Archive

November 2018

Browsing

Reading Time: 4 minutes The private housing sector in Bangladesh started its journey in the 1970s. Over the last two decades, the real estate industry in Bangladesh has grown and demand has increased due to a high urbanization rate. Especially after 1990, an industrial boom sprang in the country. It initiated the need for industrial buildings, corporate offices, housing units, roads and other types of infrastructure. To supply the market’s needs and grab the business opportunity, several real estate development companies entered the industry. Delivering quality and gradually gaining trust, a handful of developers are now dominating the real estate sector across multiple segments. Let’s go through these segments of real estate developments in Bangladesh. Conventional Residential Apartments Studies indicate that Dhaka has an increasing urbanization rate of 3.25% per annum. Due to rapid rural to urban migration and high population growth, more people choose Dhaka as their destination for better opportunities. Since the…

Reading Time: 4 minutes The season to buy new warm clothes is upon us. It’s time to rummage through our closets to determine which article of clothing is still in good condition and what needs to be bought. And after figuring out what you need, it’s time to go out and buy the necessary clothes. But where to go to find winter clothes in Dhaka? Sure, there are quite a few magnificent shopping malls in Dhaka; but what are the best places to get them? Let’s see. New Market New Market isn’t made up of just one shopping center, but several put together. It is a great location to buy clothes in general, as the variety of products and the low-prices of apparels draw people from all walks of life. Jackets, sweaters, scarfs, vests; every form of winter wear can be found there in great numbers. Additionally, you can also find these items in…

Reading Time: 5 minutes There is a great trend that we’ve started to see in Dhaka and we love it. People have been setting up little gardens on their roof for years, but now the practice has become more widespread. Some make their gardens beautiful and flowery while others opt for more nutritional gardens full of fruits and vegetables. Some just put together a green rooftop to emulate the sense of escape from the city. Regardless of type, we love them all. Today we’ll go through how you can begin creating a rooftop garden. Assessment of Area When you plan on creating a rooftop garden, you first need to know what you’re working with. Surprisingly, or maybe not if you’re already knowledgeable on the topic, gardening is a really heavy task; literally. Pots, earth and the plants themselves are incredibly heavy. You need to run a proper assessment of the roof to know if…

Reading Time: 5 minutes What do we see when we look at the interior of a house? Do we see the furniture in front of us? Do we see how the colors where matched and contrasted? Or do we see individual articles and artifacts? Whatever it may be, we tend to ask the owner if they like a specific type of something. Why? Because we get a little insight into their personality when we see their home décor. Let’s see how interior design style describes the personality of the owner? Minimalist Having a minimalist home design is very popular as it can be very clean and sleek. Of course there are limits to being a minimalist, but a common formula is used to keep things in check. The priority list goes: aesthetics, quality, texture, and efficiency, in that order. Clean colors like white are a favorite, so focus can fall on the articles and…

Reading Time: 4 minutes Real estate and stock market are two vital parts of Bangladesh’s economy. Where real estate business only deals with properties, the stock market doesn’t have any particular products or services. Instead, it works as an intermediary and provides a platform to list companies for stock transactions. Real estate is one of the sectors listed in the exchange out of a total of 22 industries. Since both of them function as investment options, they can impact each other and benefit from one another as well. Let’s find out how real estate effects the stock market. Purpose of Investment Before getting into how real estate effects the stock market, let’s take a look at why companies and individuals go for stocks in the first place. Any share of a company in the market represents a right to equity of that particular organization. In exchange for the equity, the individuals or other entities…

Reading Time: 5 minutes The environment you are in can have a great deal of influence on mood and productivity. And since many of us spend a large part of the day in the office, we put in great effort in office decoration. To some extent, it is the home away from home, unless you have an actual home office. Even then, there are many ways to organize a home office to increase productivity and mood. As for decorating office or workspace, you can customize it in several ways that will reflect who you are, boost mood & productivity as well as motivate & re-energize you during those long hours. Add Some Inspiring Colors Colors have the ability to alter how you feel at work and determine your mindset. Surrounding yourself with the right color palette will create an encouraging mindset. For example, the color blue is often found to be quite soothing, while…

Reading Time: 5 minutes Change is constant; regardless of it being about a person or city. Dhaka has gone through many incarnations, affecting both the lives of its people and the makeup of the areas within. This transformation of life in Dhaka and its areas is apparent when you look at Khilgaon. Khilgaon has rapidly gone from being just another area in Dhaka to being one of the more popular places. Life in Khilgaon now is quite different from that of even just a decade ago. So today we’ll be looking at how life changed for the people living in Khilgaon and try to speculate what lies ahead. Fluid Connectivity People who recently started living in Khilgaon will have a hard time imagining the area with terrible connectivity. Two flyovers flank both sides of the area today. However, that wasn’t always the case. Even just two decades ago residents used to dread traveling to…

Reading Time: 5 minutes According to the Economist Intelligence Unit’s (EIU) Worldwide Cost of Living Index 2018, Dhaka ranks 72nd in the list. A year ago, Dhaka was 10 places higher, indicating that it has become cheaper with time. Then again, in contrast to other South Asian cities like Bangalore, Chennai, Delhi, and Karachi, Dhaka ranks much higher. This means that compared to those cities, the cost of living in Dhaka is still much higher than neighboring countries. Having mostly similar geographic and demographic conditions, this deviation in living expenses is a big concern for the development of the country. Let’s take a deeper look into the matter. Historical Comparison of Commodities The Consumers Association of Bangladesh (CAB) monitors the cost of living in Dhaka every year. According to them, this cost has risen approximately 71% over the span of the last ten years. They monitor changes by calculating the market prices of 114…

Reading Time: 6 minutes When you think of home, you think of comfort and security. You think about leaning back and relaxing. But it doesn’t become that way on its own. There are many factors that need to be considered and addressed before a home truly becomes a place where one can be carefree. So how does one get to that point? Today we look at how we can get about creating a safe home. Fires & Burns The primary concern of all households: fire. Though we’re not exactly believers of ‘spontaneous combustion’, we do understand it takes very little to set off a fire; so precaution is key to preventing it. When creating a safe the kitchen is generally the first place to secure to prevent accidents at home. Check all stove connections to ensure no leaks are present. When using the stove, make sure the place is user-friendly with chances of accidental…

Reading Time: 5 minutes Love is something that doesn’t follow any logic or rules. You can fall in love with anything, any time, for any reason. And although a lot of the citizens of Dhaka don’t want to admit it, they love the city. There’s no better place in Bangladesh to live. Dhaka is overcrowded, noisy, and might not seem like anything special… Yet, you cannot help but fall in love with the city. But why? What are the reasons to love Dhaka? Tech The whole world is moving at a rapid pace. New innovations and technologies are unveiled constantly that make our life better. All these tech first come to Dhaka before being available throughout the rest of the country. And more often than not, these modern technologies are only available in Dhaka which has caused a huge surge in the usage of smart home gadgets here. As a result, Dhaka has become…