A condominium city is broadly defined as ownership of an individual dwelling in a multi-unit structure that includes joint-ownership of an undivided interest in the associated land and facilities held in common.
Also in Bangladesh, more and more people crave to escape the busy city and retreat to a place of peace & tranquility. National and international developers have jumped on this opportunity and condominium developments have come to rule the private sector. On Bproperty, there is a large interest for these kinds of developments and it is to be expected that these new “cities within the city” will change the city’s atmosphere drastically in the nearby future. We have highlighted some of the biggest and most successful ones up til now.
Bijoy Rakeen City
The first ever Condominium City in Dhaka!
Bijoy Rakeen City launched as the first flagship by one of the most trusted names in the real estate industry. Rakeen has the aim to provide international standard with aesthetic ambiance of a contemporary lifestyle & modern facilities. It envisions becoming the most astounding destination for a new Dhaka.
Rakeen facilitates many features & amenities such as a beautiful mosque, primary school, medical center, shopping center, gaming zone, swimming pool, ladies parlor, ATM booth and of course, 24 hours CCTV surveillance.
Located at the beginning of busy Mirpur, entering these gates will welcome you to an oasis of rest. One of the key selling points is its location; because it is connected almost immediately to Mirpur road, you will find yourself travelling to other areas such as Gulshan & Banani in almost no time.
The project is being built on 50-bigha land, with 36 residential towers of 15 stories each, and a12 storied community club. Apartments of two sizes are available at Bijoy Rakeen City – Type A Apartments with an area of 1872 square feet and Type B apartments with an area of 1553 square feet.
Navana City Within
Revolutionary changes have been made in the industry through Navana Real Estate. The Bangladeshi company is creating a condominium city complex, right across from Rakeen in hotspot Mirpur.
Its contemporary green building proposition brings a lavish, eco-friendly, customized & exceptional look with a sophisticated touch that symbolizes tranquility. Navana has segmented its city in three different sections:
Navana Urban Dale
Navana City Dale
Navana Spring Dale
All of the apartments will be fully equipped with modern amenities & the design is state-of-the-art. Many different sizes of apartments are available, ranging from 1400 to almost 1800 sq. feet.
In this project everything you could possibly need will be developed. A swimming pool, Mosque, Gymnasium, children’s play area, Navana City Within will take you from the busy city to safety and family time. The project is expected to be ready for occupancy by the end of December 2018 and will set the standard for future projects in and around Dhaka.
Rupayan City Uttara
“To be amongst the best living cities in world” is what Rupayan aims for, and therefore offers the newest organized infrastructure development of Dhaka. Its prestigious township project Rupayan City Uttara enables people to get something beyond their imagination. Through luxury condos, villa apartments, a club, health & fitness centers, provisional stores, a school, plenty of water bodies, and of course a mosque, Rupayan City Uttara will be a new way of living in Uttura. The total project will have 63% open space, of which 42% will be soakable green.
There is a segmentation planned for the city, based on 4 different areas; the commercial Rupayan Maxus, and the three residential projects, Rupayan Grand, Rupayan Majestic and Rupayan Skyvilla.
Apartment sizes start from 1865 sft for Rupayan Grand, 2045 sft for Rupayan Majestic and also 2045 sft for Rupayan Sky Villa. Rupayan Maxus will include a Cineplex, Music Hall and 5 star hotel.
Another big motivator to move to Rupayan Uttara City will be its 3-minute connection to the planned MRT.
GM Holdings Limited – Dakhina
Dakhina: A home is beyond just an apartment, because it offers so much more. GM Holdings limited creates the new condominium Dakhina, with an end goal to build a place where people can live in a quiet & gated community with multidimensional facilities.
To demonstrate the best standard in design, transparency, quality, GMHL is introducing modern condominiums between 1150 sft and 1375 sft, filled with the newest facilities. Also, there will be a medical corner, multi-purpose community hall, gymnasium, movie theater, gaming zone, BBQ area, badminton court and swimming pool. The GM Holdings project will be built on 63 bigha land and will include 4 buildings.
However, the total number of apartments will be only 182. This means that the rest of the space will be used for parks, lawns, streets & fields. The big plus therefore is that the amount of space you have to share with other people is much bigger!
The location on the right side of the airport road, close to Uttura Sector 4 enables an amazing connection to both the city center as well as anywhere outside of Dhaka.