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July 2018

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Reading Time: 2 minutes Over recent years, the introduction of condominium complexes has been slowly taken into consideration due to the issue of overpopulation in Bangladesh along with a lack of space and ever since, the skyscrapers are filling up the sky and new projects of high rise building have commenced. The concept of condominium complexes is relatively new in Dhaka. We are yet to witness how it is going to affect Bangladeshis but needless to say, condominiums come up with a lot of advantages. Here’s why you should consider investing in a condominium: Free of responsibilities Ownership of condominiums are somewhere between owning an apartment and a house. Just like apartments, the walls and the inside is your own which allows you to renovate your home however you want to. Unlike a house, maintenance isn’t a hassle. You don’t need to clean the stairs or mow the lawn or clean the swimming pool.…

Reading Time: 5 minutes Flooded streets have been a bane for residents of the capital city for a long time. Many people dread seeing rain water on the roads. Almost all of Dhaka submerges under at least a foot of water whenever it rains. Finding places in Dhaka to live that isn’t half submerged during monsoon is difficult. So much so that it has become a myth to many. Is there any place left that is free from water-clogged streets during the rainy season in Dhaka? There are still places in Dhaka where streets remain relatively unfazed even during heavy monsoon. In this article, we visit 5 areas around Dhaka that are not just free from water clogging but are also locations where you’d want to live. Take a look. The High Ground on the North-East: Mirpur 6 Mirpur presents an excellent opportunity for those looking for affordable flats. The north-east part of Dhaka…

Reading Time: 4 minutes Thinking of changing how your home looks? Want your home to be trendy this season but can’t think of any decoration ideas? Luckily, you don’t have to change a lot to achieve a fresh look. Even the tiniest home decor items can have a significant effect on your home’s charm make it trending. Adding bits & pieces here and there can cozy things up and even make your apartment more luxurious. The home decor items mentioned in this article have the power to do just that. If you are dreaming of a luxurious home and determined to make your house look modern, then here are some ‘must have’ items for you. 1. Candles Let’s begin with something small that has a huge impact. Candles create the kind of ambiance that makes you feel a whole spectrum of emotions leading to relaxation, romanticism and the envy of your friends & family.…

Reading Time: 4 minutes Surviving constant ebb and flow, real estate sector in Bangladesh made a notable comeback in the past couple of years. Simultaneously, major contributing factors like bank loan availability, political condition were also skewed positively towards the market growth. Investing in the country’s property market during this boom might turn out to be relatively profitable. However, a common dilemma can arise while coming to a decision; ‘Where to invest, apartment or land?’. Both of the assets have merits and demerits. If you are going through the same phase and trying to make up your mind, let’s look at a few pointers that will help you in taking a definitive stand. Purpose of The Investment Are you looking for a long-term settlement (residence) or a sharp profit gain? Both the apartment and land see price appreciation although profit growth slows down for flats after a certain period due to the quality deprecation.…

Reading Time: 2 minutes Originally a part of Gulshan Thana, Banani is partially a residential neighborhood and a diplomatic zone. This region has always identified as the place for upscale citizens of Bangladesh. When you decide to settle in an elite areas of Dhaka, let’s see what it has to offer. Education Your neighboring area is Gulshan which basically means you get to reap off its benefits, too. Reputed schools like International Turkish Hope School, Green Dale International School, American International School Dhaka, Onnesha International School and College and many others are easily accessible. Transportation Because of the linked roads and flyovers in between, it is now easier than ever to travel to places. There are rickshaws available in designated areas as well as A/C buses for travelling inside Gulshan and Banani. Needless to say, residing in Banani just gets more convenient each day. Healthcare facilities Hospitals like Labaid and Prescription Point are open…

Reading Time: 2 minutes How do you take out a loan exactly? In Bangladesh, home loan procurement should come as second nature to none. Home loans are a good way to ensure you receive the necessary finance without stressing out your piggy bank. Remember, different banks offer different preferences to its customers when it comes to home loan availability. Before we move on to knowing about the procedures behind availing a home loan, these are the three things that you must assure for yourself: Check out your credit score Know your debt to income ratio Save up Get pre-qualified Home loans are usually provided to these 3 groups of people; a salaried person, a businessperson and a landlord/lady. For each category of people, banks provide schemes catered to their financial advantages. The amount of loan a person can take out also varies according to each group of people. In general, before taking out a…

Reading Time: 4 minutes After bearing the scorching heat of summer, you wholeheartedly wish for the monsoon season to come and cool down the weather. A perfect ambient to sit quietly in an apartment with a view, enjoy lazy afternoons reading a good book while sipping from a hot cup of coffee. Not long before excitements about the rainy season vanish in front of the eyes when constant load-shedding, damp walls, and annoying mosquitos take over the home, making life miserable just as before. Wouldn’t be a pleasant experience, would it? Simple steps can go a long way to prepare the home ahead of the season and to prevent irritating situations. Here are few things to look out for and to prepare your home ahead of the rainy season. Checking Electrical Fittings Electronics and electrical fittings become most vulnerable during thunderstorms and lightning, a common occurrence in the monsoon season. Constant voltage fluctuation leads…

Reading Time: 5 minutes In a time when the price of everything skyrockets with the introduction of each new national budget, finding affordable and quality living space is essential. In this article, we’ll look at one such locality that is economical and has everything a balanced lifestyle needs at an arm’s length. Located at the edge of Rampura, lies Banasree, a place that is synonymous with affordable living and community. Banasree turned from sparsely inhabited to a booming real estate area within the span of two decades. The Banasree Welfare Association, which is comprised of the property owners, make the community a great place to live. Today, it is an area that offers its residents, among other things, stylish housing, decent healthcare centers, prestigious educational institutions, safety and security, and of course, close-knit community. Living in Banasree has its perk. Let’s take a closer look. Move Within and Out of the City Banasree holds a…