Bangladesh Unrest: Bangladesh is currently going through a period of political unrest and violence. This country is now drenched in blood. Since former Bangladesh PM Sheikh Hasina left the country, violence is showing no sign of stopping here. Amidst this turmoil, let us know which city of Bangladesh is the most expensive and how much land is available here.
Most expensive city of Bangladesh
The most expensive city of Bangladesh is Dhaka. As the political, economic and administrative center of the country, Dhaka largely dominates the real estate market of Bangladesh. It is not only the most expensive city in Bangladesh, but is also counted among the most expensive cities in South Asia in terms of land prices and cost of living.
How is land measured in Bangladesh?
Let us tell you that in Bangladesh, land is usually measured in Katha. One story is approximately 720 square feet. The price depends on the location, security, infrastructure and whether the land is commercial or agricultural.
Price in posh and VIP areas
The most premium areas of Dhaka are Gulshan, Banani and Baridhara. Let us tell you that Gulshan is considered the gold standard for luxury life and security. Land prices in these areas range from ₹2.8 crore to ₹9.2 crore per katha (BDT 4-13 crore). These areas attract people because of high security and very good infrastructure.
middle class residential areas
Land prices are slightly lower in well-developed but less exclusive areas like Dhanmondi and Uttara. But these are still expensive according to national standards. The cost of land here ranges between ₹ 60 lakh to ₹ 2 crore per story (BDT 85 lakh-2.8 crore).
Outskirts and new areas
Land becomes much cheaper in the outskirts of Dhaka and in newly built residential zones. In these outer areas, residential plots are available for ₹3.5 lakh to ₹10.5 lakh per story (BDT 5-15 lakh). But the prices of commercial land in prime business areas of Dhaka are very high. Rates here start from ₹35 lakh per story (BDT 50 lakh) and often go much higher depending on location and road connectivity.
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