rehab fair - Dhaka Mirror

REHAB fair begins Feb 13 in Ctg

Admin — Mon, 11 Feb 2013 15:29:04 +0000

The ‘REHAB Fair Chittagong-2013’ will begin on Wednesday at Chittagong Zila Krira Sangstha gymnasium in the city. Real Estate and Housing Association, Chittagong zone is organising the four-day fair. A total of 64 stalls of different housing companies including nine co-sponsors are participating in the fair, said the organisers at a news briefing at the Chittagong Club on Sunday.
The fair will remain open from 10:00 am till 8:00pm.
The REHAB will also hold a raffle draw every day of the fair.
Environment and forest minister Hasan Mahmud is scheduled to inaugurate the fair while Chittagong Development Authority chairman Abdus Salam and Chittagong Metropolitan Police commissioner Mohammad Shafiqul Islam are also to attend the inaugural ceremony.
Aiming to create new accommodation for the middle class people, REHAB has been arranging the fair for the seventh time in the port city, said the organiser at the briefing.
Demanding new gas and electric line for the new
establishments in the countrywide, they also sought corporation from the government for resolving different crisis in this sector.
REHAB secretary Anisuzzaman Bhuiyan Rana, vice-president Mohammad Abdur Rashid, co-chairman Chitagong zonal standing committee SM Abu Sufiyan, convener of the fair Mizanur Rahman Khan and member and co-convener of the fair Kamal Uddin, were also present at the briefing.

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Housing fair logs Tk 620cr in sales

Admin — Wed, 09 Jan 2013 16:28:49 +0000

The biannual housing fair that ended on Sunday registered around 40 percent growth in sales of apartments and plots, compared to the previous show in June last year.
Realtors sold a total of 596 flats and 652 plots worth Tk 620 crore at the five-day show orgainsed by the Real Estate and Housing Association of Bangladesh (REHAB).
Sales at the June fair were worth around Tk 450 crore, said Anisuzzaman Bhuiyan Rana, REHAB general secretary.
However, around 70 percent new apartments still remain unsold due to an absence of gas and electricity connections, the organisers said at the closing ceremony of the show yesterday.
The sales of new flats will increase significantly if the government can give new gas and electricity connections and help arrange home loans at reduced interest rates, said Rana.
Home Minister Muhiuddin Khan Alamgir said REHAB has made three major contributions to the development of the housing sector.
The association has created a healthy competition among the realtors, introduced new technologies in the construction sector and created a demand, the minister said.
He also assured the developers of taking steps to ensure their security and stop extortion in the sector.
Around 220 real estate companies participated in the show with their land and apartment projects at Bangabandhu International Conference Centre in Dhaka.
At the show, customers also put forward some complaints about delayed handover of apartments and complexities in registration process, the organisers said in a statement.
The number of visitors at the show was more than 25,000, they added.

-With The Daily Star input

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REHAB fair begins today

Admin — Wed, 02 Jan 2013 15:50:07 +0000

The Real Estate and Housing Association of Bangladesh will begin its five-day housing fair in the city today.
The five day ‘REHAB Fair 2012’ will be held at Bangabandhu International Conference Centre from January 02 to January 06.
The fair will remain open from 11:00am to 08:00pm today and 10:00am to 08:00pm in January 3-6 for all.
A total of 226 companies — 219 real estate and developer companies, six building materials producing companies and a finance company — will display their products in 250 stalls. Among them 15 are co-sponsors.

-With New Age input

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REHAB fair begins in New York today

Admin — Sat, 06 Oct 2012 15:57:15 +0000

Amid gloomy real estate business at home, listed developers are going to arrange the ‘REHAB Fair-2012’ in New York targeting the growing Bangladesh-origin second generation and retired groups in the USA. The three-day fair, organised by the Real Estate and Housing
Association of Bangladesh begins today that will help attract prospective Bangladesh-origin US citizens to buy apartments and plots back at home.
State minister for housing and public works Abdul Mannan Khan will inaugurate the fair as chief guest while REHAB president Nasrul Hamid will be present as special guest.
‘Mainly, through the fair, we want to make the real estate market vibrant here. The fair will encourage Bangladeshis to buy plots and flats in their homeland,’ REHAB general secretary Anisuzzaman Bhuiyan Rana told the news agency over phone on Friday.
He said the growing second generation Bangladeshis in the USA was apparently somewhat apathetic towards their homeland and some were even planning to buy flats in Dubai. ‘We just want to let them know about our products and convince them to shift their plan through the fair.’
The REHAB general secretary said the USA was home to over 8 lakh Bangladeshis turning it into a big market for the real estate sector.
Some 45 real estate companies are taking part in the fair, which is the ninth such event in New York, will be held at a venue close to Jackson Heights (Soundview Broadcasting). The organisers said the overall sales of flats dropped by 40 per cent over the last two years.
Shrinking bank loan for the clients, gas and electricity crises and uncertainty over political changeover are the three main reasons for the fall in demand, they said.
They said they would remain very strict so that no illegal and unapproved project gets any chance to be there on display in the fair.

-With UNB/New Age input

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Rajuk suspends 21 firms’ registration

Admin — Mon, 19 Dec 2011 16:39:35 +0000

Illegal Land, Housing Projects
Rajuk suspends 21 firms’ registration
Rajuk yesterday suspended registration of 21 listed housing companies, including many prominent ones, for undertaking illegal land projects and selling plots at the ongoing Rehab fair in the capital.
It also served notices on around 20 other companies at the fair venue that are not listed with Rajuk, asking them to stop development of their unapproved land projects immediately.
The capital’s housing authority took the measure in the wake of repeated media reports that it allowed display and sale of unapproved land projects in the fair, violating a High Court directive.
The High Court on December 7 ordered the government to stop advertisement and flat-selling of unapproved housing projects.
The housing companies, whose registrations were suspended, include East West Properties Ltd, Ashyan Lands Development Ltd, Amin Mohammad Lands Development Ltd, Nobodoy Housing Ltd, MA Wahab and Sons Ltd, Shatabdi Housing Ltd, Biswas Builders Ltd, Metro Properties Ltd, Bhulua Royal City Private Ltd, New Vision Lands Development Ltd.
Of the well-known companies, which were served notice include BDDL, Hirajheel Properties Development Ltd, Four Seasons Holdings Ltd, Bashukunja Lands Development Ltd, Bashudha Builders Ltd, US Bangla Group, Udayan Properties Development Ltd, Purbachal NRB Homes Ltd.
The capital’s housing authority, however, spared two projects — Priya Prangan and Alifia Model Town — owned by Nasrul Hamid Bipu, a ruling party lawmaker and also president of Rehab.
Sheikh Abdul Mannan, member (planning) of Rajuk, said that they would go for filing cases against owners of illegal projects if they fail to prove the legality of their projects.
Syeda Rizwana Hasan, executive director of Bangladesh Environmental Lawyers Association (Bela), said, Rajuk could have taken a much more pro-active role beforehand.
The unapproved housing project owners have excellent skills to buy off the system, she said.
“At one point, they [illegal project owners] would argue that they have sold out plots in the fair and thus they cannot withdraw,” she added.
The owners have undertaken their illegal land projects in violation of town improvement act, master plan of Dhaka, environment conservation act and private housing development rules.
Officials of Real Estate and Housing Association of Bangladesh (Rehab), which had organised the fair, gave Rajdhani Unnayan Kartripakkha (Rajuk) the responsibility of preventing the illegal projects from the fair.
The High Court earlier declared at least 68 land projects in and around the capital city illegal.
As per Private Housing Land Development Rules of 2004, advertisement and sale of unapproved housing projects is illegal.
Private Housing Development and Management Law, 2010 has the provision of offering punishment of two years imprisonment to law-breakers or a fine of Tk10 lakh or both for their offences.
The other companies, whose registrations were suspended, are Well Care Consortium Ltd, Sabuj Chhaya Abashan Ltd, Tanshir Properties Ltd, Uttoron Properties Ltd, Nasim Group, Glorious Lands Development Ltd, Inspired Development Ltd, Atlantic Properties Ltd, Dakkhina Real Estate Ltd, Invite Properties Ltd and Bangladesh Development Company Ltd.
Ideal Real Estate Ltd, New Dhaka Alliance Ltd, Al Warish Properties Ltd, Actual Lands Development Ltd, Garden Homes and Development Ltd, Vision 21 Design and Development Ltd, Innovative Holdings Ltd, Inspired Development Ltd (Probashi Polli), Dhanshiri (BD) Ltd, AG Properties Ltd, Yes Group are the other companies that were served with notices by Rajuk.
The five-day fair of Rehab will end today.

Courtesy of The Daily Star

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REHAB fair abuzz with visitors

Admin — Sun, 18 Dec 2011 16:34:22 +0000

Hundreds of people thronged the housing fair at Bangabandhu International Conference Centre in Dhaka yesterday, although the venue was open to customers only for four hours for the best bargains.
Braving cold weather, prospective buyers of plots and apartments queued at the entrance of the fair in the evening after the third day of the five-day event was cut short due to a Victory Day discussion.
Sultan Kabir Chowdhury, a salt businessman from Chittagong, who wants to buy an apartment in Baridhara area in Dhaka, said he checked out many options to settle for one.
The Real Estate and Housing Association of Bangladesh (REHAB) has organised the fair joined by 283 real estate companies, construction materials suppliers and two financial institutions.
The large presence of visitors buoyed the real estate companies.
ASM Shahanawaz, a sales manager of Mohammadi Developers Ltd, said his company has already got booking for apartments worth Tk 3.5 crore. “In the next two days, we hope we will bag more orders.”
Mohammadi Developers is offering apartments in the city’s Mohammadpur area only with prices ranging between Tk 30 lakh and Tk 70 lakh.
Mohammad Zakir Hossain, deputy manager, sales of Rangs Properties, said the visitors are particularly queuing at the stalls of the trusted companies.
The show opens to visitors from 1:00pm to 10:00pm today and from 10:00am to 9:00pm on Monday, the concluding day.

-With The Daily Star input

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3-day Ctg REHAB fair begins today

Admin — Thu, 27 Jan 2011 11:02:14 +0000

A three-day REHAB fair starts in the port city today (Thursday). It will be the fifth fair organized by Real Estate and Housing Association of Bangladesh, Chittagong chapter. Housing and Public Works Minister Abdul Mannan Khan will inaugurate the fair at 11 am while chairman of Chittagong Development Authority Abdus Salam will attend the function as special guest. Fazle Karim Chowdhury MP, chairman of the parliamentary standing committee on public works, will attend as chief guest in the closing ceremony of the fair on January 30.

Via: The Financial Express

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