Co-founder & Regional MD (Emerging Markets) Lamudi
25000 20000 15000 10000 5000 0
2009
2010
2011
GDP Growth
2012
Forex Reserves ($ mil)
8
7
6
2013
2014
2015 (Exp)
5
Remittances ($ mil)
Garments Export ($ mil)
Residential
Commercial
National Avg Avg Market Price Max of Market Price Avg Discounted Price 0
2000
0
10
4000
6000
8000
10000
<25 lakh 25 lakh - 50 lakh 50 lakh - 75 lakh 75 lakh - 1 crore 1 crore +
20
30
40
50
60
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RAKEEN CITY
There is no dearth of real estate developments in Dhaka city. Home to 18 million people, Dhaka is a bustling city and growing bigger every day. Real estate sector in Bangladesh is decades old and continues to play an important part in the growth of Bangladesh. In this inaugural edition of Property Now, we feature one of the newest entrants into the real estate sector of Bangladesh, who have created an enormous buzz with their first project and look set to revolutionise the sector.
Rakeen Development Company (BD) Limited was founded by Dr. Khater Massaad & Mr. S A K Ekramuzzaman in 2008. Rakeen, which mean “Pillar” or “Trustworthy Support" in Arabic seeks to be the pillar of trust and reliability while redefining comfort, luxury and security for their customers. Built on 50 bigha of land, Bijoy Rakeen City is envisioned to be the biggest, world class, gated community in Bangladesh. Every care has been taken to make sure that it is not simply a roof over the head constrained by four walls, but it is the place where your heart resides. For a project of this size and stature, safety is very important and it is appropriately
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located near Kochukhet Cantonment, near Police Staff College in Mirpur.
Rakeen wishes to bring the quality of life enjoyed in Singapore, Malaysia to Bangladesh and they are confident of maintaining the standards once the project is handed over. To deliver such world class quality, Rakeen decided to work with the best and chose ESLA Construction Company from Middle East, an internationally renowned company for quality construction and timely delivery. Delayed delivery of projects is the biggest fear of customers today and Rakeen has tackled it head on by not only staking their reputation on timely delivery but promised to set a standard not seen before in the industry. To achieve this, the quality and level of construction is maintained and monitored constantly.
No effort has been spared to provide a luxurious lifestyle to the occupants of Bijoy Rakeen City. Customers will get to enjoy wide green fields and a healthy lifestyle in a center of the city. A bigger attraction to potential buyers with young families will be the international school within the premises. Access to quality education for their kids is every parents’ worry, but has provided peace of mind for their customers on this front. Quality international standard education is a stone‘s throw from their homes.
Other conveniences include a commercial complex housing branded outlets, medical center, food court for the foodies and a gymnasium to work it out.
Safety is also of paramount concern in the design. Piling has been carried to a depth of 70 feet without water and the design is earthquake resistant upto 7.5 on the richter scale. The entire complex will be monitored using 24 hour CCTV system. Fire sprinkler systems are installed throughout the 3-tier parking lot. In all its efforts to provide a luxurious and comfortable lifestyle to its customer, Rakeen has not forgotten about the environment. Bijoy Rakeen City will be the first residential project in Bangladesh to incorporate a Sewage Treatment Plant to keep effluents odourless and non-polluting.
Rakeen’s promise is to deliver you an escape from the pollution, noise and congestion of Dhaka city. They have thoughtfully designed this paradise to provide unparalleled comfort, convenience and quality of life for you and your family and all signs point to them delivering on their promise - “A beautiful life awaits you”
36 15 2 SIZES Residential Buildings Storeys high
1872 & 1553
50
BIGHA LAND
2017
DECEMBER
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