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September 2019

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Reading Time: 5 minutes October is a month of transitions; not only does it mark the end of autumn, it also signals the beginning of late autumn. A vibrant environment with colorful trees and a beautiful blue sky make this month the center of all festivals. A lot happens in October 2019. This is also the time when followers of the Hindu religion come together to celebrate the arrival of the goddess Durga. So people spend more of their time with their families and friends to celebrate the festival. But that’s not all. There are also several other events in October that might intrigue you as well. So, let’s take a closer look at what is happening in October 2019, shall we? Durga Puja 2019 Date: October 3, 2019 – October 8, 2019 Time: Dusk till Midnight Place: Gulshan, Banani, Kalabagan, Old Dhaka, etc. It all starts with Mahalaya. Mahalaya marks the start of…

Reading Time: 3 minutes In order to find a home, we do a lot of things. We ask our friends and family if they know a property for sale; try to spot a flat with good exterior and hope it’s up for sale; and, of course, search online – all to find that elusive ‘perfect’ home. Sometimes, just sometimes, the answer can be found just in front of us. All we need to do is, make sure to spot it. This is what our monthly ‘Properties of the Month’ series are all about. We regularly bring to you the best new additions of every month so you, if luck would have it, find the home of your dream. So without further ado, let’s take a look at the best properties of September 2019. Charming 1,789 Sq. Ft. Flat in Dhanmondi This property was MADE to be home to loving families. You can feel the…

Reading Time: 5 minutes As the cost of living in Dhaka continues to soar, the thought of going abroad and settling down in a less expensive city may have come to your mind once or twice. Now leaving your homeland is undoubtedly a difficult decision, but there’s no harm in entertaining the idea a bit. But how do you determine a city’s affordability in comparison to others? Simple! You determine it by comparing a city’s Cost of Living (CoL) against a standard, which, as most organizations consider, is New York City. For example, New York’s CoL is 100, and if Dhaka’s CoL is 60, it means Dhaka is 40% less expensive than New York. So the question now is, which cities are more affordable than Dhaka? The answer to that question is right below in our list of most affordable cities in the world! 8. New Delhi – India (CoL 43) India has had…

Reading Time: 4 minutes Living in Dhaka City is not easy on the wallet. More than half the population lives in rental apartments. One needs to contribute a major portion of their income for rent. Most people can only ever dream of having a house of their own. Thus, in a place where rent is the norm, strong tenancy rights, landlord laws, its efficient uptake and the responsibilities of landlords becomes necessary for smooth operations of the city’s housing situation.   The landlord vs. tenant dispute is a widespread phenomenon even though there are laws to serve as a blueprint for basic interactions. Despite the laws and acts, there are some primary duties that every landlord or homeowner should perform or follow. Sometimes it seems like there are no rules in this regard since there is no regulatory body for monitoring the impulsive activities of so many landlords. Do’s – The Responsibilities of Landlords…

Reading Time: 5 minutes BDT 66,000 Crore – The amount of home loan disbursed by banks and non-banking financial institutions (NBFI) in the fiscal year 16-17. The number alone should give you some idea of the importance of home loans in Bangladesh. The majority of people, in some form or another, take out loans to finance home construction or purchase. But before you do take out a home loan, there are a few factors you need to consider such as interest rate, fees & charges, loan tenure, and eligibility. Based on those factors, we will today do a quick home loan comparison of some of the major banks and NBFI’s of the country. And if you are a client of Bproperty, you’ll enjoy a preferential rate which will also be discussed below. Bank Standard Chartered Bank (SCB) To many, Standard Chartered Bank is the leading choice for banking and loans. They have built a…

Reading Time: 4 minutes Panam Nagar, also known as The Lost City, used to be a bustling place. Having been practically abandoned ages ago, only the untouched stones and derelict buildings remain a testament to its ancient stories. Maybe 450 years ago you would have loved the lively and busy city, but today we visit an unseemly restful place. History Common knowledge tells us that 15th century ruler Jamidar Isa Khan was the first to settle Panam Nagar as the capital of the area, though the area was popular even as far back as the 13th century. There were three large settlements; Boro Nagar, Pash Nagar and Panam Nagar. As we now can tell, Panam Nagar was and is the most renowned of the three. It was a place of great economic and political power and was the east terminus of the 2,500 km Grand Trunk Road that connected Bengal to Central Asia. Panam…

Reading Time: 4 minutes Names have meanings, and when it comes to names of areas, the meanings are more prominent. You can sometimes even get a basic idea about the area just from its name. That is why today’s article is about the history behind the names of areas in Dhaka city. Dhaka is a city with hundreds of years’ worth of history. It has witnessed the emergence and downfall of the Sena dynasty, the Turks, the Mughals, and the British. So if you try to uncover the history behind the names of areas in Dhaka city, you’ll undoubtedly discover some amazing stories. And that’s what we’ll try to do today. Join us, as we uncover how the names of the areas in Dhaka city came to be. Shahbag The 17th Century Bag-E-Badshahi is today’s Shahbag The Shahbag we know today is a central hub of the city that’s kept busy by thousands of…

Reading Time: 3 minutes There are hundreds, even thousands, of buildings under construction around the world every moment of the day. And it’s amazing to think about how much taller each is getting than the previous one. The tallest building today is so tall that it has 2 different times assigned for sunset and sunrise; one at the top and one at the base. But even if all the buildings now aren’t going to be taller than this one, it’s always fun to look at the tallest buildings under construction today. There are stories behind each one. One Tower, Moscow The first in our list of tallest buildings under construction is the One Tower in Moscow, Russia. It’s a beautiful construct proposed in 2017 where construction began in 2019. If all goes according to plan, this uniquely designed building will be completed in 2024. It is to have 101 stories with nearly 2000 workers…

Reading Time: 4 minutes Ever caught yourself wondering what it would be like to become a real estate mogul in Dhaka city? Real estate is one of the biggest, thriving sectors in Bangladesh. When on the verge of the first phase of your career-oriented life, it is natural to wonder about catapulting yourself to the top floors of your respective sector. As an industry of tangible value, real estate can be a good investment. But how does it play out in the minds of young professionals who are just starting out? Below is an informative overview of what to expect and how to proceed with the most exciting phase of investing in real estate of Bangladesh… Know About What You Are Getting Into: The world is your oyster. You are young; you are hopeful and aspiring to be bigger than you already are. Don’t rush into making decisions when it comes to investing in real…

Reading Time: 4 minutes But just functionality won’t do. You really need to add some aesthetics. Time has brought with it many different styles of home design. A modern home design isn’t enough anymore. What’s home that doesn’t have a little reflection of your personality? Just a little can change the very outlook of your home. We all know the basics of decorating our homes. Our blog is also full of articles you can look to to help you on your designing ways as well. Articles about dining room designs, home entrance ideas, beautiful ceilings, and paint finishes that can all be found on our site. Lots of us like taking the path less used. These are the people that need to do everything a little different from everyone else; and leave a bit of themselves visible in their work. This article is for those people who want to have a reflection of your…