Apartments in Mohammadpur, Mirpur, Dhanmondi and Uttara were at the top of the customer’s choice
Rehabilitation fair 2020. File photo.
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Rehabilitation fair 2020. File photo.
Most visitors to the ongoing REHAB trade fair are looking for medium-sized apartments from 1,200 to 1,600 square meters, according to the participating property developers.
Both buyers and sellers of the ongoing fair at the Bangabandhu International Conference Center in the capital said apartments in Mohammadpur are in high demand. In addition, apartments in Mirpur, Dhanmondi and Uttara were the top priorities for customers.
On the weekend afternoon, visitors flocked to the fair to look for apartments for their family and friends. Many of them booked as soon as they found an apartment in the desired location, as the real estate companies at the fair offered discounts, instant premiums and a variety of benefits.
In addition to the medium-sized apartments, many customers crowded the booths of the real estate companies that offer large luxury apartments.
The number of visitors to the fair is satisfactory this year, but not as high as in previous years, according to the companies participating in the fair.
The trade fair visitors collected brochures from the housing companies as well as their mobile phone numbers and addresses because they wanted to buy an apartment or property after visiting the project site. Most of them were looking for finished apartments worth Tk 1 crore.
“People tend to buy homes because banks offer simple installment loans at low interest rates. For the past two days, our booths have been crowded with middle-class people, ”said Md Shariful Islam, Senior Manager Marketing and Media at Rupayan Group.
AKM Rafiul Islam, Senior Assistant General Manager of Sheltech (Pvt) Limited, said, “Hopefully the effects of the pandemic on the housing sector will wear off soon. The large number of visitors and the high demand for apartments at this fair arouse such hopes. “”
“However, due to the rise in raw material prices, housing prices have risen slightly. Customers are comparatively more interested in buying apartments in Mohammadpur, Mirpur, Malibagh and Uttara in the central zone, where prices range from Tk90 lakh to Tk1 crore, “he added.
Md Moazzam Hossain, Senior Executive of Navana Real Estate Ltd, said, “I have more and more clients looking for an apartment in Mirpur. Most of them are looking for ready-made apartments. Customers receive furniture worth Tk1.5 lakh as a gift when they book an apartment from our project at the fair. “
The banks and financial institutions participating in the fair are now also offering customers who want to buy apartments and land at the fair low-interest loans and discounts on loan processing costs.
BRAC bank manager Md Raisul Alam told TBS: “We will grant loans at 7.5% interest if the application form is completed at the fair.”
Various building materials companies have also set up stands at the fair.
Pa-Wang Ceramic Company, which manufactures Chinese style ceramic products, is showing various types of ceramics including tiles at the fair.
Akij Plastics Ltd’s deputy manager, Md Shariful Islam, told TBS: “We’re giving a 10% discount on our products at the fair.”
Trade Minister Tipu Munshi opened the 22nd REHAB trade fair on Thursday. Visitors can visit the fair daily from 10 a.m. to 9 p.m. until December 26th.
A single entry ticket to the fair costs Tk 50 and a multiple entry ticket costs Tk 100.
