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Shanta 'The Polaris', Cantonment
7 storied apartment building with 3198-3291 sq. ft. units, gym, waiting lounge and children's play area
How much do one these units cost? Also are they built with proper planning permission? Is it common hold or lease and for how many years. What's the service charge fees and any other fees an annum.
there was that gov garments organisation that built a tower with out having proper permission for the land and the court ordered it to be torn down.
Apartments can be either rented or bought. To buy, one has to be a citizen of Bangladesh.
Avg. sqft pricing is hovering around US$140 to US$200 for residential property in the luxury diplomatic zones, but cheaper off-grid housing is also available to purchase in installments and bank loans.
Shanta by the way is one of the better real estate developer/builders in Dhaka, they charge a premium. A unit in this building will cost around $500,000 to start and there is no loan system usually AFAIK for this type of housing, it is cash purchase. If you go back in this thread, you will see some spectacular multi-family housing they have designed.
There is currently a glut in the Dhaka housing market. So development of residential real estate has slowed a bit.
Serviced apts. and regular leases are available all over Dhaka. Luxury build quality I'd say is at par with housing anywhere and certainly more substantial compared to American or UK Housing. Kitchen and bath fittings come from the best of the best, such as Grohe etc.
Commercial property like that one BGMEA building in Hatirjheel was built without proper planning, as it was govt. land and they built it without consulting the proper authorities. BGMEA HQ I believe is a new bldg. in Uttara now.
Tower design depends on results from soil tests. They want to go 142 stories if the results allowBRAC3 Towers Bangladesh - this project has been in development for a while now and is considered the jewel in Dhaka's architectural crown...
BRAC Bank is a social enterprise (leading NGO) that leads changes to Bangladesh and currently provides new opportunities to its citizens to promote economic growth.
- Gross Floor Area 77,678 m2
- Floors (F/B) 15/3
- Completion 2022
- Client BRAC Bank
The company has decided to relocate the existing headquarters in Dhaka and build two office buildings (including a new headquarter) plus a 5-star hotel in the newly relocated site.
The new site is located within the new downtown area; at North - the Gulshan Link Road connects the site with the new downtown and a new road in front of the site is currently under construction.
At East - the Gulshan Lake and the extensive green park.
By situating the buildings at the intersection of the old and the new downtown, the new headquarters is expected to become a new landmark of Dhaka.
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Latest finalized Image of Central Business District (CBD) in Purbachal New Town. This is the largest project in Bangladesh right now - headed by Powerpac Bangladesh/Kajima (Japan) consortium and will be designed and implemented by Heerim Korea and Power Engg. China respectively. Total investments will be multiple thousands of crores (Taka).
Skyscraper designs are very preliminary and detailed designs will be finalized as project progresses. There will be three towers at the primary core, having heights of 52, 71 and 96 stories. Please see video below for details.
Eventually this will form the newest core CBD/downtown area of Dhaka.
Older sixties downtown at Motijheel and current new CBD/downtown at Banani/Gulshan/Tejgaon will remain as the legacy/old ones.
The part in bold are you talking about renting $200.00- $140.00 per a week in rent or purchasing at $200k-$140k ($200,000.- $140, 000)?
Will people with no visa required status be able to buy?