Malaysia Secures Projects Worth RM10 Billion (USD 3.22 B) In Bangladesh

[CaPtAiN_pLaNeT]

Based on news, simple calculation - taka 27,450 crore will be spent on 20,000 flats. Some of these money will be spent on flyover, roads and other utility development. But one can not price the cost of road and utility seperately to flat buyers. So cost of one flat (given all flat sizes are equal) would be 27,450/20,000 = 1.3725 crore. That is just price based on investment cost qouted. When investor add up their profit margin, price will be much higher.

Now question is how many people can afford apartment costing 1.3725 crore (+ developer profit)?

For the 20000 apartment 9000 cr taka will be spent not 27000 cr Taka. That means per flat on average will cost around 45 lakh taka. If I am not wrong earlier I heard that per square feet will cost around 3500 taka means 800, 1200 and 1500 square feet flat will cost 28, 42 and 52.5 lamb respectively. Obviously it is without parking, common space and registration fees. But I think it is less then the present flat price of uttara.