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Reading Time: 4 minutes Steel is one of the most essential commodities when it comes to building materials in Bangladesh. But unlike other important building materials such as cement, bricks, and sand, the volatility of the price of steel in Bangladesh is much more pronounced. There are a few reasons as to why it is this way. But first, we will talk about why commodity prices (e.g. steel) are more volatile than any other consumer good. Then we will discuss the factors that directly affect the price in Bangladesh and give you a comprehensive overview of the price of steel over the past few years. Volatile commodity prices It all depends on price inelasticity. For example, if the demand for a specific type of metal suddenly surges, the global output cannot respond immediately. For that to happen, new mines must be permitted and operated along with the provision for other necessary settlement. Likewise, consumers…

Reading Time: 5 minutes Interior designing is a vast field of research and opportunities. Interior design has basic elements and various categories. Fusions of different primary and subcategories can make it even more expansive. Interior design touches our lives in many ways and provides us a positive impact. Even though it has no boundaries, the rich profusion of interior designs must follow some basic key principles. Whether you want to decorate your house in DIY fashion or to take professional help, the following 5 interior design principles can help your design be accurate with the creative expression that you desire. Balance Balance is one of the 5 interior design principles that ensures maximum utility and tangible assortment. The balance in a space is all about the visual equilibrium. This provides an even distribution of objects inside the house with respect to its size, mass, shape, volume, and position. There are 3 kinds of balances…

Reading Time: 5 minutes What comes to mind when you hear about interior designing? Some people might think it’s all about adding new features to your space. For others, they might think it’s about replacing old furniture with new ones or making major changes to the space. While these all might be true, there are other more important things or elements to consider when designing an interior. In order to make the perfect blend of elements and to come up with something aesthetically pleasing, from space to pattern, interior designers work with all sorts of things. So before you consider making new changes to the interior of your house, take these 7 basic elements of interior designing into account and see how they are interrelated with each other. Space Since interior designing mainly deals with making the most out of a given space, it makes the space itself one of the fundamental elements of…

Reading Time: 5 minutes Modern times and modern homes both call for a change towards a new aesthetic living. The place we are surrounded by greatly impacts us, sometimes beyond our realization. Starting from the way you dress up to the way you decorate your homes, everything is ultimately a projection of who you are and how unique and dynamic your taste is. Through many generations, the concept of interior designing has been viewed as something complex; mostly because people perceive it to be an expensive thing or a luxury. More often than not, people do not dare to reach out to interior designers or even bother to change the outlook of their homes. This article presents the idea regarding the positive impacts of interior designing on human lives and how it revolves around us, even though we are not always aware of it. What is Interior Designing? Interior designing is a form of…

Reading Time: 8 minutes Considering all the complexity, calculations, and risks, investing in the real estate sector, or any sector for that matter, is a complicated process. There are many people interested in investing in the real estate sector who are still oblivious to the many investment schemes and may want to know exactly how it would be profitable to invest. Keeping that in mind, we have compiled a list of different types of real estate investments and other factors (such as pros and cons) that you need to consider before investing in real estate so that you don’t have to suffer from indecision. Real estate investments: What and Why? Investing in real estate can mean so many things; from buying and/or leasing a residential or commercial property, to buying land or other real estate assets, everything can be considered an investment. Real estate is a booming industry. It always has been and is…

Reading Time: 4 minutes Many people think that interior design is only about finishing and making things look good in your home. Some people also believe interior designing only looks good on tv and not in real life. Not just these, people have a lot to say about a lot of things when it comes to interior designing. These common interior designing miscommunications can directly affect the decision making process. Today we will discuss these issues in detail and try to give you a more thorough understanding of what interior designing actually means along the way. “Hiring an interior designer is expensive” One of the most common interior designing miscommunications is that interior design is a rich people thing and hiring an interior designer is very expensive. Which is actually far from the truth. In reality, you can actually hire an interior designer at different price points. And since each room or space has…

Reading Time: 3 minutes Moving pictures or films have always been a subject of fascination for people of all ages. Pictures projected from a celluloid tape had a certain appeal to it. Although the era of celluloid has long gone, that appeal remains the same. In Bangladesh, for a long time cinema halls were the only medium of entertainment. There were 1435 cinema halls across the country altogether but that number has plummeted due to various reasons and we only have less than a hundred of them today. Economic instability, social, and political issues are some of the reasons why the number of cinema halls has dropped this much. But let’s not dig deeper into that topic but rather let’s focus on the popular cinema halls of Dhaka and how they came into being. Historical Cinema Halls “Picture House” was the first theater in Bangladesh. It was founded during World War I in Armanitola…

Reading Time: 4 minutes When purchasing a residential property, most people aim for properties that fit the budget and have the most features. While the price is the number one deciding factor for most people, it is surprising how little thought they put into why the things (e.g. price of a property) are the way they are. But again why should people care about this issue? – In real estate, the more you know about the methodology of things, the better. If you know all the deciding factors of a property’s price, you will never end up losing money regardless of you being a buyer or a seller. You will know when to hike the price and when to keep it low. Having that said, here are the top 5 deciding factors of a property’s price. Location Depending on the context, location can mean different things. For example, it can mean the location of…

Reading Time: 3 minutes RAJUK FAR rules, MGC rules, and Setback calculations are essential measurements that one should know before the construction of a house. To maintain a proper city infrastructure, RAJUK strictly imposes these set of rules. A house owner may face a penalty of forgery if they violate any of these rules. These calculations are accurate, and the developer or the house owner must be conscientious to follow them to the nearest approximate. Below we have explained Rajuk FAR rules along with the MGC. What is FAR? FAR means Floor Area Ratio. It is, therefore, the calculation of a building’s total floor area (zoning floor area) to the size of the piece of land to which it is standing. It is the calculation of the principal bulk regulation, controlling the size of the building. A one-story building covers 100% of the lot area, two stories cover 50% and four stories cover 25%.…

Reading Time: 4 minutes Infrastructure is a term that has multiple facets and derivatives. The word “Infra” denotes below. It means anything that incentivizes or initiates something working from the background that we never notice. Henceforth, infrastructure is a signifier that signifies development. The real estate sector is directly related to the infrastructure of a particular region. And therefore, it is the cursory indicator of how and at what parameters a real estate blueprint should pilot in an essential establishment. The importance of infrastructure for real estate mobilizes and has an involvement in the continuous influx of progression in eliminating constraints of development. The infrastructure of roads, highways, transportation, and mass transit systems By developing the roads, highways, and transportation, accessibility to multiple areas increases. The roads and ways interconnecting to different areas create a better communication system and the expansion of business opportunities. As a result, these areas gradually develop from rural to…