Real estate in Bangladesh has developed dramatically in recent years due to the construction boom and increasing number of high-rise buildings in the major urban centres of the country, most notably Dhaka and Chittagong.[1][2][3]

History

In 1991, REHAB (Real Estate and Housing Association of Bangladesh) was formed with only 19 members which later increased to 1,082, as of 2011. In 2000, National Housing Authority Act was adopted and approved by the national assembly and subsequently a new body named National Housing Authority was established, dissolving the former state organizations of Housing and Settlement Direction (HSD) and Deputy Commissioner Settlement (DCS). The act finally came into effect on 15 July 2001.

In Khulna, the Real estate business is growing because when the Padma bridge would be operational, Khulna will be the economical hub of Bangladesh.[4]

References

  1. ^ Mohammed Alamgir Kabir. "Cement makers coming of age". archive.thedailystar.net. Retrieved 3 January 2014.
  2. ^ Star Business Report. "Online shop opens for real estate buyers". archive.thedailystar.net. Retrieved 3 January 2014.
  3. ^ Star Business Report (2 September 2012). "Time to go vertical as land shrinks". archive.thedailystar.net. Retrieved 3 January 2014.
  4. ^ A R Properties and Developers. "Why you will buy invest in Khulna- A R Properties and Developers".

External links

Real estate in Asia
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