Real Estate Market in Dhaka, Bangladesh

The real estate market in Dhaka, Bangladesh, has seen a remarkable journey that reflects the nation's evolving population, changing economic growth, and customer tastes. The industry has had a significant influence on the development of Dhaka's urban environment.

Bangladesh's real estate sector continues to be an appealing story in the country's economic development, with a bright future and ongoing innovation. In this blog post, we will discuss the evolving landscape of the real estate market in Dhaka, Bangladesh.

Real Estate Market in Dhaka

Historical development | Real Estate Market in Dhaka

There were very few registered real estate companies in Dhaka in the 1970s when the sector first began to take shape. In the 1980s, middle-class urban dwellers showed enormous support for apartment development. It had become standard practice across all economic brackets by the late 1980s.

In addition to housing, the idea of real estate promises large profit margins and includes substantial infrastructure, model towns, and business setups. The historical evolution is an example of determination, creativity, and dedication to building environments that reflect the goals of Dhaka's dynamic populace.

The impact of the Real Estate Market on the country’s economy

With its substantial 7.96% contribution to the country's GDP, Dhaka's real estate market is essential for attaining economic stability. The impact of this industry reaches several related businesses, such as brick, cement, steel, and other building supplies.

Moreover, it is among the major businesses, ranking third only behind the agricultural and ready-made clothing sectors. The need for housing drives other sectors, which in turn boosts the economy as a whole.

Dynamics Real estate in Bangladesh

Real estate dynamics in Bangladesh

Bangladesh's real estate market is dominated by Dhaka, where the majority of businesses concentrate their projects along with Chattogram. Banks and non-banking financial institutions have made significant investments in the industry, and the demand for housing finance has reached remarkable levels.

It is noteworthy that families in the lower middle class are increasingly choosing compact flats, with dimensions ranging between 650 and 700 square feet. Despite the challenges, the real estate sector in Dhaka holds immense growth opportunities.

Recent Trends of Dhaka’s Real Estate Market

The world of real estate development and investment has been shaped by several factors, from shifting consumer preferences to technology advancements. These trends—which range from digital transformation to sustainable building methods—showcase a robust and progressive real estate market in Bangladesh's vibrant metropolitan. These tendencies will probably influence the course of Dhaka's real estate market going forward as the city grows.

Let's explore the recent trends in the real estate market:

  • Rise of studio apartments
  • Green building initiatives
  • Prefabricated steel structures
  • Digital platforms revolutionizing property solutions
  • Changing apartment size preferences
  • Recovery and rebound from the COVID-19 impact
  • Attention to ongoing projects
  • Data-driven market analysis

Swadesh Properties Limited: pioneering excellence in Dhaka's Real Estate Market

Swadesh Properties Limited has played a crucial role in promoting the real estate industry, which is an essential factor in Dhaka's economic stability. Our dedication to sustainability, quality, and client happiness puts us in a position to play a significant role in determining how Dhaka's urban landscape develops in the future.

To improve client experiences, Swadesh Properties Limited has embraced the digital age by implementing modern technologies. Contact us today to learn about our land projects.

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It is among many residential real estate projects around 300-feet Purbachal Highway. It has a nice location, but yet to be developed. Therefore, we still need to see how it grows... Read More What Muhammad Mahfuzur Rahman Says

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Muhammad Mahfuzur RahmanMuhammad Mahfuzur Rahman

One of the renowned Land Developer in Dhaka. They have two housing projects. Shornally and Sunvally. Hopefully both housing will be live shortly.... Read More What Rejaur RAHMAN Says

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Shornali Abashon is a large gated residential area developed by Swadesh Properties Ltd. The area hasn't been developed yet properly. Most lands are vacant. A very few buildings have been constructed... Read More What Tawfiq Suhas Says

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Tawfiq SuhasTawfiq Suhas

Sun valley Baridhara Abashan is a future planed residential area, situated in madani Avenue, natunbazar, near United International University (UIU). This residential area is under construction... Read More What Ahmed Mitu Says

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Ahmed MituAhmed Mitu
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