REHAB Housing Fair in Rome, Italy on 1-3 September 2007.

A three day housing fair will begin in Rome, Italy from 1^st September, 2007 targeting expatriate Bangladeshis, Real Estate and Housing Association of Bangladesh (RHAB) informed the newsman at a discussion organized at a local hotel on Wednesday, August 15, 2007.

The discussion titled 'Role of Real Estate Sector as an Investment Opportunity for Non-resident Bangladeshis' (NRB) was attended by Pietro Ballero, Italian ambassador in Dhaka, and REHAB board members.

Some 42 developers and 5 financial institutions will take part in the fair at Radisson SAS Hotel, Rome.

Speaking at the function, Italian ambassador urged the developers to use in modern technologies in building apartments. He said the political situation in Bangladesh is now favorable for doing business and Bangladesh is a potential country.

Tanveerul Haque Probal, general secretary of REHAB, said the main objective of the fair is to promote the products and services of REHAB.

The fair will give the Bangladeshis living in Italy an opportunity to buy apartments and plots in their homeland, he said.

• REHAB is organizing this fair at Rome after arranging such fair in London, New York and Dubai.

• REHAB is also planning to arrange a fair again in New York on October 2007 and later on in Los Angels.
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Come forward to the Aid of Flood Devastated People of Bangladesh

Come forward to the Aid of Flood Devastated People of Bangladesh


Extend your helping hands in the relief and rehabilitation work for the Flood Devastated people of our country. Our concerted effort can lessen the hardship of the marooned victims.

Already many persons and organizations have already come forward, helping in assorted means; directly to the victims, contributing cash or kind in various dependable Relief Funds or organizing local relief work. Money being donated to the Chief Adviser’s Relief Fund has been declared tax-free as per a previous government order SRO (no-125-act/91) dated 5 May, 1991, a fresh government announcement confirms this.

Some of the donations and contributions listed below:
->GP donates Tk 43.1m to the CA's Relief Fund.
->Sri Lanka donates US$.25,000 to the CA’s Relief Fund.
->Prime Bank Ltd. donated Tk.20 lakh to the GOC of 19th Infantry Division for relief of the flood affected people of that area.
-> Dhaka Club donated Tk.10 lakh to the CA’s Relief Fund.
-> Bank Asia Ltd. donated Tk.10 lakh to the CA’s Relief Fund.
-> Standard Chartered Bank donated Tk.1.5 crore to the CA’s Relief Fund.
-> Summit Group donated Tk.10 lakh to the CA’s Relief Fund.
-> Shahjalal Islami Bank donated Tk.20 lakh to the CA’s Relief Fund.
-> Members of BDR donated their one day’s salary worth Tk.54,86,387.
-> Department of Pharmacy and Biological Science of Dhaka University launched a saline making project.
-> Sweden has decided to grant US$3 lakh to Bangladesh.
-> Swedish International Development Co-operation Agency sanction donation of SEK1 million ($1.5 lakh) to Save the Children Sweden for relief work and another SEK1 million to the Swedish Red Cross.
-> Saudi Arabia would provide $50 million for helping the flood-hit people and food & other materials.
-> Members of Bangladesh Army donated their one day’s salary.
-> Employees Banglalink donated their one day’s salary.
-> Bangladesh Army set up mobile hospital for the floor victims.
Send your donation to the now to the Chief Adviser’s Relief Fund. You may also send your donation to the Daily Ittefaq Tran Tohobil to account no.SB-98330, “Ittefaq Tran Tohobil”, Pubali Bank Ltd., R. K. Mission Road Branch, Dhaka-1203.

Courtesy: myREALESTATEbd.com

Falling of the Heinous Symbol of Bangladesh

RAJUK starts tearing down Rangs Bhaban

Following a Supreme Court ruling on Thursday, the Rajdhani Unnayan Kartripakkha (RAJUK) authorities this morning began tearing down the upper floors of the multi-storied Rangs Bhaban at Bijoy Sarani crossing in Dhaka.

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The demolition works started at about 8:00am from the 8th floor of the 22-storey building under the supervision of RAJUK Magistrate amidst quiet protests by executives of different companies that they were not given enough time to remove their expensive equipment and valuable goods.

In the first phase of the demolition, some 350 RAJUK workers were engaged in removing doors and windows, glasses and furniture of the upper floors. The workers will demolish the construction beyond the 6th floor in two shifts a day. Some 14 teams of workers were formed under supervision of the RAJUK officials to destroy the construction of the upper floors. The number of workers will be increased after couple of days when they would start breaking the concrete structures like walls and floors.

Talking to reporters, RAJUK Chief Engineer said it would take 120 days to complete the demolition of all the 16 floors above the 6th floor declared illegal by the Appellate Division of the Supreme Court on Thursday, 2^nd August, 2007.

The authorities posted some 300 police and Rapid Action Battalion (Rab) members to maintain the security in and around the Rangs building as hundreds of people were seen watching the fall of a tower built at a cost of some BDT.700 crore. Learn more about building construction cost at myREALESTATEbd.com.

General manager of the Rangs Group, told the news agency that 30 companies with 35,000 officials and employees used to operate from the business house. “It’s a humanitarian disaster,” Rahman said in a pensive mood. Like Rahman, other executives of different banks and companies expressed their grievances that they were not allowed enough time to remove their offices, costly electronic equipment and furniture.

The Supreme Court on Thursday ordered demolition of the 16 upper floors of the 22-storey building, overhauling the High Court judgment that had declared valid the construction beyond the sixth floor of the building.

Within hours of the court order, the authorities on Thursday in the afternoon announced that demolition of the building would start on Friday morning.

Meanwhile at about 2:30pm yesterday, mikes blared out sharp for forewarning, asking companies housed in the edifice to vacate it by midnight last.

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News Source: UNB, Channel i, nTV, ATN Bangla

Today 1st August, 2007; CDA deadline to evict CCC illegal structures expires.

1st August, 2007, CDA deadline to evict CCC illegal structures expires.

Deadline of Chittagong Development Authority (CDA) eviction notice issued as part of its drive against illegal structures to the Chittagong City Corporation (CCC) commercial firms and markets expires today.

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Against the backdrop of the situation, CCC on Sunday has written a letter to the ministry for local government for asking CDA through the ministry of housing and public works to take decision jointly with it in this regard reviewing the legal aspects, sources said.

Both the CDA and the CCC will hold a meeting to come to a decision regarding the matter this week. Several officials at CCC said as a service-oriented organisation CCC also requires CDA approval and should follow building code rules during construction.

They said both CCC and CDA are responsible for overall development of the port city.

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Earlier, CDA served eviction notices against CCC structures, including Premier University Unit No 1 and 2 buildings, building in front of Garibullah Shah Mazar, market building at GEC intersection, which were constructed without CDA approval.

Though most of the notices went unheeded, CCC now plans to shift the educational institutes and markets at Prabartak Intersection elsewhere, said the CCC sources.

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