Bproperty to provide complete real estate solutions in Bashundhara R/A

As of September 2021, the demand to supply ratio for property in Bashundhara R/A on the platform stands at 3:1

The first three quarters of 2021 saw a significant influx of new listings being added to the Bproperty website — approximately 70,000 new listings from Dhaka, of which about 7.5% for sale were from Bashundhara residential area. 

And about 3% of all rental properties added from Dhaka were from Bashundhara R/A, Bproperty said in a press release. 

Moreover, compared to the first three quarters of 2020, Bproperty saw the demand for property purchase in the area rise by 243% while demand for property rent rose by 74%. 

As of September 2021, the demand to supply ratio for property in Bashundhara R/A on the platform stands at 3:1. 

To address this surge in demand and a high level of supply, real estate solutions provider Bproperty has recently opened a marketplace in Bashundhara R/A — its eighth marketplace so far.

Other Bproperty marketplaces are located in Mirpur, Dhanmondi, Mohammadpur, Banani, Rampura, and two in Uttara.

“When looking to buy or rent a property, people look for security, convenient access to basic necessities and supplies, and affordability,” said Mahzabin Chowdhury, Head of Marketing and PR at Bproperty. 

“As far as these factors go, Bashundhara R/A ticks all the boxes. Therefore, the area has become quite an attractive location for property developers, buyers, and renters. We expect the demand to rise even further in the coming years, which is why we have opened our newest marketplace focusing specifically on this area,” she added.

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Bproperty has apartments, duplexes, plots and even entire buildings currently listed in Bashundhara R/A. According to most recent data from Bproperty, during the first three quarters of 2021 on the platform, 37% of home seekers in the area in 2021 so far were looking for apartments between 1,001 square feet to 1,500 square feet. 

About 19% had a preference for flats that are within 1,000 square feet, while 16% had a preference for flats ranging between 1,501 to 2,500 square feet. 

In terms of bedroom preference, nearly 60% of the people were looking for a three-bedroom homes. Moreover, about 36% of home-seekers in Bashundhara R/A with specified budget requirements want homes between Tk50 lakh to Tk1 crore, and about 25% have a budget of Tk1 crore to Tk3 crore

About 8% of all property-related queries made to Bproperty in the first three quarters of 2021 have been regarding properties in Bashundhara R/A, further attesting to high demand for property in the area. 

Bashundhara R/A is also steadily flourishing into the next commercial hub of the capital. 

Commercial listings on the company’s website mainly include office spaces and shops for both sale and for rent.

The services available at Bproperty Marketplace Bashundhara include comprehensive support regarding buying, selling, and renting of residential and commercial real estate, as well as financial consultation and legal services. 

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The company has recently launched interior design solutions too.

Open seven days a week, from 9:30am to 6:30pm, the marketplace is located on the fifth floor of House 236, Road 2, Block B, Bashundhara, Dhaka-1230.

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