REHAB Fair 2007 Concluded

REHAB Fair-2007 concluded on 25th November, 2007 with the commitment to lower the cost of urban housing.


Real estate companies yesterday pledged to develop lower cost urban housing solutions in order to meet the growing demands for affordable homes in Dhaka. While the focus was on the lower cost solutions a few luxury developers could be found. Developers are now planning most of their new projects targeting middle class people who make between Tk 20,000 and Tk 40,000 a month. A number of factors, including soaring construction costs and the government's drive against black money, have contributed to a sharp fall in the sale of apartments, which are down around 50 percent so far this year, according to REHAB. If the government builds proper infrastructure like highways and a good public transport system, developers will start to build lower cost housing projects in the suburban areas. It is observed that per square foot price of flats in Dhaka ranges between Tk.2,500/- and Tk.6,000/- depending on location.
Speaking as the chief guest at the closing ceremony of the REHAB Fair 2007 at a city hotel, Gen Moeen also expressed hope that in re-building infrastructure, all would abide by the Mahanagar Nirman Nitimala 2007 to ensure planned urbanisation for the sake of future generations. Army Chief Gen Moeen U Ahmed yesterday called on property developers to help build cyclone shelters and social housing for the disenfranchised. Appreciating the Tk 1 crore donated to the cyclone victims by the Real Estate and Housing Association of Bangladesh (Rehab), Moeen asked the organisation "To come, fund and build new cyclone shelters for people and cattle."

Despite the slump in the real estate sector, there was little evidence of a lack of enthusiasm among the crowds at the jam-packed fair. Highest a total of 136 REHAB members and 5 financial companies participated in this years fair.

Stand Beside the Cyclone-Hit People of Bangladesh

The Cyclone Sidr death toll may cross 10,000 and affected millions of People of Southern Districts; and left in crisis of Drinking Water, Diarrhoea and Hunger.

Stand beside the Cyclone-hit people of Bangladesh. The catastrophe left millions of people in crisis of Drinking Water, Diarrhoea and Hunger, they need help! Come forward, extend your helping hand, stand beside them. Our concerted effort can lessen the hardship of the marooned victims.

Over US$25m pledged in International Help. Already many organizations and persons have already came forward, helping in assorted means; directly to the victims, contributing cash or kind in various dependable Relief Funds or organizing local relief work.
Some of the funds organized are Prothom-alo Relief Fund, Bangla Link Relief Fund, Chief Adviser’s Relief Fund and many more.

Hurricane Cidr Destruction

Hurricane CIDR has paralysed the whole country. The road communication has disrupted, total country has gone out of electricity for around 24 hours and mobile & telephone connection has gone. After four days normalcy is coming back.

Dhaka City without Electricity after Cidr hit.

Hurricane Cidr Destruction

Dhaka Int'l Education Fair from November 9, 2007

Dhaka International Education Fair (DIEF) 2007 will be held at Bashundhara City Complex on November 9-12, 2007.

The fair is organized to facilitate the procedure of students' admission for higher education in different colleges and universities abroad. More than 55 educational institutions, counseling firms, immigration centers, language institutes and banks from home and abroad will participate in the fair. The institutions here will help the enthusiastic students by offering courses on different disciplines, time of the semester, providing application format and relevant information.

Representatives from different colleges and universities of Bangladesh, England, United States of America, Malaysia, Cyprus, Thailand, India, Ukraine, Japan, Australia, Ireland, Poland and Singapore will be present at the fair to reply to the inquiries of the students. At the same time the banks will offer student loan. Interview and spot admission will also take place at the fair at Bashundhara Expo Centre, Level-7. Eastern Bank Limited (EBL) is sponsoring the fair while Channel i, The Daily Shamakal, Radio Today and Prothom Alo Jobs will be the media partners.

The fair will remain open to all from 10:00am to 9:00pm and the entry fee is Tk10/-. "As part of our corporate social responsibility we are assisting the students in paying their tuition and admission fees," said Mohammad Musa, senior sales and service manager of EBL. He added that the bank will soon start granting education loans to the students.