Reading Time: 2 minutes The world’s inhabitants increasingly face a choice between a quiet rural life and the faster pace of urban living. But for the vast majority, the pull of city life is likely to be strongest. The world is fast becoming more urban, with up to 70 percent of the planet predicted to be living in cities in the coming decades. What is driving this global urban swell? One answer to this question is young people. Recent census data from the United States revealed that well-educated, ambitious young adults are increasingly choosing to call urban areas home. And this trend is not limited to the developed world. These are the fastest growing cities in emerging markets that are leading the pack for urbanization, with an increasing number of young people relocating from rural areas in search of better work opportunities. Dhaka, Bangladesh Current population: About 10 million Projected population: 17 million by…
Reading Time: 2 minutes Ensuring financial freedom is a goal for most people. Investing your pension in only one highly specialized fund could be too risky. Inflation is growing steadily throughout the world’s economies, with cash investments gradually losing their value. Is there an alternative investment option? Investing in revenue streams that earn you a positive cash flow is key; learning to handle inflation and balancing your portfolio is crucial and this can be achieved by combining a diverse set of assets. Many investors over the past five years have been badly bitten, by even the most solidly performing shares; these investors are looking to income-producing real estate as an alternative. Tax-free cash flow One of the main benefits of income-producing real estate is: because of depreciation and mortgage interest deductions (if you leverage your capital), tax-free cash flows. The investor can wait for capital gains on the sale of the property in the…
Reading Time: 4 minutes Unlike residential properties, commercial properties are much more sensitive to deal with. This is usually because there are several essential business decisions and objectives hinging on the purchase decision of commercial properties. Commercial properties are valued differently as well and result in more yield for the landlord than a residential one in the same location. Hence, dealing with commercial properties is a bit different and here’s what you need to know while dealing with the commercial estate. Here are a few tips for landlords to make your commercial property more desirable. Desirability of the Commercial Property Businesses find a property desirable (apart from the basic size and price conditions) based on the utilities present, safety guarantees and relationship with the landlord. It becomes incredibly imperative that properties meet these demands in order to be in the running for purchase. These orbiting concerns of a property are what really add value…
Reading Time: 3 minutes People are social creatures (some more than others, of course) and that drives them to meeting and engaging with others. So when you live so close to other people, how can you not get to know your neighbors? But apart from just the randomness of meeting someone, neighbors can play a big role in your daily lives. Here in Bangladesh, not knowing your neighbors is difficult to stomach. People are so social, everyone knows almost everything that’s going on in the neighborhood. So, are you the type to give your neighbors a little nod on your way home, or do you block them out entirely? Here are some of the things you might find out about them. undiscovered Friends Meeting new people gets more tedious as you get older, but a great place to look is next door. Don’t be afraid to get to know your neighbors. People can surprise…
Reading Time: 7 minutes Looking for a rental apartment has become easier than ever, especially with online portals such as bproperty.com. But are you just looking for a place to exist or are you looking for a place to be comfortable and yourself? We’ve got a checklist of more dire things to consider before renting an apartment. But there are tons more things to look at and we’ll be going over the more overlooked things that are actually quite important when renting an apartment. The Basics Size, number of rooms, location and price. These are basically what a house is, so these have to be looked at. We really won’t get into it since it’s so base but it’s worth mentioning how important it is to know what you actually want or need from a home. Don’t get a 3000 sft apartment if you plan on living alone; it’ll get pretty boring unless you throw…
Reading Time: 3 minutes Tired of keeping the kitchen clean? Do messy computer cables always get on your nerves? Organizing your home can be difficult sometimes. We know how much you love to keep everything in order. Just to make your job a bit easier, we came up with these easy storage and organization hacks for your home. Magnetic Strip Holders It is very common to misplace a spoon from a spoon set or maybe you’ve lost some cutlery? To solve this, use a magnetic strip holder. As far as storage and organization goes, these come in really handy. As most of the kitchen utensils are made of metals, why not? Install it somewhere convenient in your kitchen or in your dining room and you will never misplace these items again. Shoe Boxes Shoe boxes can come in really handy if you use them right. You can use them for the storage and organization of…
Reading Time: 3 minutes Of the many items that complete our homes, mirrors are our favorite. Mirror designs not only help us perfect our appearances, they also help decorate our rooms. Mirrors in designs can solve dilemmas regarding decorative ideas in our small or large houses in Dhaka, by amplifying lights and breaking up visual clutter. Using different types of mirrors Although the classic round or rectangular mirrors are commonly used by people in Dhaka, geometric patterns or detailed mirror designs and intricate curving can make rooms even more alluring. Mirror designs such as these can be found in shops like Home Décor, Aarong, Jatra or Bishwo Rang. Online stores such as Daraz, Ajkerdeal and Bagdoom also show a variety of uncommon mirrors as soon as you type the word “mirror” in the search bar. The more the merrier In case of mirrors deigns for room decorations, conventional wisdom says to have one per…
Reading Time: 5 minutes Thinking of selling your property? Now, a great way to do this is to put it up for sale on Bproperty.com (great way, actually). And yes there are lots of ways to make your house sellable. But to make it visible, one of the steps that really makes your property stand out and a great way to show it off is to have an open house. So what are some of the things you should do when hosting an open house? Super Clean This definitely goes without saying, but it’s so important, we have to mention it. Clean the place. Everything. Every nook and cranny must be cleaned when hosting an open house. You never know where someone is going to look and what they may be looking for. You want to give any viewer the impression that this property is beautiful and has been well looked after. Think ‘successful…
Reading Time: 4 minutes We have many spectacular listings and apartments in our database but some stand out more than others. With offerings that go beyond just four walls and a roof, some properties provide a way of life that is hard to compete against. Today we would like to highlight one of our exceptional projects; Tokyo City in Uttara. The Project Welcome to Tokyo City, by Tokyo Development Engineers Limited; a beautiful residential compound in Uttara. The project is made up of three buildings in total; Tokyo Square, Tokyo Green Square and Tokyo Rose of which Bproperty looks after Tokyo Square and Tokyo Green Square. Each building consists of a basement, ground and 9 additional floors and 2 lifts per building, housing 72 apartments in total with 72 parking spots; 1 for each unit. Though many were booked a long time ago, Bproperty managed to get exclusivity for quite a number of 3…
Reading Time: 4 minutes We all know how much we put behind keeping our houses and offices in top shape; whether it’s to create a great living space, work area or in preparation of a sale. We love making renovations that make the place easier to navigate or look ever better. But have you ever wondered how and which property renovations affect resale value? Here’s a quick glance to get you thinking. Bathroom Remodeling Everyone loves a great bathroom. Not to sound too obsessed but a great bathroom is half the sale. So when you’re working on remodeling the bathroom/s, make sure you do it smart. Keep it clean and simple but also modern and if possible, spacious. No one wants to go in a cramped spot. Also, style goes miles in which case you may want to look at some modern shower designs to improve on this aspect. As for the confusion of bathtub…