The demand for flats in and around Dhaka city will stand at around 1 lakh in the next 10 years as the government is yet to ‘play its proper role’ in meeting the growing housing needs, according to a recent study. The 40-50 age group people are more interested to buy flats within the next ... Read more
real estate
Sluggish real estate jolts glassmakers
A sluggish real estate sector has affected the growth of glass processing industry, market players said. Float-glass manufacturers, who saw a jump in domestic demand in 2009 and 2010, have been facing a sort of stagnation since early this year. “No gas and electricity in new buildings has put a brake on our growth,” said
Real estate firm fined for cutting hills
Department of Environment yesterday slapped a fine of Tk 7 lakh on RF Properties Ltd, a real estate firm, for destroying the natural balance of Prabartak Sangha hill. A team of DoE led by its Director (enforcement) Munir Chowdhury conducted the drive around 10:30am, in association with Chittagong Metropolitan Police