Malibagh is an area that, even though not very old, has garnered a lot of positive reputation for itself. It is the perfect representative of almost all the reasons and benefits of living in Dhaka South. As such, it is not surprising that the demand for flats in Malibagh continues o rise every day. To a person living in Malibagh, there are probably dozens of reasons that make it one of the best places to live in Dhaka; reasons that make others wonder if they themselves should move there. So today we’ll be highlighting 7 such excellent reasons for moving to Malibagh.
Educational Institutions
One of the primary reasons for moving to Malibagh is the assortment of great educational institutions nearby. A number of highly-regarded learning centers are located in and around Malibagh. Viqarunnisa Noon School & College, Ideal School & College, Motijheel Government Boys High School, and Notre Dame College are just some of the famous educational institutions around the area. People living here have greater access to these prestigious institutions than other places. Many renowned teachers also operate coaching centers in Malibagh where thousands of children go to study after school. Many parents who prioritize their children’s education above all else find Malibagh to be the area with the best educational institutions.
Variety of Food
Before Khilgaon or Banani became famous for foods, restaurants in Bailey Road, near Malibagh, were the main gathering grounds for food lovers along with restaurants in Dhanmondi. While the area’s popularity as a great food hub may have dwindled a bit, its capabilities have not. Malibagh is still a great place to taste a variety of foods; biriyani to pizza. The area hosts a number of international franchises like KFC and Pizza Hut along with local food chains. Every one of those places is brimming with people during the evening. There are also many up-and-coming restaurants that are very popular with young people who prefer to try new places. As far as food hubs go, Malibagh sits at a very opportune place.
Great Accessibility
Malibagh is one of the most accessible areas in all of Dhaka. However, people a decade ago would have a hard time believing this statement. While the area had always been a crucial junction within Dhaka’s road network, it was hardly easily accessible. Malibagh had always been a very busy area but without the benefit of broad roads or bypasses. That scenario dramatically changed with the unveiling of the Malibagh-Maghbazar flyover. The flyover was meticulously designed and greatly reduced traffic jams in the area. This infrastructure, along with the availability of numerous public transportations, has been a godsend to those who live there and one of the more important reasons for moving to Malibagh.
Affordable Flats
When it comes to reasons to move to Malibagh, the affordability of the properties in the area can be a deciding one. This goes for both buying and renting flats in Malibagh. People from all walks of life prefer to settle in the area but it is particularly popular with people on a limited budget. Flats between 800 sq. ft. to 1,600 sq. ft. have heavy demand among the people. Even though the demand for properties in the area is always very high, the cost is well within reach. The rent or purchase cost of flats is considerably less when compared against similar popular areas like Gulshan and Banani.
Shopping Centers
We love to shop, and Malibagh and its nearby areas are full of great shopping centers. There’s Bailey Star, the Fortune Shopping Mall, the Twin Tower Shopping Center, the Karnaphuli Shopping Mall, and the renowned Mouchak Market. All of these are very popular with the locals as well as with people from other areas. Among all the shopping malls in Dhaka, the Mouchak Market is legendary for getting great deals on quality clothes. Other malls in the area are also equipped to handle any and all shopping needs. The Bailey Road area is the original sprouting ground of many popular local clothing franchises and all of them still have outlets there. People living in Malibagh enjoy tremendous access to many great shopping centers.
Proximity to Economic Zones
One of the other main reasons for moving to Malibagh is its proximity to important economic zones in Dhaka. Bangladesh’s administrative hub, Motijheel, is just a little down the road from Malibagh. As such, many organizations and businesses were set up in and nearby the Motijheel area. Folks who have to commute to such places can quickly move to and from Malibagh without much hassle. Malibagh is also close to Old Town or Puran Dhaka. This is an enormous advantage for business owners who need to stock items regularly. And thanks to recent infrastructural developments and Hatirjheel’s ability help people avoid traffic, Gulshan isn’t too far either.
Continuous Development
Even though the Malibagh area is already well developed, there is still some scope for improvement. The governing authority is well aware of the importance and value the area holds; which is why they are trying their best to further improve the areas features and facilities. Regular development projects are undertaken to improve life in Malibagh. Thanks to such continuous development, many parts of the area today don’t become water clogged when it rains. Life in Malibagh will continue to improve as development continues.
Malibagh is an excellent place to make a home, have a family, and grow old. It is perfect for those who are hoping to make a life that has all the necessary amenities close at hand and offers excellent living conditions. So if you’re looking for a place to settle down and enjoy Dhaka’s offerings, there’s no better place than Malibagh.
What are your reasons for moving to Malibagh? Let us know in the comments section below.
