Real estate in Bangladesh has developed dramatically in recent years due to the construction boom and increasing number of high-rise buildings in the
major urban centres of the country, most notably
Dhaka
Dhaka ( or ; bn, ঢাকা, Ḍhākā, ), List of renamed places in Bangladesh, formerly known as Dacca, is the Capital city, capital and List of cities and towns in Bangladesh, largest city of Bangladesh, as well as the world's largest ...
and
Chittagong.
History
In 1991, REHAB (
Real Estate and Housing Association of Bangladesh
Real Estate and Housing Association of Bangladesh is a real estate trade body in Bangladesh. Shamsul Alamin is president of REHAB.
History
The association was founded in 1991 with eleven members which had grown to 1151 members by 2016. It holds a ...
) was formed with only 19 members which later increased to 1,082, as of 2011. In 2000, National Housing Authority Act was adopted and approved by the
national assembly
In politics, a national assembly is either a unicameral legislature, the lower house of a bicameral legislature, or both houses of a bicameral legislature together. In the English language it generally means "an assembly composed of the r ...
and subsequently a new body named National Housing Authority was established, dissolving the former state organizations of Housing and Settlement Direction (HSD) and Deputy Commissioner Settlement (DCS). The act finally came into effect on 15 July 2001.
In Khulna, the Real estate business is growing because when the Padma bridge would be operational, Khulna will be the economical hub of Bangladesh.
References
External links
Real Estate and Housing Association of Bangladesh
{{Asia topic, Real estate in