods and cements will raise apartment prices, impacting sales.
Rod prices are spiralling with the soaring prices of melting scraps in the international market in the wake of US's announcement of 25 percent and 10 percent tariffs on steel and aluminium imports respectively from March 23.