Archive

2016

Browsing

Which real estate markets should you be watching this year? 2015 was an interesting year for real estate in the emerging markets. While there were a number of challenges as a result of fluctuating oil prices, currency stability, and changing investment laws; a new year brings new, exciting prospects. But what will the next 12 months hold for developing countries and their real estate markets? As 2016 gets underway, we explore the real estate markets to watch this year. Mexico City, Mexico Forecasts from PwC expect that by 2025, Mexico City will have become the seventh richest city in the world. This increased wealth is expected to create more opportunities for the real estate industry in the coming years. While the drop in oil prices and declination of the peso has caused challenges, Mexico’s capital city is experiencing a surge of growth when it comes to real estate. As foreign…

To kick off the Asia Cup 2016, we are in for a treat, as India take on mighty Bangladesh in what will be a fiercely contested battle. February 24th has been set as the date when these two cricket powerhouses will fight for first blood in what promises to be a wonderful tournament. Most fans will have one eye on the following weekend, as the title holders, Sri Lanka, take the first step in defending their cup and pit their wits against the host nation-Bangladesh. The tournament will take the same format as the Twenty20 for the very first time, with all 11 matches being played at Shere Bangla National Stadium in Mirpur. The 25,000 seater is named after AK Fazlul Haque, a well known Bengali statesman in the first half of the 20th century. The first ever test match played there was actually against India in 2007, when India…

While Indonesia and Thailand are considered as big names in South Asian glamping (luxury camping), there are opportunities for other nations to follow suit. A recent publication by C9 Hotelworks alludes to the increasing demand for back-to-nature holiday experiences. People are tired of overpopulated cities. The chance to get out to natural landscapes and stare at the stars is appealing to city dwellers. You know it’s a thing when big players like the Four Seasons are establishing tented accommodations. The number of tents is generally limited to preserve the intimate experience. The appeal for property developers and tourism operators is the return on investment, given the low capital cost. Destinations that are following the trails blazed by Indonesia include Myanmar, Cambodia, and Laos. Is there potential for Bangladesh to get involved? Certainly, Bangladesh is already an eco-friendly dominant force and, the glamping industry has many synergies with the sustainable building…

Finally, some six years after plans were finalized, the India-Bangladesh railway project is going ahead. The rail line, which will cost Rs 580 crore ($84 million) will be a vital link between two major transport hubs, Agartala and Akhaura. The line will stretch for 15 kilometers and is expected to be completed by 2017. Two-thirds of the track will fall on Bangladesh’s side with the remaining third in Indian territory. This has been a pet peeve of Prime Minister Sheikh Hasina since January 2010, when she met Manmohan Singh, her equivalent in India. The pair laid the foundations for the ambitious project upon meeting on the Prime Minister’s two-day visit to New Delhi. The line is also important in the wider Trans-Asian Railway Network, which will connect the South Asian nations with Europe, passing through India, Pakistan, Afghanistan, and Iraq. The Indian government is committed to paying the full cost…

A look at the top designs for next year while waving goodbye to the vintage tubs and deep blues of 2015 Bproperty today announced the top trending interior designs for 2016, paying homage to the fading stars of this year. According to the Bproperty’s trend forecast report, industry professionals can expect more artisan goods, and a further emphasis on sustainable materials, while mix metallic and metals will be embraced. “It’s time to say goodnight to calming blue interiors and vintage tubs,” says the interior design expert Daniel Carrasco Lara. “Modern and geometric designs will be popular in the new year, with au natural minerals expected to really take off. Watch out for a return to fresh modern hues, combined with beautiful bold simplicities.” Top Three House Designs for 2016 Trend One: Geometric Tiles While decorative backsplashing grew in popularity in 2015, 2016 will take this trend to the next level.…

More than one-fifth of the world’s population are Muslim, and this is the most important month in the Islamic calendar so here is what you need to know: What is Ramadan? Ramadan takes place during the ninth month of Islam’s lunar calendar. The month is said to be when the Qur’an was first revealed, making it the most sacred month for Muslims. During this month Muslims fast every day from sunrise to sunset; abstaining from food and drink. It is also a time of deep reflection and prayer to Allah, and for generosity. All Muslims of able body and mind take part. Young Muslims begin to fast around the age of ten or 11. When does Ramadan begin? If you are a Muslim and you are asking this question you might be alarmed to learn that Ramadan started on the 7th of June, around the time the new moon came…

Discover the most impressive smart home devices that we saw at IFA 2016 IFA 2016 showcased so many brilliant home appliances and devices – here are some of the best. The technology on show that impressed us the most came from a range of categories. One of these categories was sustainability for the home. Home Sustainability Is Germany’s population ready for technology that will save them money on their energy bills as well as time? According to a survey conducted by PWC, in spite of the fact that “81% of people with smart heating devices notice a positive impact in the daily running of their homes”, 72% of people are still skeptical of such technology. According to the report, “PwC believes it takes on average between six to eight years for a tech revolution such as broadband or smart phones to become ‘the norm’”. It could be that 2016 or…

It was a hard fought competition this week but the winner goes to Rakeen Development Company founded by Dr. Khater Massaad & Mr. S A K Ekramuzzaman in 2008. Since that year, they have gone from strength to strength basing their business on the Arabic word Rakeen, for trustworthy support. Over the years they have become the dependable name in real estate, synonymous with high quality. Their promise is to provide world class living standards, focusing first and foremost on residents’ quality of living, comfort and security. Their core value is to maintain the highest standard of quality at all levels of construction, from the first pour to opening the door to the lucky new owner. A first for Bangladesh, Rakeen recently appointed an internationally acclaimed foreign construction company to deliver the entire construction of a residential project. So what have they got on the market at the moment? Bijoy…