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Dhaka, the bustling capital of Bangladesh, offers a diverse range of housing options to cater to the needs of its growing population. Whether you're looking for a house or an apartment, this guide provides comprehensive insights into buying property in Dhaka, based on expert opinions, a comparative review, user reviews, and a detailed FAQ section.
We spoke with several real estate experts to gather their insights and advice on purchasing property in Dhaka. Here's what they had to say:
According to real estate consultant Mahmudul Hasan, "The real estate market in Dhaka has seen steady growth over the past few years. Prices vary significantly depending on the location, with areas like Gulshan, Banani, and Baridhara being more expensive compared to Mirpur, Uttara, and Banasree."
Property developer Shahnaz Begum emphasizes the importance of location: "Proximity to schools, hospitals, and transportation hubs should be a key consideration. Areas like Dhanmondi and Uttara offer good connectivity and essential amenities, making them popular choices among buyers."
Legal advisor Abul Kalam Azad advises buyers to be cautious: "Ensure that the property has a clear title and that all legal documents are in order. It's also wise to verify that the property is free from any disputes or encumbrances."
When choosing between a house and an apartment in Dhaka, it's important to weigh the pros and cons based on your budget and needs.
For buyers on a tight budget or those looking for convenience and amenities, an apartment is the best option. However, if you value space, privacy, and have a higher budget, investing in a house would be more suitable.
Here's what some residents have to say about their experiences with buying property in Dhaka:
"We bought an apartment in Dhanmondi last year. The location is perfect, and the amenities make life so much easier. It's been a great investment." - Rafiq Ahmed
"Living in a house in Uttara has its perks. We love the space and privacy, although maintenance can be a bit of a hassle." - Nasima Begum
"The demand for apartments is rising due to their affordability and convenience. However, houses in prime locations continue to attract buyers looking for long-term investments." - DhakaPropertyNews
"Investing in real estate in Dhaka offers good returns, but it's crucial to choose the right location and verify all legal aspects before making a purchase." - RealEstateBD
Some of the best areas to buy property in Dhaka include Gulshan, Banani, Baridhara, Dhanmondi, and Uttara. These areas offer good connectivity, amenities, and have a higher potential for property value appreciation.
The choice between a house and an apartment depends on your budget, needs, and preferences. Apartments are generally more affordable and offer shared amenities, while houses provide more space and privacy but come with higher costs and maintenance responsibilities.
Before buying property in Dhaka, ensure that the title deed, sales deed, and mutation certificate are in order. It's also important to verify that the property is free from any legal disputes or encumbrances. Consulting a legal advisor is highly recommended.
In addition to the property price, buyers should consider additional costs such as registration fees, stamp duty, legal fees, and any maintenance charges for apartments. These costs can add up to 10-12% of the property value.