REHAB Summer Fair 2013A four-day fair on real estate and housing will begin on Wednesday in a bid to shake off the sluggish business climate.
Organized by Real Estate and Housing Association of Bangladesh, the REHAB Summer Fair 2013 will display projects from 120 members of the association at the capital’s Ruposhi Bangla Hotel, said Md Wahiduzzaman, acting general secretary of the industry lobby group.
Md Wahiduzzaman, acting general secretary of the industry lobby group confirmed the matter to in a press briefing.
The sector has been going through choppy waters for a long time now due to non-availability of gas connections, conditions on power connection, inadequate credit supply for buyers, lack of scope for investment of undisclosed money, skyrocketing land prices, lack of coordination among service providers, higher rates of bank interest and delay in approvals of project design, he said.
“But we see light of hope after the proposed budget for fiscal 2013-14 and the recent government decision to lift the ban on new gas connection.”
Abdur Rashid, vice-president of REHAB, informed press that no unapproved project would be allowed to display at the exposition this time.
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