Showing posts with label Travel. Show all posts
Showing posts with label Travel. Show all posts

Saturday, April 23, 2022

Dhaka Metrorail will Modern as Bangkok | Thai Ambassador


The Dhaka Metrorail (MRT Line-6) will be as modern as the Bangkok Metrorail, said Thai Ambassador in Bangladesh Mr. Makawadi Sumitmore, praising the progress of the Dhaka Metrorail 21 April, 2022.

After inspecting the site of the Metrorail project in Uttara, he told to the newspapers, "The quality and facilities of Dhaka Metrorail will be in line with our (Thailand's) standards."


The Ambassador visited the site as part of the commemoration of the 50th anniversary of diplomatic relations between Thailand and Bangladesh.

A leading Thai construction company, Italian-Thai Development Company PLC (ITD), is building a large section of Bangladesh's first metro rail (MRT Line-6).


Sumitmore said Thailand is involved in many economic cooperation efforts with Bangladesh and Dhaka Metrorail is one of the major projects. "Metrorail is an effective tool for improving the quality of life of the citizens and I am fascinated by the quality of work," he said.

The Ambassador hoped that the Metrorail project would help the people of the country to know more about Thailand's involvement and contribution in the development of Bangladesh. During the inspection, project manager Virat Kant explained the progress of the construction work.


Metrorail from Uttara to Agargaon is scheduled to open to the public by the end of this year and to Motijheel by December next year.

MRT Line 6 of Dhaka Mass Rapid Transit Development Project (MRT) is the country's first metro rail line from Uttara to Motijheel, 19.83 km long. It is divided into 8 contracts from CP-01 to CP-08.

According to the plan, MRT line 6 will be extended by 1.17 km to connect with MRT line-1 at Kamalapur railway station. ITD was awarded CP-03 and CP-04 in 2017 at a cost of BDT 37 billion. This includes construction of 9 elevated stations and viaduct from Uttara to Agargaon.


In addition, ITD has entered into a joint venture with foreign partners to work on other parts of the metro rail such as construction of warehouses and depots in Uttara North, construction of 4 elevated stations from Kawran bazar to Motijheel, construction of viaduct.

Project officials said ITD has created a total of about 6,000 jobs since construction began. ITD is involved in a number of infrastructure projects in Thailand and abroad, including the expansion of Suvarnabhumi Airport, Rupsha Bridge in Khulna, an integrated passenger terminal at Calcutta International Airport, and part of the National Highway Route NH-31C in West Bengal.

ITD has also assisted in the renovation of classrooms in Mariali Government Primary School. It is one of the two schools in Bangladesh participating in the Child and Youth Development Project under the auspices of Thai Princess Maha Chakri Sirindharna.

Thanks,

 

Related:

Subway Rail System in Dhaka City

Dhaka Metrorail has Completed Performance Test

LRT | Light Rail Transit Services in Narayangonj

Dhaka - Jashore in Two and Half Hoursvia Padma Bridge

Faridpur Bhanga to Mawa Rail Line

Dhaka City Metro Rail MRT Line 6 willstart in 2019

Dhaka-Ishwardi- Benapole Dual GaugeRail Route

Rupsha Railway Bridge in Khulna-Mongla Rail Line

Dhaka to Kurigram Direct Express Train

Dhaka - Chattogram Double Track Railway Update

Dhaka-Mawa-Bhanga Expressway has been Inaugurated

Master Plan around Karwan Bazar

Wednesday, October 6, 2021

Mega Projects in Sylhet | Ongoing Development


Development work is going on all over the Sylhet division. Efforts are being made to change Sylhet by implementing some mega projects. Several projects are implementing with the efforts of the local people's representatives to build a better enlightened Sylhet. Some projects have already been completed. Some are under implementation and some are waiting to start. The peoples think that the whole Sylhet division will change if the ongoing and pending projects are implemented.

 

Mega projects in Sylhet:

Mega projects undertaken for the development of Sylhet region include Sylhet Medical University, Sylhet Cricket Stadium-2 (Divisional Outer Stadium), Expansion and Modernization of Osmani International Airport, Bangabandhu Sheikh Mujib Hitech Park, Sylhet-Dhaka Six Lane Highway, Sylhet-Tamabil Four Lane Highway, Sylhet Marine Academy, Sheikh Russell Textile Engineering College, Sylhet Textile Institute, Digital City Project, Excavation and Bank Conservation of 114 Rivers, Bangabandhu Multipurpose Complex, New BSIC Industrial City, Road and Drain Expansion, Beautification and Modernization projects.

Initiatives were taken to set up new medical universities to enhance the quality of higher education, research and services and to expand and develop existing facilities. Sylhet Medical University was established for this purpose. It is the fourth government medical university in the country. The process of acquiring 83 acres of land in South Surma for a permanent campus has started. Another mega project in the field of education 'Sylhet Marine Academy' has already been implemented. The academy has been set up on a 10-acre land on the banks of the Chenger canal in Badaghat area of ​​Hatkhola union in Sylhet Sadar upazila at a cost of Taka 107 crore. On May 6, 2021, Prime Minister Sheikh Hasina inaugurated the academy.

Besides, Sheikh Russell Textile Engineering College and Sylhet Textile Institute are being constructed on 10 acres of land in Tayab Sultan Mouza of Kuchai Union in South Surma for the development of technical education in Sylhet at the initiative of the Ministry of Textiles and Jute. On 1st November, 2018, Prime Minister Sheikh Hasina laid the foundation stone of these projects. The cost of the two projects has been estimated at around Tk 210 crore. Of these, Sheikh Russell Textile Engineering College is being built on 5 acres of land at a cost of Tk 110.36 crore and Sylhet Textile Institute is being built on 5 acres of land at a cost of Tk 95.65 crore.

The communication system is going to be the most developed during the tenure of the present government. Development projects have been taken in parallel by road, air, rail and waterways. The Sylhet-Dhaka six lane highway project is finally going to start after overcoming many complications. The Asian Development Bank (ADB) has already approved a loan of over Tk 15,000 crore for the project. The total cost of the project has been estimated at more than Tk 17,000 crore. The project was approved by the ECNEC in February this year. If the highway is upgraded to six lanes, the economy here will change. Industry and tourism will get new momentum.

The Dhaka - Sylhet six lane highway is expected to open new horizons of trade potential with the northeastern states of India. In addition to this highway, the four lane upgrade project of Sylhet - Tamabil highway has already been approved by ECNEC. It will be financed by the Asia Infrastructure Investment Bank (AIIB). Out of the proposed cost of Tk 3,586 crore, Tk 615.48 crore will be spent from the government's own funds and Tk 2,970.55 crore from AIIB loans. If this highway is upgraded to four lanes, import and export with India through Tamabil land port will increase. At the same time, the tourism sector in Sylhet will also see a huge improvement.

Initiatives have been taken to convert the meter-gauge railway in Sylhet-Akhaura section to dual-gauge with the long efforts of Foreign Minister AK Abdul Momen in railway development. If the project is implemented, the rail communication system with Sylhet-Dhaka and Sylhet-Chittagong will be greatly improved. Travel time will also decrease. Mega projects have been taken up for the development of roads and railways as well as waterways. The foreign minister had sent a proposal to the shipping minister to dig 114 numbers of small and big rivers in Sylhet division to increase the use of waterways and control floods. The Ministry of Shipping has taken initiative to rescue, excavate and conserve the river.

Mega project has been taken to upgrade Sylhet Osmani International Airport to a full-fledged international airport. Two projects have been taken for the development of the airport at a cost of Tk 2,568 crore. Of this, the runway is being upgraded at a cost of Tk 452 crore. The work of this project is almost at the last stage. Besides, a full-fledged international terminal with modern facilities is being constructed at a cost of BDT 2,116 crore. New cargo houses have been constructed and scanners have been installed at the airport. The project includes modern ATC towers, taxiways and aprons, modern fire stations, new boarding bridges, baggage handling systems, flight information display systems and other state-of-the-art terminal building related equipment. If the Tk 2,500 crore project is implemented, Osmani Airport will be used as a hub for air communication.


Several big projects have also been taken up in Sylhet to increase industrialization and employment. Among them, 'Bangabandhu Sheikh Mujib Hi-Tech Park' is being implemented in the colorful area of ​​Companiganj in Sylhet. The construction of ICT Park is progressing fast. Meanwhile, the work of filling up the project, flood control dam, visual bridge, installation of internal roads and lights, construction of electrical substation, project site office, administrative building, ICT Business Center, Sheikh Kamal IT Training Institute is nearing completion. Though construction of 'Bangabandhu Sheikh Mujib Hi-Tech Park' has started on 175 acres of land, a proposal has already been sent to the ministry to acquire more 85 acres of land as the demand of entrepreneurs and investors is increasing day by day.

Bangladesh Small and Cottage Industries Corporation (BSIC) have taken initiative to set up another new industrial city in Sylhet for the development of small scale industries. It will be the third industrial park in Sylhet. A project has been taken to set up this industrial park on 500 acres of land. BSCIC Sylhet Office said priority would be given to agro-machinery, chemicals, food processing, pharmaceuticals, jute and jute products, leather processing products, handicrafts, plastics and women entrepreneurs in the eco-friendly industrial park. Priority will also be given to light engineering institutes.

Another new government hospital is being built in Sylhet to develop the health sector. Construction of a new 250-bed Sylhet District Hospital at Chauhatta in the metropolis is in full swing. During the tenure of the present government, huge development has been achieved in the stadium of Sylhet. Another new stadium has been built next to the Sylhet International Cricket Stadium at a cost of around BDT 25 crore. Known as Sylhet International Cricket Stadium Ground-2, the stadium was officially inaugurated about six months ago. The ICC had been asked to approve the recognition as an international venue. Built on about 3 acres of land, the stadium has been turned into a full-fledged sports complex.

The economy of Sylhet is the fourth largest in the Peoples Republic of Bangladesh. In recent years, Sylhet is experiencing major infrastructural developments, and projected to be the forefront of Bangladesh's economic growth.

 

Thanks,

 

Related:

Sylhet City Skyline Images

Khulna City Skyline and other Images

Chittagong City Skyline Images

Dhaka City Skyline Images

Comilla City Skyline Image


Tuesday, August 31, 2021

Dhaka Metrorail has Completed Performance Test


The people witnessed the official test run of Metrorail on the line (MRT Line-6) lay on the flyover (viaduct) on 29 August, 2021. The experimental operation started from the depot built for Metro Rail in Dhaka's Uttara. Road Transport and Bridges Minister Obaidul Quader inaugurated it. NM Siddique, Managing Director, Dhaka Mass Transit Company Limited (DMTCL), a representative of the Japanese Embassy in Bangladesh, the head of JICA Bangladesh office and a representative of Metrorail's consulting firm were present on the occasion.

As soon as the train started running slowly over the flyover immediately after the inauguration, the present government officials, employees, technicians, engineers and media persons standing on both sides of the line observed the rail movement. At this time many people applauded and applauded. Many people take photos with the train to capture the memory of this historic moment, including taking pictures and videos of experimental train movements.


At this time, the security personnel had to work hard to handle the crowd. This Metrorail runs on electricity through the connection of a power transmission line placed on a lovely pillar above the line. Minister for Road Transport and Bridges Obaidul Quader said Prime Minister Sheikh Hasina will inaugurate three mega projects in the year 2022. In June the Padma Bridge, later the Karnafuli Tunnel and the Metrorail Line-6 which is the dream of the young generations, will be inaugurated at the end of the year. "It's a milestone," he said. Metrorail is no longer a dream, it is a visible reality. Critics will criticize and propagate, we will respond at work. The Sheikh Hasina government responded. We are responding by constructing mega projects including Metrorail and Padma Bridge.


The minister said that it would take six months to complete the work of Metrorail Line-6. Total work has progressed 68.29 percent till July 31 for the MRT-6. Work progress from Uttara to Mirpur is 88 percent. The minister recalled, "I came to see the depot work progress activities and suffered from fever for three days due to rain felled in my face." But today, it is very good that Sheikh Hasina's contribution, Metrorail is visible. This movement is passenger less. The train will run experimentally between four stations from Uttara to Mirpur Pallabi in the capital. This movement is called 'performance test'.


Total number of 24 sets of trains will run on Metrorail-6 route from Uttara to Agargaon. In the meantime, four sets of trains have already arrived in the country. The first set of trains reached the depot in Dhaka last April. Each of these trains consisting of six carriages, made the trip from its depot and back after crossing three stations on its way without any passengers. Each train can carry a maximum of 2,308 passengers at a time. The trains are being manufactured by Kawasaki Heavy Industries Limited of Japan. Later the trains were brought to the country by ship from the seaport of Kobe in Japan.


The overhead construction of metro rail can help the Bangladeshi government's efforts to ease traffic gridlock in Dhaka. Once the project is implemented, a train with six air-conditioned spacious coaches will operate every four minute and will carry some 60,000 passengers each hour. The MRT Line-6 consists of 16 elevated stations and electricity-powered light rail tracks. In addition, total six Metrorail routes will start within 2030.

 

Thanks,

 

 

Related:

Subway Rail System in Dhaka City

LRT | Light Rail Transit Services in Narayangonj

Dhaka - Jashore in Two and Half Hoursvia Padma Bridge

Faridpur Bhanga to Mawa Rail Line

Dhaka City Metro Rail MRT Line 6 willstart in 2019

Dhaka-Ishwardi- Benapole Dual GaugeRail Route

Rupsha Railway Bridge in Khulna-Mongla Rail Line

Dhaka to Kurigram Direct Express Train

Dhaka - Chattogram Double Track Railway Update

Dhaka-Mawa-Bhanga Expressway has been Inaugurated

Master Plan around Karwan Bazar


Monday, July 12, 2021

Real Estate Companies in Bangladesh are Rising


During the COVID-19 Corona virus period, buyers in the housing and real estate industry of Bangladesh are increasing. Entrepreneurs in the sector saying that the demand for buyers has increased so much in recent times that top class Real Estate companies in Bangladesh do not have unsold flats. Companies that had stopped building construction work for so long have now come forward and resumed their construction.

Demand from buyers is on the rise as the government provides undisclosed investment facilities in the housing sector. Currently, the highest demand for Apartment / Flats in Bangladesh is among government employees. Some investors demand land and plots. In such a situation, the concerned companies have demanded to reduce the interest and registration cost of loans in the housing sector to 7 percent. The real estate sector in Bangladesh is now a lucrative investment destination for buyers and investors. The registration cost of buying flats and plots is now 10 percent and it comes with single digit or one digit interest loan.

In this regard, Real Estate and Housing Association of Bangladesh-REHAB President Alamgir Shamsul Alamin Kajal said that the real estate companies in Bangladesh are now getting good response from buyers. The situation is such that even good companies are not able to sell flats to the buyers. Buyers are growing every day in recent times. Interest in buying flats and plots is increasing among them. As a result, many companies are taking up new projects to build flats inside Dhaka, Chattogram and other cities across the country.


The undisclosed income is also being invested in the housing sector. Owners of companies are demands the interest rate on bank loans and registration cost of flats and plots should be reduced to 7 percent. Some banks are now keen to lend. Some banks are giving loans at 7 percent interest rate. The recovery in the housing sector is also boosting the overall economy.

Business in the housing industry is coming back. Buyers respond more than ever. This is due to two reasons- one is that money laundering has decreased during the Corona period. Another is the government's undisclosed investments facilities for two consecutive financial years. All in all, the real estate company in Bangladesh is now in a good position.

JCX Developments Limited is a state-of-the-art flat builder in the country's elite Bashundhara residential area inside Dhaka city. Iqbal Hossain Chowdhury, the managing director of the company and director of FBCCI, a top organization of businessmen, told that there has been a lot of demand from buyers for good quality flats in recent times. This demand has been created mainly due to undisclosed money investment facilities. As a result, there is a huge interest of buyers for flats in Bashundhara R/A.

Investors have lots of interest for both ready and used flats in Dhaka city. Some searching keyword in Google are: Used flat sale in dhaka, Low price flat in dhaka, Flat sale in dhanmondi, Studio apartment in dhaka, Used flat sale in mirpur, Ready flat for sale in mohammadpur dhaka, Ready flat sale in dhaka, Flat for sale in dhaka uttara, Flat sale in banasree, Dhaka housing adabor etc.


In the national budget for the fiscal year 2020-2021, the legal directive to allow higher revenue and economic activity in the private sector said that no matter what is in the country's customary law, no one can raise any question about the investment of undisclosed money. To take such an opportunity, taxpayers have to invest undisclosed money in land, flats, buildings and apartments, banks, savings certificates, stock exchanges, bonds or any other such securities. To avail this facility, income tax at the rate of 10 percent has to be paid. Investing in undisclosed funds will reduce money laundering and tax evasion. The move is expected to boost mainstream economy, employment and revenue growth. This facility will be continued in the new fiscal year 2021-22 as well as provision has been made to impose penalty at the rate of 5 per cent on other undisclosed funds. 

According to the concerned, the annual market of the real estate companies in Bangladesh / housing sector in the country is now around Tk 60,000 crore. The annual growth in this sector is 15-17 percent. The annual demand is 1 lac 20 thousand flats. Overseas income / Remittance and undisclosed money owners buy more real estate properties. Expatriate income of Bangladesh did not decrease during COVID-19 period. Besides, there is an opportunity to invest undisclosed money by buying land or flats. As a result, trade in this sector has increased a lot. The catastrophic disaster that hit 458 sub-sectors of the housing industry in Corona is now a beacon of hope. Around BDT 2 lac Crore have invested in more than 2,000 industries in this period.

 

Thanks,

 

Related:

RAJUK Jhilmil Residential Area Flat Project

Japan will build Smart City in Bangladesh

Want to Buy or Rent an Apartment in Bangladesh

RAJUK Uttara Apartment Project in Dhaka City

Purbachal New Town Project in Dhaka City

Tourism Industry in Bangladesh | Safe Investment Option

Safe Investment Option at INANI Beach Cox’s Bazar

Used Flat for Sale in Dhaka | Secondary Property Market in Dhaka

RAJUK Purbachal New Town design Approval


Friday, July 9, 2021

Japan will build Smart City in Bangladesh


Smart cities, are the result of the growing importance of orienting our life toward sustainability. There are different parameters by which a city ranks more highly than another. To achieve this 10 key dimensions are considered: Governance, urban planning, public management, technology, environment, international projection, social cohesion, mobility and transportation, human capital and economy.

The development of 'smart cities' has been a top priority for many countries and Bangladesh may soon join their ranks. In a bilateral meeting with Bangladesh's ICT Minister Junaid Ahmed Palak and the Japanese Ambassador Naoki expressed Japan's interest in building a smart city in Bangladesh. Last year Japan has set aside a 250 billion yen (US$ 2.4 billion) fund to support Smart City projects by Japanese companies and improve decarbonization measures in 26 cities across ASEAN.

According to Mr. Naoki, Japan has contributed in many sectors, including infrastructural development of Bangladesh. There are currently more than 300 Japanese companies operating in Bangladesh - three times as much as in the last 10 years.


Japan is the largest Asian export market for Bangladesh, amounting to USD 1.3 billion. Despite the many challenges posed by the Covid-19 epidemic, Japanese companies are ready to expand their business in Bangladesh.

Naoki called for the development of strategic relations to further enhance cooperation between the two countries. He said that ICT sector is now the main driving force of the economy of Bangladesh. The Japan International Cooperative Agency (JICA) can further enrich Bangladesh's plan to become a developed economy by the year 2041 by assisting in the development of technology-dependent human resources.

Naoki emphasized the importance of collaboration to further expand cooperation between the two countries through the development of strategic partnerships between Japan and Bangladesh.

To further strengthen Bangladesh's ICT sector, ICT Minister Junaid Ahmed Palak made a number of proposals to the Ambassador, including on cyber security, e-waste management and e-governance. Palak said, "We have already sent a proposal to ERD to set up a Bangladesh-Japan ICT University,".


Japan has allocated 2.4 billion to support Japanese companies in the Smart City project and the development of carbon-free systems in 28 ASEAN cities. Tokyo expects all 26 cities to present their smart city projects by the end of this year, and eligible projects will be selected by March.

Japan expected these 26 cities across ASEAN to present their Smart City development plans at the end of last year, with eligible projects to be picked by March this year. It also expects Japanese companies to have basic plans for these cities with feasibility studies conducted. However, at the time of writing, its progress is still unclear

 

Thanks,

 

Related:

RAJUK Jhilmil Residential Area Flat Project

Want to Buy or Rent an Apartment in Bangladesh

RAJUK Uttara Apartment Project in Dhaka City

Purbachal New Town Project in Dhaka City

Tourism Industry in Bangladesh | Safe Investment Option

Safe Investment Option at INANI Beach Cox’s Bazar

Used Flat for Sale in Dhaka | Secondary Property Market in Dhaka

Real Estate Companies in Bangladesh are Rising


Wednesday, June 9, 2021

Padma Bridge Progress | Construction Work Latest Update


The installation of concrete slabs on the road of Padma Bridge will be completed in September 2021. Then this dream bridge can be crossed on foot if you want! Railway work has also progressed a lot. Construction work to build a rail link from the ground to the bridge could be completed by next December. Then the bridge can be crossed by walking along the railway. Considering the progress of the overall work of the Padma Bridge till 1st June, the bridge department hopes that if all the works go well, the bridge can be opened for vehicle in June 2022. There is also a target to start the train on the same day.

However, there is some uncertainty about the launch of the train. The Ministry of Railways says a pillar of the flyover (viaduct) outside the bridge is being demolished due to design complications. Due to this, the work of making rail-line connection with the bridge has been delayed. The work of laying the railway line outside the part of the bridge has not started.

On December 10, the main bridge was erected by attaching the last or 41st steel span of the Padma Bridge. This created a direct connection between Zazira of Shariatpur and Mawa of Munshiganj. Vehicles will pass over the two-storey Padma Bridge and trains will pass through. Rail and road are now being constructed with concrete slab pairs for bridge crossings. As of June 1, the work of laying vehicle and railway slabs has been completed by 89 per cent and 95 per cent respectively. According to the progress report of the project, the work of the main bridge has progressed 93.50 percent till June 1. The overall progress of the project is 86%.


Project Director Shafiqul Islam said, if there is no major problem or rains and floods, the work of laying road and railway slabs will be completed in the upcoming September. Then anyone can cross the bridge on foot if you want. There were some problems with the Corona situation and river erosion last year. Now it is over, he hoped that the Padma Bridge would be inaugurated next June. However, being able to cross the bridge on foot does not mean it will be open for human movement.

According to the progress report of the project, 2,917 concrete slabs are to be laid on the main bridge to make way for vehicles. 2,604 have been installed till June 1. A two-millimeter layer of water insulation, known as a waterproof membrane, will then be placed over the slab. It's a lot like a plastic cover. Then a few layers of pitch will be poured with stone, cement and bitumen. Its thickness is about 100 millimeters.

In addition, walls and road dividers should be provided on both sides of the road, which is known as parapet wall. If 12,390 concrete slabs are added, the walls will be completed. More than 10,500 parapet wall slabs have been installed. The remaining slabs of the parapet wall have also been made. The Padma Bridge will have street lights like other bridges. However, additional architectural lighting will be installed on the entire bridge. With it, the bridge can be illuminated in different colors on Special Day or any big occasion. Large installations, including the Burj Al Khalifa Tower in Dubai, have such lighting.

The main bridge over the river is made of steel structure (span) over the pillars. Its length is 6.15 kilometers. Outside, the main bridge is being connected to the ground by a sloping runway at both ends. The length of this flyover known as viaduct which is 3.68 km. In all, the total length of the bridge stands at 9.83 km. The viaduct is made with a pair of concrete slabs. At the Jajira end putting slabs together has done. There are only six slabs left in Mawa end. It will be completed by the middle of June.


Railway work progress:

Under the Padma Bridge project, the bridge department is constructing a railway on the main bridge and 532 meter flyover at both ends of the bridge. According to the bridge department, 2,959 concrete slabs are to be laid on the bridge to build the railway. Of these, 2,815 have been installed. Apart from this, the Ministry of Railways is responsible for constructing additional flyovers up to the ground, laying railway lines and operating trains. Railway is implementing a project worth around Tk 40,000 crore in this regard. Under this, construction work of 172 km broad gauge railway from Dhaka to Jessore is underway. The duration of the project is till 2024.

The work of the whole rail project has been divided into three phases. These are: construction of railway from Dhaka to Mawa, from Mawa to Bhanga and from Bhanga to Jessore. On the day of the inauguration of the bridge, the railway has decided to start train service from Mawa to Bhanga in Faridpur via Padma Bridge. The distance of this part is 42 km, the work has 77 percent done.

Now the work of laying the railway line and the station has to be completed. As per information, it will take six months to lay the 6.15 km long railway line over the bridge. The director of the Padma Rail Link project also sent a letter regarding this issue to the director of the bridge project in January. If the bridge is launched in June, the scheduled route will have to be completed at the beginning of January. More work remains to be done, including laying a gas pipeline next to the railway. Two separate companies for rail and bridge and two contractors cannot work together.


There are challenges in Padma River:

Last year's floods caused some complications after the Mawa construction site was submerged in the riverbed. Project officials say the preparations that have been made this time have reduced the risk of erosion inside the project area. However, the nature of the Padma River is complex. According to the bridge department, in the last flood, after digging in an area of ​​about one kilometer at the edge of Mawa, additional silt of about 20 meters has accumulated. There will have to be re-excavation. Besides, the work of river governance is still lagging behind the main bridge. The total progress of the work is 83.50 percent.

 

Expenditure on Padma Bridge:

The Padma Bridge project is being implemented by the Bridges Division under the Ministry of Road Transport and Bridges. When the Padma Bridge project was approved by ECNEC in 2007, its cost was Tk 10,161 crore. Later the cost increased by three phases. So far, the total cost of the Padma Bridge estimated at Tk 30,193 crore. The deadline for completion of the project is set to be completed next June. In the next one year, if there is any defect in the bridge, the contractor will repair it and if there is any debt of the contractor, it will also be settled by the department.

Expert says, there is no big technical challenge on the Padma Bridge now and there is not financial problem. The construction of the bridge has taken more time. As a result, the sooner the bridge can be opened, the more people will get the benefits. This Padma Bridge Project is not just a necessity; it is a project to transform the economy of the whole country. It has become a huge investment, including the construction of expressways around it. So to take advantage of it, the bridge needs to be started quickly.

 

Thanks,

 

Related:

Subway Rail System in Dhaka City

LRT | Light Rail Transit Services in Narayangonj

Dhaka - Jashore in Two and Half Hoursvia Padma Bridge

Faridpur Bhanga to Mawa Rail Line

Dhaka City Metro Rail MRT Line 6 willstart in 2019

Dhaka-Ishwardi- Benapole Dual GaugeRail Route

Rupsha Railway Bridge in Khulna-Mongla Rail Line

Dhaka to Kurigram Direct Express Train

Dhaka - Chattogram Double Track Railway Update

Dhaka-Mawa-Bhanga Expressway has been Inaugurated


Saturday, May 29, 2021

Used Flat for Sale in Dhaka | Secondary Property Market in Dhaka

Recently one of my friends bought a used 1,600 sqft flat in Sector 10 of the Uttara in Dhaka city at BDT 85 lacs. If he wanted to buy a new flat, he would have to shell out at least Tk 1.20 crore, an amount that would have been tough for him to manage. But my friend is very happy now he said, “The used flat he bought is almost new, and without any hassle, the owner has handed over the possession of the property”. People are searching for used flat for sale in Dhaka.

The market size of the secondary Apartment / Flat segment in Dhaka city has no reliable data. Flat / Apartment buyers in the city are now showing an increasing interest for used flat in Dhaka as the properties are cheaper and spacious and come with utility services, especially gas connection, according to realtors and home loan providers. The demand for used flat for sale in Dhaka is around 20 per cent of the total demand for the properties in the city.

The demand for the secondary flat is growing day by day. There can be two reasons: they can be bought at lower prices, and they are roomy. Data on property demand in the last 14 months showed the requests for secondary properties in Dhaka averaged 76 per cent of all queries. The owners cannot use around 400sft of a 2,000 sft flat although they have to pay the price. But, the owners of used flats can use the entire available floor space and rooms were spacious.

For most of the cases about used flat for sale in dhaka, buyers have to renovate the flat. In some cases, they get a flat in excellent condition. This high demand for secondary properties is reflected everywhere. The ready flat market segment or the secondary property market has always been at the forefront of Bangladesh's real estate industry.

The highest percentage of query for used flat for sale in Dhaka, low price flat in dhaka was and such queries experienced in August last year when it accounted for a staggering 86 per cent. Even during the peak of the pandemic in April and May in 2020, when the entire real estate sector experienced a slowdown, about 65 per cent of all property demand in Dhaka was for ready flats.

People on the internet / Google are searching for secondary market properties for used flat sale in Mirpur, Uttara, Dhanmondi, Kalabagan, Rampura, Banasree, Moghbazar, Aftab nagar, Gulshan, Segunbagicha, Banani, Khilgaon, Mohammadpur, Shyamoli, Bashundhara residential area in Dhaka city. The searching queries show that the demand for secondary properties is solid.

Some popular area such as Mirpur, Uttara and Mohammadpur have plenty of ready flats available, even though there hasn't been an adequate supply of secondary properties / used flat for sale in Dhaka. One of the major reasons people search for homes in Mirpur, Badda or Dakshln Khan is affordability. Some parts of Uttara can be great locations to find affordable secondary properties.

 

Used flat sale in Mirpur:

Based on the present market report and data, in last 4 to six months the average price of ready flats in Mirpur was around Tk 4900-5000 per sft, with certain places such as Pirerbag and Section 11 offering flats at Tk 3,100+ per sft.

 

Used flat sale in Uttara:

The average price of ready flats in Uttara was BDT 6,500+ per sft, though the inner sectors are more affordable.

 

Used flat sale in Dhanmondi:

Dhanmondi area is more complex in terms of the price of ready flats. The average price of recently added properties can be more than Tk 10,000 per sft. Properties in West Dhanmondi and Shankar are sold at Tk 6,500+ per square feet.

 

People like to purchase suitable secondary flats due to availability of gas connection, while there is no guarantee that new flats will have the connection. Real estate experts said that secondary flats were comparatively cheaper than the new ones, so the middle-income groups that couldn't spend a big amount purchased used properties. The non-bank financial institution provides home loans against secondary flat. The number of loan files for secondary flats is increasing gradually.

The REHAB had urged the National Board of Revenue to reduce the registration cost for secondary flats to help expand the segment of the housing market. The demand for secondary flats was good, but products were not available.

 

Thanks,

 

Related:

RAJUK Jhilmil Residential Area Flat Project

Want to Buy or Rent an Apartment in Bangladesh

RAJUK Uttara Apartment Project in Dhaka City

Purbachal New Town Project in Dhaka City

Tourism Industry in Bangladesh | Safe Investment Option

Safe Investment Option at INANI Beach Cox’s Bazar

JAPAN Will Build Smart City in Banglahdesh

Real Estate Companies in Bangladesh are Rising

RAJUK Purbachal New Town design Approval


Sunday, January 24, 2021

Best 5 Star Hotel in Inani Beach | Coxs Bazar | Prashad Sholilkul


Tourists now look to the natural beauty of one of the world's best Coral Sandy Beach in Inani, Coxsbazar which will be an "Exclusive Tourism City" soon. Government has taken some initiatives and master plans to develop this beautiful beach and as a result, Inani Beach will soon become the focal point of attractions for beauty-thirsty tourists in the Cox’s Bazar area. Prashad Sholilkul is an international standard 5-Star Studio Hotel and Service Apartment at Inani Beach in Cox's Bazar which will start soon. This 15-storied 5-Star hotel is going to be one of the best hotels in Inani beach as well as in the whole Cox’s Bazar district.

The Prashad Sholilkul is located on Inani beach, Cox's Bazar beside Teknaf-Coxsbazar marine drive road with lush green hills rise from the east side and endless sea stretching on the west side, the hotel offers panoramic visuals of the Bay of Bengal. It will be a perfect destination at Inani Beach in Cox’s bazar with a verity of choices for relaxation, dine, recreation, and various entertainment etc. The visitors will be provided absolute calmness and privacy. The under construction Prashad Sholilkul will be most beautiful, 15-storied eye catching, 5 Star Studio Hotel in Inani Beach, Coxsbazar.

If you are a travel friendly tourist and real investor, if you want to invest your hard earned money for the future in the Hotel Business in Coxsbazar. You are welcome to become one of the proud owner of this ongoing mega, world class 5 star standard luxurious Studio Hotel PRASHAD SHOLILKUL at Inani Beach, Cox’s Bazar. It’s a most potential platform for the people who look forward to spend their holidays in a silent natural environment beach side hotel. And at the same time to discover the way of Halal income generation over generation.

 

Location of Prashad Sholilkul Hotel in Inani Beach, Coxs Bazar:

  • It is located 28.0 km from Cox's Bazar Airport
  • 26.0 km from the Coxsbazar Bus Terminal
  • 24 km from Kalatali Beach
  • Only 1 km from the Inani Beach

 

Details about Prashad Sholilkul:

Name: PRASHAD SHOLILKUL

Address: Marine Drive, Inani Beach, Cox’s Bazar, Bangladesh

No. of Storied: 15

Building Height: 206 Feet

Each Floor Area: 25,000 Sqft (Up to 11th Floor)

Total Built up Area: 4,11,000 Sqft

Ground Lobby: 7,000 Sqft

Top Floor Restaurant: 10,000 Sqft

Total No of Suites: 457 Nos


Rooms / Suites details at Prashad Sholilkul 5-Star Studio Hotel in Coxsbazar, Inani Beach:

  • Premium Suite-1: Area 422 sft.
  • Premium Suite-2: Area 440 sft.
  • Exclusive Suite-1: Area 475 sft.
  • Exclusive Suite-2: Area 805 sft.
  • Super Deluxe Suite-1: Area 720 sft.
  • Super Deluxe Suite-2: Area 798 sft.
  • Presidential Suite-1: Area 1350 sft.
  • Presidential Suite-2: Area 1105 sft.


Exclusive Facilities and Services at Prashad Sholilkul Hotel in Inani Beach:

  • More than 100 Car Parking facilities
  • Grand Lobby
  • Swimming Pool
  • Limousine Service
  • Sauna, Yoga and Spa
  • Large Conference Hall
  • Movie Theatre
  • Business Center
  • Shopping Center
  • Ladies and Gents Parlor
  • ATM Booth
  • Medicine Corner
  • Art Gallery
  • Library
  • Kids Zone
  • Disco
  • Bar-B-Q
  • Bowling Zone
  • Billiard Center
  • Table Tennis
  • Lone Tennis
  • Roof Top Restaurant
  • Gymnasium
  • Fitness Center
  • Banquet Hall
  • Laundry & Linen
  • Sea View Sitting
  • Prayer Space
  • Party Room
  • Grand Shop of Brand Items
  • Wireless WiFi Zone
  • And many more…

 

As per the some master plans and some initiatives of the Government of Bangladesh, within next few years the Inani beach is expected to become an International Standard Exclusive Tourism Zone in the country. The most beautiful sandy beach of Inani is now under an exclusive master plan of Bangladesh Tourism Board. The location of PRASHAD SHOLILKUL has been attractive both for international and domestic tourists with the exotic of its green hills and soothing panoramic view of its blue water. Resorts and Hotels in Inani Beach are getting popularity day by day.

In keeping with the master plan Hotel Prashad Sholilkul a giant undertaking, is designed to offer long-run attractive facilities and financial benefits to all of its investors. Please visit official website or Facebook Page of the PRASHAD SHOLILKUL to see the latest offer / packages. Before make any kind of investment please visit the office of Al Jesour Resort Ltd, at Mohakhali DOHS, Dhaka and talk to them in details. If you invest in this project, it will bring you life-long monthly benefits and you can also enjoy holidays with your family any time of the years.

 

Related:

Safe Investment Option | Premium Suites at Prashad Sholilkul

5 star hotels in Cox’s Bazar

3 Star Hotels in Coxs Bazar

Seagull Hotel in Coxsbazar

The Hotel Cox Today in Coxsbazar

Long Beach Hotel Coxsbazar

Ocean Paradise Hotel Coxsbazar

Hotel Sayeman Beach Resort in Coxbazar

Praasad Paradise Hotel & Resort

Sea Crown Hotel Cox bazar | Best 3 Star

Hotel Royal Tulip in Coxsbazar | Bangladesh

JAPAN Will Build Smart City in Banglahdesh