Daffodil International University
Faculties and Departments => Business & Entrepreneurship => Real Estate => Topic started by: zayedprafi on October 09, 2010, 01:51:50 AM
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The main reasons why real estate business developed in Dhaka city are as follows:
a) Scarcity of open space in the important areas of the city
b) Hazards of purchasing land
c) Hazards of construction of building
d) Rapid increase in population of Dhaka
e) Decrease in the rate of bank interest
f) Price of land and apartments is increasing day by day
g) Rent of the apartments is comparatively higher than the rent of privately constructed flats
h) Open Market Economy. Remittance of foreign currency is very easy
i) Security
j) Service facilities such as garbage disposal, central satellite TV connection, apartments services saves time, roof top facilities, lift and so on
These reasons i posted from my little knowledge. Have you any more reasons..than please post it.