Tuesday, July 31, 2007

Trade Fair in Dhaka from 2nd August, 2007

Trade fair in Dhaka from Thursday, 2nd August, 2007 at Bashundhara City


A month-long trade fair will begin at Bashundhara City Complex, country's biggest shopping mall, here on August 2.
Click myREALESTATEbd.com to find out a shop to buy.

Products like cosmetics, crockery, handicrafts, food, pottery, toy, mobile, electronics, ready made garments, saree, leather goods and imitation jewellery will be put on display and sale at the fair, said a press release.

Different manufacturing companies from Pakistan, India, China, Malaysia, Korea, Thailand, Iran and host Bangladesh will take part in the fair, organised by United Fair Corporation.

Want to rent a shop at Bashundhara City? click http://www.myrealestatebd.com/


Sunday, July 29, 2007

Bangladesh Bank Announces New House Building Loan Scheme


Get House Building Loan only @10% interest



Click here to view glimps of Bangladesh Real Estate Market

Bangladesh Bank has announced an easiest-ever housing loan scheme in Bangladesh for the people of lower-middle and middle-income groups.

Under the scheme, only 10% interest would be charged and there would be no hidden cost like service charges, according to a Bangladesh Bank circular issued on Wednesday. The scheme comes into immediate effect.

The loan would be much cheaper than any other home loan products of the commercial banks with interest rate currently ranging between 15 and 18 percent, said a senior commercial bank executive.

Under the Bangladesh Bank scheme, a borrower would be entitled to a maximum loan of Tk.15,00,000 to buy an apartment, having not more than 1,250sft. plinth area. To have an idea about present apartment prices of Bangladesh visit myREALESTATEbd web site.

The loan will be repayable in quarterly installments over a period of 20 years with one-year grace period.

The quarterly installment for such a maximum loan would be around Tk.49,000 as per calculations consistent with the traditional accounting system followed by the commercial banks in Bangladesh.

Bangladesh Bank has formed an initial fund of Tk.300 crore to re-finance commercial banks at bank rate (6.5 percent) for disbursement among the borrowers as per specified guidelines. The re-finance fund will be disbursed equally in three years.

Some 75% of total housing loan demand will be met from the re-finance fund while commercial banks concerned will contribute 25 percent, both at 10% rate of interest.

In accordance with the BB guideline, the areas under the six city corporations as well as four pouroshovas - Tongi, Gazipur, Savar and Narayanganj -- would come under the purview of the new housing loan. For getting an idea about the land prices of the above areas visit myREALESTATEbd.com.

An individual with monthly earning of not more than Tk.30,000 and without owning any house or apartment within the designated areas will be eligible for the loan.

If you are looking to buy, sale, rent, sublet an apartment, flat, land, plot, shop, floor space or any real estate property please visit: myREALESTATEbd.com

Saturday, July 28, 2007

Bangladesh Real Estate Apartment Building at Uttara, Dhaka



Bangladesh Real Estate related New Website Launched at Dhaka.

Having Free Ad Publishing Facility

If you are looking to Sale, Buy, Rent, Sublet or Want a Bangladeshi realestate Apartment, House, Land, Shop or Floor-Space and wish to do it in a private hassle free environment then http://www.myrealestatebd.com/ is the right place for you. It is a free site; you can post your property advertisements with images for free and also can contact the buyers or sellers directly. It has large database of Real Estate Properties, Consumers, Beneficiaries and many other features. Highlights of the site are given bellow.


Key Features of the site:

1. Offers you to post advertisements for free to Sale, Buy, Rent or Sublet of your Bangladeshi Property including image. By which you can establish direct contact with your targeted customers/groups/beneficiaries.

2. Offers you to post ‘Wanted’ ads for free, notifying your real estate property demand.

3. The Portal has got a unique feature “Email Alert Service”, by which you may set your property demand and will get notification email as soon as a property added or posted at the site matching your requirements.

4. It has got an extensive search engine, by which you are able to find your desired property from the database in seconds.

5. Published Daily News Paper real estate property related ads are added at the site regularly;

6. Besides that the site has own representatives, who are posting real estate related ads of their locality. Thus, now you can easily find your dream property hassle free in one place.

7. On top of that there are huge number of valued “Registered Members”, who are regularly posting Buy, Sale, Rent or Sublet ads of their Bangladeshi property and ‘Wanted’ ads to publish their property demand.

Huge mass of information gathered relating Real Estate Companies of Bangladesh, Building Material Manufacturers and Retailers details, House Building Loan applying procedure & criteria and House Building Loan disbursing Financial Institutions details, Procedure & Tax Rate for buying a property, nevertheless there is option to send query for any related info and much more.

Finally, it must be pointed out here that the site is the best among the real estate related portals of Bangladesh. Because, it has got most modern features, huge number of properties & counting everyday, huge info base, user friendly, maximum facility and free ad publishing feature, which makes the site best-in-class; the No.1. Visit http://www.myrealestatebd.com/ now and stay updated about the trend of Bangladeshi Property Market.

visit: http://www.myrealestatebd.com/

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