There was a time when commercial places used to be full of people in grey suits with serious faces. But times have changed and so have businesses. Just like employees are adapting to the need of modern trade, businesses are becoming employee-centric as well. Corporate culture in our country has evolved and a major change took place in terms of office space location. Motijheel is not the only commercial hub in Dhaka right now as it has a worthy and fierce competitor, Gulshan. But clearly Gulshan alone cannot sustain the growth of modern business culture and so commercial entities are looking for growing commercial hubs within the city. Without spending much effort, anyone could predict that Banani might be the next commercial hub of Dhaka city because of its amenities.
Adjacent to Gulshan
Undoubtedly Gulshan is already an established corporate location within the city. That means, most major corporations have their offices in this area. Since no one can run a business without the help of other supporting organizations, these corporate organizations tend to have offices nearby. That way, they can save time and avoid the hassles of traffic jam to execute important business-related matters.
Now, Banani is such a location which is right beside the perfect commercial hub of Dhaka city. Therefore, it doesn’t take much time and effort to move in between these two places and maintain a smooth corporate relation. Since most reputed commercial organizations are already located in Gulshan, it becomes much easier to set up a new corporate office in Banani and operate businesses.
Accessibility
One of the major attributes of a commercial hub is that it must be accessible from multiple directions. Surely Banani qualifies for that requirement as there are direct commuting facilities to Banani from both north and south Dhaka. Being right beside airport road, Banani is privileged to have this special benefit. On top of that, one doesn’t need to take main roads to reach Gulshan from Banani. Local neighborhood roads are spacious enough for such movements. That way, corporates can easily avoid annoying traffic and save time. Not only has it made business transactions easier, it is also in favor of their employees. As mentioned earlier, these new employee-centric business approaches take such matters into account when choosing the right corporate location.
Exclusive Commercial Properties
Everyone wants to be a part of the growth and it is a common business phenomenon. Therefore, as commercial institutions look for suitable and elegant office space locations, they consider Banani a top priority. Hence, the demand for commercial spaces in Banani has been increasing over the years. As a result, many reputed developer companies took the initiative to tackle this demand by building exclusive properties in Banani and leveraged on this opportunity to fuel demand even further. That way, top companies with deep pockets can easily grab these exclusive commercial properties for their operations and brand themselves in a unique manner.
Growing Startups
Alternatively, Banani has accomodation for growing startups as well. For them, an office space doesn’t need to be fancy as long as they can work to build their company. Banani having spacious apartments, startups use them as temporary office space at a cheap rent. That way they are saving money from accomodation and investing in the right place. And landlords are happy to let them since they receive a much higher rent deposit compared to residential tenants. For startups, there cannot be any better location than Banani as they get to be right next to the big corporations and still enjoy less expensive office rent.
Area Benefits
Lastly, area benefits also play an important role to qualify as a commercial hub of Dhaka. There should be ample facilities in terms of security, safety and to be a business environment. For instance, commercial hubs usually have luxury hotels and restaurants nearby to host events or meetings. Main roads should be wide enough and buildings should have underground parking facilities. Banani has it all. Moreover, Banani is a diplomatic area and so has tight security 24/7, making the environment friendlier for international business transactions. Having all these qualities, Banani shows prospects of being the next commercial hub of Dhaka city.
What are your thoughts on Banani being the next commercial hub of Dhaka? Share your opinions with us in the comments section below!
