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

Pulse November 23, 2018

BEST AREAS FOR EXPATS TO LIVE IN DHAKA

Reading Time: 4 minutes It is not uncommon to be concerned about your next home in a foreign land, regardless of the country you are planning to move into. Dhaka, Bangladesh is now one of the most prospective cities in the world to host expats working for Multinational Corporations. Since this country has one of the highest growth rates both among South Asian nations and in the world, moving to Dhaka can offer great opportunities for expats. But before you do, obviously you have to conduct some research about expats moving to Dhaka. An important thing to consider before shifting is location. Because a lot of factors such as safety, security, food, and transportation, among other things, depend on location the most. Let’s take a look at some preferred places for expats to live in Dhaka. It will help you get an idea of the neighborhoods to make your own decision. Gulshan If you…

Trends November 18, 2018

TYPES OF REAL ESTATE DEVELOPMENTS IN BANGLADESH

Reading Time: 4 minutes The private housing sector in Bangladesh started its journey in the 1970s. Over the last two decades, the real estate industry in Bangladesh has grown and demand has increased due to a high urbanization rate. Especially after 1990, an industrial boom sprang in the country. It initiated the need for industrial buildings, corporate offices, housing units, roads and other types of infrastructure. To supply the market’s needs and grab the business opportunity, several real estate development companies entered the industry. Delivering quality and gradually gaining trust, a handful of developers are now dominating the real estate sector across multiple segments. Let’s go through these segments of real estate developments in Bangladesh. Conventional Residential Apartments Studies indicate that Dhaka has an increasing urbanization rate of 3.25% per annum. Due to rapid rural to urban migration and high population growth, more people choose Dhaka as their destination for better opportunities. Since the…

Trends November 14, 2018

HOW THE REAL ESTATE SECTOR IMPACTS THE BANGLADESH STOCK MARKET

Reading Time: 4 minutes Real estate and stock market are two vital parts of Bangladesh’s economy. Where real estate business only deals with properties, the stock market doesn’t have any particular products or services. Instead, it works as an intermediary and provides a platform to list companies for stock transactions. Real estate is one of the sectors listed in the exchange out of a total of 22 industries. Since both of them function as investment options, they can impact each other and benefit from one another as well. Let’s find out how real estate effects the stock market. Purpose of Investment Before getting into how real estate effects the stock market, let’s take a look at why companies and individuals go for stocks in the first place. Any share of a company in the market represents a right to equity of that particular organization. In exchange for the equity, the individuals or other entities…

Pulse November 11, 2018

COST OF LIVING IN DHAKA AND ITS IMPLICATIONS

Reading Time: 5 minutes According to the Economist Intelligence Unit’s (EIU) Worldwide Cost of Living Index 2018, Dhaka ranks 72nd in the list. A year ago, Dhaka was 10 places higher, indicating that it has become cheaper with time. Then again, in contrast to other South Asian cities like Bangalore, Chennai, Delhi, and Karachi, Dhaka ranks much higher. This means that compared to those cities, the cost of living in Dhaka is still much higher than neighboring countries. Having mostly similar geographic and demographic conditions, this deviation in living expenses is a big concern for the development of the country. Let’s take a deeper look into the matter. Historical Comparison of Commodities The Consumers Association of Bangladesh (CAB) monitors the cost of living in Dhaka every year. According to them, this cost has risen approximately 71% over the span of the last ten years. They monitor changes by calculating the market prices of 114…

Tips November 8, 2018

ESSENTIALS FOR BBQ PARTIES AT HOME & WHERE TO FIND THEM

Reading Time: 5 minutes BBQ parties are a great way to meet and spend time with friends and families. All that late night chatter and first time cooking experiences make the party even more lively and fun. It is not uncommon to come up with a sudden get-together plan with friends for BBQ parties at home. However, the real challenge comes when organizing the party. Yes, a BBQ is fun, but there are certain equipments you need for a hassle-free event. If not experienced, chances are you would go through the trouble of finding the bbq essentials as well. To ensure you have everything you need, take a look below. We have listed a few planning a bbq party essentials and where to find them in Dhaka. Grilling Equipments Grilling is the heart of bbq, right? So you have to manage grilling items before arranging a bbq party. Everyone has their own preference when picking…

Trends November 2, 2018

BANGLADESH REAL ESTATE AND IMPACT ON ANCILLARY INDUSTRIES

Reading Time: 5 minutes Bangladesh is currently one of the fastest growing economies in the world. In a recent publication, HSBC mentioned our economy would continue to grow at approximately 7.1% till 2030, making Bangladesh the 26th largest economy in the world from the current 42nd position. Undoubtedly, there is massive room for development in Bangladesh, and the possibilities of that happening are quite high. A significant portion of this robust change will take place concentrating on infrastructure and the Bangladesh real estate sector, impacting the growth of ancillary industries simultaneously. Following the trend of the economy, drivers of the property market have been performing exceedingly well in recent years. On top of that, budget FY 18-19 was favorable to the real estate sector as well. Even though the market experienced a recession back in 2012, realtors are hopeful of recovery in the upcoming years. A significant part of the development is stimulating the growth of…

Pulse October 28, 2018

PROPERTIES OF THE MONTH – OCTOBER 2018

Reading Time: 5 minutes Looking for properties can be an arduous task, especially if you are a new home buyer. An apartment is an investment for life. You don’t just look for a suitable place for yourself but for future generations as well. , We have picked out some of the best properties of the month for October 2018. So before you start your arduous search, take a look at our top choices; your dream apartment might be right here! 2,024 Sq. Ft. Apartment In Bashundhara Block C Bashundhara is one of the top trending residential areas of Dhaka right now. That is because it a planned community solely dedicated for residential purposes and has some of the best apartments for sale within Dhaka. Many modern amenities like Jamuna Future Park and Apollo Hospitals are located in Bashundhara. Educational facilities within this community are also top notch with institutions like North South University and…

Trends October 24, 2018

DRIVER POINTS OF THE BANGLADESH REAL ESTATE MARKET

Reading Time: 4 minutes Real estate development is a value-adding service concerning land and construction of residential, commercial, industrial and related infrastructure. It is one of the major drivers of a nation’s economic development and industrialization. In Bangladesh, the property market is no different although the concept of real estate is relatively new compared to neighboring countries. Within a short period, this sector has gone through some major ups and downs. Since it has a strong multiplier effect on economic activities, the growth of the country heavily depends on real estate development. However, what factors drive such an important industry? Let’s a take a look at some of the critical driver points of real estate in Bangladesh. Availability of Raw Land Raw land is one of the essential features of real estate development as it is a vital part of construction and the expansion of the business. Availability of large under-developed land helps developers…

Pulse October 21, 2018

TOP LUXURY APARTMENTS IN DHAKA TO GET YOUR HANDS ON RIGHT NOW

Reading Time: 4 minutes While Bangladesh has an increasing demand for mid-sized homes, there is also a niche market consisting luxury apartments for sale in Dhaka that is slowly taking shape. Local developers identify and segment this market mostly based on location and income group. With the continuous growth of the economy and the Bangladesh Real Estate sectors, more people are now interested in purchasing the finest properties in town. Are you looking for something similar to build your very own sanctuary? If yes, then you are in the right place. Bproperty is the largest real estate portal in the country with a wide selection of products. Let’s take a look at some of the top luxury apartments for sale in Dhaka right now! 2,543 Sq. Ft. Apartment In Uttara Sector 5 Uttara is one of the fastest growing residential areas of Dhaka. That’s because most everyday necessities are available just around the corner.…

Tips October 19, 2018

WHAT EXPATS NEED TO KNOW BEFORE MOVING TO DHAKA

Reading Time: 5 minutes Moving to a different country or city indeed requires some prior research. Especially when you are shifting mainly for job purposes. Usually, when a country grows economically, it creates more job opportunities for locals and expats. Dhaka, Bangladesh is one of the fastest developing cities in the world at the moment. There are several benefits of living in Dhaka and one of them is the market demand for skilled labor. So, if you are looking for jobs abroad, moving to Dhaka is a great choice. However, before you embark on your new journey, it is always better to outline settlement plans and know more about the city. Here are a few things about Dhaka that any expats should know before moving to the capital of Bangladesh. Climate of Dhaka One of the first things to consider for expats moving to Dhaka is the climate. Since expats will be coming from…