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Reading Time: 4 minutes Since its inception as an industry in 1991, Bangladesh’s housing sector has undergone many changes. It would not take long to fully mature as a thriving sector. Then the pandemic hit and changed everything. The housing sector took a massive toll before the government could take necessary measures to prevent it from falling. Although the much-needed timely actions helped the industry to stand back on its feet, they also set a new course for the real estate trend in Bangladesh. The tendency to buy secondhand/secondary properties outweighed the propensity to purchase the primary property. And with the added impact of the ongoing clash on Europe’s border, the trend seemed to have become more prevalent. But why did the direction change in recent times? And what are the factors driving secondary property’s popularity?  We will be answering all these questions in this article. Affordability with the added convenience One of the…

Reading Time: 4 minutes The demand for renting commercial space for offices, restaurants, shops or warehouses is at an all time high. Among the commercial rental properties, most people are looking for suitable office space. However, apart from office space, there is a significant demand for renting space for restaurants, shops or warehouses. There are innumerable commercial buildings in areas like Gulshan, Banani, Tejgaon, Motijheel, Mirpur, which are especially known as commercial areas. However, let’s find out from today’s blog which areas are on the list of popular commercial spaces in terms of renting commercial space in different areas of Dhaka. Gulshan-Banani Banani and Gulshan areas are known to be on the list of popular commercial spaces within Dhaka for commercial space. Gulshan already tops the list as a successful commercial area. Especially as a corporate hub, this area has offices of many reputed organizations starting from banks. And so to rent commercial space…

Reading Time: 3 minutes Buying a piece of land as an investment property is prevalent in Bangladesh. However, considering all the things that could go wrong when investing in a piece of land, the associated risk with the investment can not be ignored. From determining the right price of the land, and vetting the documents to all the legal issues in every step, there are plenty of things to consider before buying land. Miss one and you can fall victim to trickery and lose everything in the process. But there are other things such as the location, nearby amenities, and the size that can affect the value of the land. This article will discuss exactly what you should look for before buying a piece of land. Location the land Wherever you plan to build your home in the city, it is very important to have a proper understanding of the land’s location to determine…

Reading Time: 3 minutes When purchasing furniture, you will want to make sure that you take good care of it. Your painted furniture could easily last you a lifetime if you maintain a few critical aspects, depending on the quality of the material and how well you have cared for it. When it comes to taking care of wooden furniture, it is relatively easier. However, painted furniture requires a little more attention. The tops of your painted furniture will age naturally, but this is not a problem in and of itself. Instead, it adds to the piece’s personality. However, you do not want your furniture to become overly worn, and you want it to look beautiful for many years. Here are some of the most important things to remember when caring for your painted furniture to keep it in perfect condition for as long as possible. Keep it Away from Water Water and furniture…

Reading Time: 4 minutes The refrigerator is one of the most important home appliances. Not only does it play a crucial role during EID but it also plays an important role in preserving foods on any normal day. From fish and meat to vegetables and canned items, most people are dependent on this appliance for preserving foods for a longer period of time. But this is precisely where you have to be very careful with refrigerator hygiene. Because a dirty and unhygienic refrigerator can cause many health-related issues. For instance, the food spoils quicker in an uncleaned refrigerator as opposed to a clean one. Besides, eating stale foods can put us at risk for various diseases. A dirty refrigerator also gets damaged faster and can cost you money in the process. That is why keeping your refrigerator clean is very important. That being said, here are some refrigerator cleaning tips to keep your refrigerator…

Reading Time: 3 minutes The demand for buying apartments is constantly increasing in Dhaka city. The price of the apartment is increasing as well. Finding a preferred location to live in, setting a budget and deciding to invest in a property, all these things make more or less everyone worry about their investment plans. Because, finding the perfect address for the future and finding an apartment according to demand is not an easy task at all. However, Bproperty is now making this task easier. Let’s take a look at the best properties of June 2022 in today’s blog. 2,800 Sft Exclusive Apartment in Baridhara In this beautiful 2,600 sq ft apartment in Baridhara you get 4 bedrooms and 5 bathrooms. Upon entering the apartment you will find a spacious drawing room next to a spacious dining room. The kitchen also has great designs of cabinets and tiles. As a result, working in the kitchen…

Reading Time: 4 minutes The budget this year has brought forth many regulatory changes to have a good hold on the economy and maximize its growth. A number of initiatives have been taken to boost the economy by facilitating different sectors with various incentives and significant budget allocations. The real estate sector, on the other hand, is an exception. Although not in a terrible position right now, the real estate in the Fiscal Year of 2022-2023 could be in a vulnerable state due to both uncertainties in regulatory changes and certain regulatory changes. Here is what is new for real estate in the Fiscal Year of 2022-2023. Withdrawal of untaxed money investing in real estate? In FY 21, the government issued a bill in the parliament regarding the legalization of undisclosed money investing in real estate in an effort to save the sector from incurring losses. And soon after the green light from the…

Reading Time: 4 minutes Who doesn’t want to dream of owning a home inside Dhaka? But for those who are looking to buy an apartment far from the hustle and bustle of the city, in the quietest and the most peaceful areas to buy an apartment in Dhaka 2022, this article will serve them with some amazing options. Although open spaces are scarce in this densely populated growing city, Bashundhara, Aftabanagar, Lalmatia, and Nikunja offer a quiet and peaceful residential setting to live with your family. Bashundhara According to Bproperty database, the apartment price difference in Dhaka during 2020-2021 was noticeable. Especially in Bashundhara, the average sft price for a flat stood at BDT 8,136 in 2021, which was a 2% increase over the same period in 2020. The reason for that popularity increase is simple. Bashundhara is already well-known for its quiet and peaceful residential setting. Developed next to Baridhara, this huge project…

Reading Time: 5 minutes In what seemed to be a never-ending saga of uncertainties for the global economy during the pandemic, Bangladesh’s real estate sector remained somewhat steady as opposed to some countries. With the enactment of the revised budget for FY 2020-2021, a couple of new regulations were put in place to save the real estate market from the impact of pandemic. And it worked. The real estate sector bounced back and the future was looking great at the beginning of 2021. But in the wake of an armed clash on Europe’s border, the situation has become very precarious once again with the world economy on the receiving end of a fatal blow. And this time the crisis could spell even more bad news for the real estate sector in Bangladesh. Here is what happened in the real estate market in Bangladesh in FY 2021-2022?  Raw material price In the wake of the…

Reading Time: 4 minutes Whether you’re looking to settle down, invest in a fruitful rental opportunity or own a vacation home, a solid knowledge of the ever-changing global property markets is essential. Most prominent residential markets across the world are now going from strength to strength with prices outperforming projections over the past few years. When the Covid-19 hit, it sent people heading for the countryside longing for space and seclusion with privacy being the key driving force behind property sales. But as the scenario has changed, people are now coming back to the cosmopolitan hubs and the current price points are reflecting this very fact. But there are some areas in the world where property prices remained the same – for example, Monaco, the most expensive city in the world to buy property, did not witness any massive fluctuation owing to its abundance of wealthy residents. But in comparison to the most prominent…