Md. Dayan Al Noor, Author at A blog about homes, trends, tips & life | Bproperty

Trends January 23, 2019

WHY PROPERTY LOCATION MATTERS SO MUCH

Reading Time: 4 minutes It is not uncommon in the real estate sector to primarily judge a property by its location. Usually, most people would initially ask about the location in the first place to get an idea. That’s because location is not only limited to the area attribute and geographical positioning of the estate. Several other associated characteristics are equally important. Compared to all other amenities, it is much easier to generalize a property by location. Therefore, importance of property location is paramount to create a perception. But what are these factors that make location so important? If you are looking to purchase an apartment soon, let’s find out why location matters in real estate. Price of The Property Why do similar properties in the same area have almost similar prices but price varies for a different location? The difference may lie with some of the fundamental characteristics of the area such as…

Trends January 21, 2019

THINGS TO ASK LANDLORDS BEFORE RENTING

Reading Time: 4 minutes Finding a new place to live is exciting and it is easy to get caught up in the moment. But, before you decide to move in and start packing, are you sure this is the right home for you and your family? There are several factors to consider before shifting to a new apartment. However, many of the tenants in our country prioritize the most important needs while searching for a rental apartment in Dhaka. That way, when the requirement is met, they tend to agree on the rest of the terms with landlords just to get a hold of the property. But if you want to ensure the right accommodation, there are few questions to ask before renting a property. How Much Is The Security Deposit? Apart from the most obvious question of asking ‘how much is the rent?’, you should also ask about the security deposit. Because just…

Pulse January 18, 2019

SHOULD YOU RENT OR BUY COMMERCIAL SPACES

Reading Time: 5 minutes Grabbing the right commercial space is crucial for businesses. With proper utilization and strategies, a good office location can bring in huge business for any organization. Since every penny matters in a business operation, every decision has to be precise for optimum efficiency and profitability. Getting your hands on a commercial property is no different. All organizations have unique operations, cultures, strategies, and values. Therefore, the decision to buy or rent commercial space is purely subjective and depends on several factors. Recent trends show that for commercial property, it is easier and more cost-effective to go for a rental. However, both buying and renting commercial properties have pros and cons. As a decision maker, you should choose the option that best suits you and the company. And to help, we have a few factors you should consider whether to buy or rent commercial space. Up-front Costs Obviously purchasing a commercial…

Trends January 12, 2019

5 WAYS TO RETAIN TENANTS FOR A LONGER TIME PERIOD

Reading Time: 4 minutes Renting property has always been a good and stable source of income for landlords. Primarily because it generates a monthly return with minimum effort. Plus, demand for accommodation, especially in the city areas, is on the rise. Due to unbearable traffic and low availability of funds for housing, most people prefer rental apartments. It allows them to adjust to the increasing cost of living in the city and also create deposits for the future. However, in many cases, tenants switch homes for their own needs and one of these reasons can be a bitter relationship with landlords. It not only costs tenants more money due to switching, landlords also suffer by having a vacant apartment to let. If you are a landlord and are trying to mitigate this problem, then let’s look into some of the best ways to keep tenants for longer period. Proper Maintenance The core benefit tenants…

Trends January 10, 2019

IMPORTANT THINGS TO CONSIDER WHEN BUYING LAND

Reading Time: 5 minutes Purchasing land is mostly regarded as a long-term investment. Because it usually takes time for the property and the area of the property to develop and become profitable. That’s why many people start investing in land early compared to others. It is a good approach since that way you get more time to weigh out the pros and cons. Also, as purchasing land requires a large sum of money, it is essential you know what you are getting into. Therefore, before you start investing, there are some factors you should consider when purchasing land and for making a better decision. Let’s go through some of the land buying factors. Location of the Property Regardless of the property type, location is always the most important factor to consider before purchasing the estate. That’s because location is an umbrella term and there are several land buying factors automatically come with it. For…

Tips January 8, 2019

5 TIPS ON HOW TO IDENTIFY A HIGH-QUALITY LAND

Reading Time: 4 minutes Land is normally considered for long-term investments. Because unless you are ready to build your estate on the property, it takes time for the price to appreciate. That’s why most people prefer to purchase land way ahead of their core investment plan. Side by side, in the context of Bangladesh, there is hardly any available land in urban areas. Most of them are either on the outskirts of the city or in suburbs/rural areas. These areas are yet to develop but people are actively buying them for, one, their lower prices and two, the demand for accomodation in the future. Therefore, if you are planning to purchase land in Bangladesh, you need to plan ahead. And since it is for a long-term investment, finding the right plot is a key factor for a fruitful investment. Let’s see a couple of land buying tips on how you can identify high-quality estates. Accessibility…

Pulse January 6, 2019

MISTAKES TO AVOID BEFORE RENTING AN APARTMENT

Reading Time: 4 minutes A large number of people in Bangladesh belong to the middle-income population. For them, living in rental apartments might be the only choice. Therefore the demand for rental flats in Dhaka have increased significantly over the last decade, especially in urban areas. Due to several reasons, like the increasing cost of living in the city, people tend to shift their homes frequently. And as the competition is high among tenants to get the best possible deal, a lot of the time they tend to make mistakes while renting an apartment. If you live in rental flats in Dhaka and planning to move soon, then you should be aware of these aspects too. Let’s take a look at some critical mistakes you should avoid before renting an apartment. Inadequate Research A major mistake most tenants make is not doing any research prior to renting an apartment. Most of the time people…

Trends January 2, 2019

THINGS TO CONSIDER WHILE ASSESSING A LAND FOR CONSTRUCTION

Reading Time: 4 minutes Land is a purposeful investment. Unlike any other investment grade asset, it guarantees a high return over a certain period of time. Although the property itself is valuable, you can certainly make it increase the price of the property by creating other opportunities. One can be by constructing a building on the property. It also works great for preventing illegal land grabbing practices. But how would you know if your land is ready for construction? And even if the ground is ready, what other things should be considered before starting the construction project? Let’s take a look at some important factors to consider before construction. Soil Condition Undoubtedly, a soil test is the primary and one of the most important factors to consider before construction. This soil test will reveal the type of soil(s) in the property. Based on that, engineers will recommend a proper foundation method, which will ultimately…

Pulse December 31, 2018

TOP 5 PROPERTIES OF THE MONTH – DECEMBER 2018

Reading Time: 5 minutes Investing in property means an investment for the rest of your life. That’s why when it comes to purchasing an apartment, most people go through a detailed decision-making process. After all, a right decision can ensure a secured future. On that note, are you planning to purchase an apartment anytime soon? Because if you are, then this is just the right time. Compared to most investment options, real estate investments are generating a handsome return. Plus, as our country is developing at a fast pace, demand for urban accomodation is going to increase in future. That means your current investment will generate returns in no time. However, if you are looking for a permanent settlement, then buying an apartment now would be less expensive, considering the increase in price in future. Whichever your reason is, it starts with finding the right apartment. So let’s take a look at the top…

Pulse December 29, 2018

TOP COMMERCIAL PROPERTIES OF THE MONTH – DECEMBER 2018

Reading Time: 4 minutes Brand is the identity of your business. What you do and how you choose to do your business creates a perception in people’s mind. That’s how businesses create brands. One of the major aspects of a business is their office location because it works like an initial touch point for all the stakeholders. Additionally, office location can be the key point that makes or breaks your business because of the area facilities. That’s why many companies spend a great amount of time figuring out the right strategy and the right location. Are you looking for suitable office space for your company? We have picked some of the top commercial properties in Dhaka that will serve you just right. Let’s take a look. 5,170 Sq. Ft. Commercial Space In Gulshan 1 Among the new generation of companies, Gulshan is the perfect commercial hub in Dhaka. Not just because of the area…