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February 2021

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Reading Time: 3 minutes Bangladesh has already made a mark on the real estate market. The business is flourishing and has endless potential to expand. But recently, the flat prices in the capital of Dhaka has tripled. Compared to other Asian countries, Bangladesh’s flat price is comparatively higher, along with a 10% registration fee. There are many additional fees that you need to pay while buying a property. But the registration fee is the most important one as this carries a value proposition of your property entitlement. Let us know about the flat registration fee in different South Asian countries to get comparative statistical data.  Flat Registration Fee in India In India, the state government determines flat registration fees and not the federal. When you’re registering your property, the concerned state government will charge you a flat percentage of the total value of the property or the registered value of the property as a…

Reading Time: 3 minutes For a long time, the existence of the Padma Bridge had only been a dream. But today, we are at the precipice of that dream becoming a reality. There had been countless speculations regarding the positive effects of Padma Bridge but how influential will it really be? Continuing on from the previous part of our two-part series discussing its impact, we’ll be looking at two more aspects – the economy and the standard of living – where the effect of Padma Bridge will be greatly felt. Effect of Padma Bridge on Economic Growth   One significant effect of Padma bridge is undoubtedly going to be on the agricultural sector. The rise in communication will lead to a higher number of economic activities. There will be more opportunities in the rural areas, which will eventually transform the rural economy. And agriculture is one of them. Improved connectivity will facilitate farm activities like…

Reading Time: 4 minutes You need to check several documents thoroughly in order to validate the authenticity of a property’s ownership before purchasing it. These documents play a vital role in determining the rights and obligations over the property as well as support the evidence of title and possession of it. Khatiyan is one of them. It determines the land type, portion of an owner, easement right, amount of Land Development Tax payable, etc. However, it can get a little confusing with all the different types of khatiyan and their role in the property validation process. In this article, we will gonna discuss khatiyan, its functionality, and its importance. Khatiyan Khatiyan (Record of Rights), Sottolipi, or Porcha is a document for identifying land. This documentation was introduced in 1885 under the Bengal Tenancy Act (Act No. VIII of 1885). Before the introduction of khatiyan, it was really difficult to assert anyone’s right over a…

Reading Time: 3 minutes Who wouldn’t love to live a life of luxury? If you’re stuck at home for days at a time, then it helps to have a comfortable luxurious interior. And there are few decor styles more luxurious than the eclectic interior design style. And not only is it luxurious, but also very fun and colorful. It is a great way to differentiate yourself from others, with an interior that is truly unique. This design style is a mixture of old and new concepts, all mixed into one. Let’s take a look at the eclectic interior design style. What is the Eclectic Interior Design Style? The Eclectic interior design style is a style where concepts from different design styles, both old and new, are mixed together in one space. This includes the use of different colors, textures, and materials. And you have the absolute freedom to choose what goes where. It is…

Reading Time: 4 minutes The overall risk involved when choosing a commercial property is far greater than a residential property. Whether you are thinking of renting or buying a property for commercial use, you have to be careful about credit/default risk (ability to meet financial obligation). Similarly, the regulatory risk and environmental risk impacting a commercial property are also greater than a residential property. However, there are a few important things that, if you are careful about, can reduce the overall risk factors as well as help your business to grow when choosing a commercial property. Here is a list of tips for choosing a commercial property and how to tackle these problems. Location, location, and location When choosing a commercial property, the number one factor that impacts the business is the location. Depending on the business, location can save you money, increase cash flow, reduce multiple risk factors including regulatory risk and environmental…

Reading Time: 4 minutes Since its inception in the 6th century BC, the concept of banking evolved from being just an entity offering basic services to a fully matured system capable of providing an assortment of new services. Then non-banking financial institutions or NBFIs entered the field to mitigated the limitations of banking sectors. Together they made a system that is more structured and well defined with services including accepting deposits, lending money, investment, risk pooling, contractual savings, market brokering, and so on. Of all their primary services, providing loans to customers is one of the core functionalities of these entities. Depending on the needs, banks or NBFIs offer loans under two schemes- Retail loans and Small and medium-sized enterprises (SME) loans. But what do they mean and what the differences between retail and SME loans? Here in this article, we will be discussing the 5 most notable differences between these two in detail.…

Reading Time: 3 minutes Instagram is now a major tool for publicity and blogging. Many social media influencers like food bloggers, food reviewers, vloggers, or even just product reviewers have expanded their boundaries in this business. They are always in search of places that give their videos and photos a tone of grandiose. In Dhaka, there are many restaurants as such, which are undoubtedly the places of their choice. In this blog, we have for you, the top 5 Instagrammable restaurants in Dhaka city.  Pinewood: Cafe + Kitchen  Pinewood: Cafe + Kitchen has its outlets in Banani and Dhanmondi. The central focus of attraction in this restaurant is its terrace based dining system with a mix and match of the elegant interior get up. The touch of lush green along with other natural elements has been the core elements for decor. Along with culinary delicacies, people can visit this place for some aesthetic Instagram…

Reading Time: 2 minutes Interior design at present has transcended beyond just the status symbol. Rather, we have people nowadays who are becoming more and more conscious about the design aesthetics in their business. The positive effects of interior design on businesses henceforth play a very mesmerizing role in scaling & growing the business. Another feature is creating a perspective of the business itself through a marketable interior design. Therefore, the positive effect of interior design on businesses helps a business owner to make the most out of their spaces. Here are some of the positive effects of interior designs and their impacts on a business. Brand identity reflection  The decor of your business location, headquarters, and offices mark the brand value of your business. As a result, you get a unique identity and this helps to flourish and market accordingly. Different colors and decor styles also indicate the business that you conduct. An…

Reading Time: 3 minutes On April 23rd, 2011, the High Court of Bangladesh ordered the demolition of the BGMEA Bhaban, and the demolition began this January. The building, built by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), was said to be built in an unlawful and unplanned manner. It restricted the water flow of Hatirjheel and was an eyesore in the midst of the beautiful lake. Similarly, the Shetu Bhaban which houses the Bangladesh Bridge Authority (BBA), was similarly built on illegal land in Banani, and has caused similar problems, including causing environmental damage, and creating traffic congestion. For these reasons, there have been calls for the demolition of Shetu Bhaban, especially from Mayor Atiqul Islam of the Dhaka North City Corporation (DNCC). Let’s take a look at the problems being caused by the building, and the potential benefits of the demolition of Shetu Bhaban. Environmental Damage There was a large stretch of…

Reading Time: 3 minutes Bproperty Interior has launched the Home Office Makeover Campaign on the 14th of January. In this competition, three winners in three different categories will receive a free makeover of their home office or study by participating via Social Media. The campaign, present on the Bproperty Facebook page, is open for all and anyone with the need to upgrade their working and studying space to something more welcoming and productive. Bproperty Interior Bproperty Interior offers interior design services for both commercial and residential spaces, with three different packages for each; Decorate, Renovate, and Remodel. Starting from a single room inside your home to customized furniture for large commercial spaces, the size and scope of projects are variable according to client needs. This makes it both accessible and affordable. The Bproperty Interior team consists of experts in the field of interior design, architecture, and project management, whose ultimate goal is to provide…