Kawsar Khan
Rupayan Housing Estate Ltd has constructed around 800 small and medium-sized apartments at a satellite township in Narayanganj that the company officials said were built targeting the middle-class families as clients.
The apartments are housed in 28 buildings over a 19-bigha land in Bhuigar area of the district, a nine-kilometre ride from the zero point in Dhaka, said the officials of Rupayan.
“Except installation of lifts, other works have already been completed,” Ehsanur Rahman, deputy general manager (Marketing and Sales) of the company, said, adding that they would install one lift in each eight-storied building.
The construction works of the project began in 2004 and the company will inaugurate the project through a three-day gala function beginning from April 18 in Dhaka.
Although the project works began over five years ago, the company did not go for any marketing drive or did not sell the apartments in advance, as it wanted to sell ready flats at the current market price.
“We estimated that selling ready flats will be more profitable,” Rahman said.
The size of the flats ranges between 800 square feet and 1,130 sft, each floor having four units.
Without disclosing the exact prices of the apartments, the company sources said people would be able to buy the apartments at prices from Tk 20 lakh to Tk 35 lakh.
High land price has made flat prices very high in Dhaka, that are beyond the reach of middle-class customers, the company official said, adding that people will be able to buy flats at the township at much lower prices than those in the capital.
The township was built at a part of the 43-bigha land owned by the company, which came to business in 1999.
“It’s a dream project for us and we will think of another township project in the remaining land if the existing project proves successful,” said Rahman.
Company sources said the township will offer all types of civic amenities that include market, playground, utility services, and transportation to make dwellings attractive.
“There is a four-storied market at the township where the dwellers will get all types of products required in daily life,” Rahman said.
“Our special bus service will connect the main road with the township, a 300-foot distance,” he said.
Courtesy: thedailystar.net
