"Esho hey Baishakh, Esho, Esho"..... Shuvo Nababarsha.
Greetings of Bangla New Year 1416 from myRealEstateBD.com
Thousands of city dwellers thronged in and around the capital’s Ramna Batamul area at dawn yesterday to greet the Bangla New Year 1416 amid unprecedented security.
Women wearing colourful saris and men in panjabi and pyjama turned out early in the morning to dance and sing in the lush green Ramna Park, the focal point of celebrations in the capital, to welcome year 1416 in the Bangla calendar while troops with sniffer dogs circled round.
Thousands of people gathered at Ramna Udyan where the artistes of cultural organisation Chhayanaut sang the traditional Pahela Baishakh song of Rabindranath Tagore -- "Esho hey Baishakh esho esho"-- to welcome the Bangla New Year.
Wednesday, April 15, 2009
Wednesday, January 28, 2009
REHAB Fair Chittagong 2009 starts on January 29, 2009
REHAB Fair Chittagong 2009 begins from tomorrow 29 January at Chittagong Club, Chittagong.
Real Estate and Housing Association of Bangladesh (REHAB) has organized a 3-day long housing and real estate fair at Chittagong, it starts on 29 January and ends on 31 January, 2009. The venue of the fair is Chittagong Club, Chittagong.
Total 68 Real Estate and Financial organizations of Dhaka and Chittagong is participating in the fair. The fair will open at 10am and close at 9pm each of the 3-days.
Visit: www.myRealEstateBD.com for updated Real Estate information of Bangladesh.
Thursday, December 18, 2008
RAJUK extended time for application upto 15 January, 2009 for Uttara and Purbachal
RAJUK has extended time upto 15 January, 2009 for application of allotment of Plot at Purbachal and Uttara Extended 3rd Phase Project.
Dhaka improvement authority ‘Rajdhani Unnayan Kartipakkha (RAJUK)’ has extended time upto 15 January, 2009 to apply for allotment of plot of land at Uttara Extended 3rd Phase and Purbachal New Town Project at Dhaka due to huge rush of applicants.
RAJUK officials said the last date for procuring forms is now 14 January and that for submitting those is 15 January 2009 , instead of 17 and 18 December, 2008 as per the previous call.
At a press conference the Secretary, Ministry of Housing and Public Works, Government of Bangladesh has told that 1 lac 20 thousand flats/ apartments will be built at the 3 RAJUK projects Uttara Extended 3rd Phase, Purbachal and Jhilmil and shall be allotted among the interested persons in similar way.
For latest Bangladesh Real Estate info visit: myRealEstateBD.com
Wednesday, November 26, 2008
RAJUK has invited application for Allotment of Plot at Uttara & Purbachal
Dhaka development authority "Rajdhani Unnayan Kartipakkha (RAJUK)" has invited application for allotment of plot at Extended Uttara 3rd Phase and Purbachal New Town Project. Available Plot sizes at Uttara are 3 & 5-Katha and Purbachal are 3, 5, 7.5 & 10-Katha.
View and Advertise Bangladesh Real Estate Apartment, Plot, Flat, Land, Commercial Floor or Shop Buy, Sale, Rent or Share advertisements at http://www.myRealEstateBD.com FREE.
Last date of application for both the projects is December 18, 2008. NRB's will also be able to apply for the plots through internet. The address of RAJUK web site is given below for your convenience.
Following is the original advertisement published by the authority:
For more information you may visit the RAJUK's web site: http://www.rajukdhaka.gov.bd/
For latest updates about Bangladesh Real Estate sector visite http://www.myrealestatebd.com/
Wednesday, November 12, 2008
REHAB fair Dhaka 2008 begins
Real Estate and Housing Association of Bangladesh (REHAB) has organized a fair
The REHAB Fair, Dhaka 2008 started on November 11, 2008 and it will continue up to November 15, 2008 and it is open for all.
For updates about real estate market of Bangladesh visit: http://www.myrealestatebd.com/
The REHAB Fair, Dhaka 2008 at 'Bangladesh China Friendship Convention Center' has been inaugurated by the public works adviser of Bangladesh Government Major General (Rtd.) Ghulam Quader on November 11, 2008. This years rehab fair slogan is "Select the environmental friendly dream home for you."
The REHAB Fair, Dhaka 2008 has been organized by Real Estate and Housing Association of Bangladesh (REHAB). The five day long fair will be closed on Saturday, November 15, 2008 and it is open from 10am to 8pm. The entry fee is Tk.50/- per head single entry and Tk.100/- per head multiple entry for all the 5 days. The rehab informed that the entry fee will be donated to various social welfare organizations on behalf of REHAB.
REHAB organizes its most colorful annual event, REHAB Fair each year in Bangladesh for the member developers, financial institutions and building material providers to foster the growth of Real Estate Sector at local market and creates opportunity for the buyers to choose their desired apartment, plot and commercial spaces reviewing several projects at a single place.
A total of 187 REHAB member realtors and 5 financial organizations at participating in the fair.
View and post free buy/ sale/ rent advertisements of Bangladesh Real Estate apartment/ flat, plot/ land, house/ building, shop/ commercial space and mess/ share accommodation at www.myRealEstateBD.com
The REHAB Fair, Dhaka 2008 started on November 11, 2008 and it will continue up to November 15, 2008 and it is open for all.For updates about real estate market of Bangladesh visit: http://www.myrealestatebd.com/
The REHAB Fair, Dhaka 2008 has been organized by Real Estate and Housing Association of Bangladesh (REHAB). The five day long fair will be closed on Saturday, November 15, 2008 and it is open from 10am to 8pm. The entry fee is Tk.50/- per head single entry and Tk.100/- per head multiple entry for all the 5 days. The rehab informed that the entry fee will be donated to various social welfare organizations on behalf of REHAB.
REHAB organizes its most colorful annual event, REHAB Fair each year in Bangladesh for the member developers, financial institutions and building material providers to foster the growth of Real Estate Sector at local market and creates opportunity for the buyers to choose their desired apartment, plot and commercial spaces reviewing several projects at a single place.
A total of 187 REHAB member realtors and 5 financial organizations at participating in the fair.
View and post free buy/ sale/ rent advertisements of Bangladesh Real Estate apartment/ flat, plot/ land, house/ building, shop/ commercial space and mess/ share accommodation at www.myRealEstateBD.com
Monday, October 6, 2008
REHAB Housing Fair, USA 2008
REHAB Housing Fair-2008 in the USA.
Real Estate and Housing Association of Bangladesh (REHAB) has organized it’s next fair in New York, USA from 18th to 20th October, 2008 at Hotel Hilton. And from 23rd October, 2008 at Florida, USA.
It is a great opportunity for the Bangladeshi Citizens living in the USA to purchase Bangladeshi Real Estate Property from the top listed REHAB Member Realtors directly.
It is expected that 60 most reputed Real Estate & Housing Companies of Bangladesh is going to participate in this REHAB Fair.
Friday, September 26, 2008
Proposed Bangladesh 'Real Estate Management Ordinance 2008'
The Bangladesh Government and the Real Estate developers are apparently at loggerhead over the enactment of a draft ordinance named as 'Real Estate Management Ordinance 2008,' which is intended to regulate the country's booming real estate sector. The law ministry has been asked to place the draft before the council shortly for its final nod. The draft regulation stipulates jail terms and financial penalties for delinquent developers.
For Bangladesh Real Estate Update please Visit: myRealEstateBd.com
The government officials sat with the leaders of the Real Estate and Housing Association of Bangladesh (REHAB) quite a number of times to make the new laws and regulations acceptable to both the parties. The REHAB submitted a set of recommendations to the government for incorporating those in the ordinance. But after the passage of the draft ordinance, it was seen that those were left unnoticed. The REHAB quickly came up with a notice that if the ordinance is implemented, it will destroy the real estate sector, which accounts for around 11 per cent GDP.
Visit: myRealEstateBd.com to view Bangladesh Real Estate Apartment/Plot/Floor Space Buy/Sale/Rent leads.
Allegations of fraud and deception in handing over plots or flats, and illegal encroachment of private and public land are rife against a section of real estate companies. Many innocent people are often lured by false assurances of hole-in-the-wall housing companies due to lax monitoring of the sector, prompting the government to initiate the move to bring the fast-growing sector under a stringent law.
To stay updated about Bangladesh Real Estate Property Market click: myRealEstateBd.com
It suggested that real estate companies must obtain registration from the authorities concerned and get project designs approved under the Private Housing Project Land Development Rules-2004. An occupancy certificate is a must for handover of any plot or flat. The companies must clearly state in their prospectuses the consequences of failure to pay the installments by the buyers, and they must not sell out the flats of defaulters to third parties within 90 days of notification. The draft law stipulates that real estate companies will have to return the entire money along with interest to the buyers in three months' time in case of missing handover deadlines.
The developers have to take initiatives for ensuring utility services in the project areas. If any company is found that it starts the project work without permission, the company will be fined up to Tk 1.0 million and its executives may be punished with three years of imprisonment. It also imposes bar against mortgage of any plot or flat before it is handed over to its owner. Developers will be fined for failing to inform its clients before-hand about the mortgage of any complete or under-construction land, apartment or space. Besides, there will be penalties for not using agreed materials in construction and suspending a project without consulting clients.
The people, mainly the clients of new flats and plots are largely satisfied with the provisions of the new law. They said it might be able to reduce their sufferings to some extent. But it is apprehended that the government might not be able to implement it since the developers are very influential and can dictate terms.
As per ordinance, developers cannot file any case against those government officials who are responsible for supervising the activities of their activities. Yet any official from the developer's side can be fined or jailed for violating any clause of the ordinance. This is highly immoral and contrary to ethical norms, said the REHAB. No good and meritorious person will like to remain in the real estate sector, it added. The REHAB has over 350 members as of now. Besides them, a number of companies are now operating in small scale. The service sector witnessed a rapid growth in the last two decades, employing tens of thousands of workers in construction work and contributing to the expansion of related sectors like cement and steel.
The recent moderate earthquakes that hit Dhaka and adjoining area caused development experts in Bangladesh to contemplate the possible scenario of deaths and destruction in case an earthquake of severe intensity. Thousands of high-rise apartments were constructed almost overnight on hurriedly filled-up ditches and using low quality cements and iron rods in violation of a six-storied limit, imposed by the national building code. The other grim side of the story is that most of the land-owners or real estate developers, to avoid cost escalation, have relied heavily on ordinary masons instead of qualified structural engineers for technical advice while constructing the buildings.
Some unscrupulous real estate developers - certainly not all - usually indulge in all kinds of shoddiness to maximize their profits. A government agency like RAJUK is responsible to oversee the conduct of all real estate developers in the capital city to ensure that they follow the rules and codes and do not cheat the unsuspecting flat owners who would eventually buy them. However, before the draft ordinance goes to the council of advisers for its final approval, there should be a consensus settlement between the government and the leaders of the REHAB on the issues they have differences. Otherwise, the whole real estate sector is poised to witness chaos and confusion leading to its destruction.
Visit myRealEstateBd.com to view and post ads to sale/buy/rent your Bangladeshi Real Estate Apartment/ Plot/ Floor Space.
For Bangladesh Real Estate Update please Visit: myRealEstateBd.com
The government officials sat with the leaders of the Real Estate and Housing Association of Bangladesh (REHAB) quite a number of times to make the new laws and regulations acceptable to both the parties. The REHAB submitted a set of recommendations to the government for incorporating those in the ordinance. But after the passage of the draft ordinance, it was seen that those were left unnoticed. The REHAB quickly came up with a notice that if the ordinance is implemented, it will destroy the real estate sector, which accounts for around 11 per cent GDP.
Visit: myRealEstateBd.com to view Bangladesh Real Estate Apartment/Plot/Floor Space Buy/Sale/Rent leads.
Allegations of fraud and deception in handing over plots or flats, and illegal encroachment of private and public land are rife against a section of real estate companies. Many innocent people are often lured by false assurances of hole-in-the-wall housing companies due to lax monitoring of the sector, prompting the government to initiate the move to bring the fast-growing sector under a stringent law.
To stay updated about Bangladesh Real Estate Property Market click: myRealEstateBd.com
It suggested that real estate companies must obtain registration from the authorities concerned and get project designs approved under the Private Housing Project Land Development Rules-2004. An occupancy certificate is a must for handover of any plot or flat. The companies must clearly state in their prospectuses the consequences of failure to pay the installments by the buyers, and they must not sell out the flats of defaulters to third parties within 90 days of notification. The draft law stipulates that real estate companies will have to return the entire money along with interest to the buyers in three months' time in case of missing handover deadlines.
The developers have to take initiatives for ensuring utility services in the project areas. If any company is found that it starts the project work without permission, the company will be fined up to Tk 1.0 million and its executives may be punished with three years of imprisonment. It also imposes bar against mortgage of any plot or flat before it is handed over to its owner. Developers will be fined for failing to inform its clients before-hand about the mortgage of any complete or under-construction land, apartment or space. Besides, there will be penalties for not using agreed materials in construction and suspending a project without consulting clients.
The people, mainly the clients of new flats and plots are largely satisfied with the provisions of the new law. They said it might be able to reduce their sufferings to some extent. But it is apprehended that the government might not be able to implement it since the developers are very influential and can dictate terms.
As per ordinance, developers cannot file any case against those government officials who are responsible for supervising the activities of their activities. Yet any official from the developer's side can be fined or jailed for violating any clause of the ordinance. This is highly immoral and contrary to ethical norms, said the REHAB. No good and meritorious person will like to remain in the real estate sector, it added. The REHAB has over 350 members as of now. Besides them, a number of companies are now operating in small scale. The service sector witnessed a rapid growth in the last two decades, employing tens of thousands of workers in construction work and contributing to the expansion of related sectors like cement and steel.
The recent moderate earthquakes that hit Dhaka and adjoining area caused development experts in Bangladesh to contemplate the possible scenario of deaths and destruction in case an earthquake of severe intensity. Thousands of high-rise apartments were constructed almost overnight on hurriedly filled-up ditches and using low quality cements and iron rods in violation of a six-storied limit, imposed by the national building code. The other grim side of the story is that most of the land-owners or real estate developers, to avoid cost escalation, have relied heavily on ordinary masons instead of qualified structural engineers for technical advice while constructing the buildings.
Some unscrupulous real estate developers - certainly not all - usually indulge in all kinds of shoddiness to maximize their profits. A government agency like RAJUK is responsible to oversee the conduct of all real estate developers in the capital city to ensure that they follow the rules and codes and do not cheat the unsuspecting flat owners who would eventually buy them. However, before the draft ordinance goes to the council of advisers for its final approval, there should be a consensus settlement between the government and the leaders of the REHAB on the issues they have differences. Otherwise, the whole real estate sector is poised to witness chaos and confusion leading to its destruction.
Visit myRealEstateBd.com to view and post ads to sale/buy/rent your Bangladeshi Real Estate Apartment/ Plot/ Floor Space.
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