What is Real Estate?
The real estate market helps to bring together various stakeholders, including property owners selling their assets, renters, property investors who purchase and sell properties merely for productive investments, consultants, renovators, and property brokers who function as mediators in the procedure of purchasing or attempting to sell a property.
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, Former U.S. President
Expansion of Real Estate in Chittagong
Chittagong has always been a culturally diverse and extravagant city known for its cosmopolitan decorum, delightful greenery, delectable cuisines, and gracious lifestyles. It was once well-known as a stunning port city. Today, Chittagong is a well-equipped, advanced, and associated massive market in Bangladesh, home to a large number of shopping malls, movie theaters, first-rate infrastructure, and the corporate headquarters of various major corporations and service providers.Any city’s growth, development, and flamboyance are greatly influenced by its real estate market, and Chittagong is certainly no exception. One of Bangladesh and South Asia’s fastest growing industries is the real estate market in Chittagong. Some of the top 10 Real-Estate companies in Chittagong are as follows:
Sanmar Properties: Sanmar Properties, founded in 1999, has become an innovator in residential, commercial, and shopping mall development, in addition to land condo advancement. Sanmar has matured swiftly in prominence as a result of its groundbreaking, inventive, and feasible approach to property development.It has always ascertained project completion on time and in full by collaborating with reputed specialists in diversified areas of expertise and employing a squad of enthusiastic and devoted employees.
Wecon properties: Wecon properties started its journey in Chittagong in January 2019. It consists of a strong team of architects and engineers who have the expertise and efficiency which levitates the quality of every project to perfection. They have projects at some of the most prime locations of Chittagong, offering both commercial and residential projects. Through investments in real estate, general investment finance, and management services, they have consistently sought to improve the lot of individuals and corporate clients while also contributing the fair share to the expansion and development of Bangladesh’s economy
Building Technology & Ideas Limit (bti): Bti, is a real estate company with high standards and a reputation for professional competence. Their commitment, years of experience, and unwavering pursuit of excellence have given them an upper hand in the industry. In Chittagong, bti is a well-established and widely respected real estate company with almost four decades of experience designing, constructing, and delivering residential and commercial addresses.
CPDL: On its 2004-started journey of change, CPDL has been making good progress. The three fundamental precepts of intelligence, innovation, and dignity were used to overcome the initializing obstacles. To establish and realize the distinct market identity of Quality in Time, Customer, Quality, and Time served as the catalysts. Unwavering teamwork in survey and advancement to enhance the practical, aesthetic, and moral core of the company pushed for Unity within the corporate and even among customers, associates, affiliates, stakeholders, and all other relevant entities.
Finlay Properties Ltd: Since Finlay’s beginnings in 2010, they have redefined how space is procured, crafted, and constructed in an attempt to meaningfully connect people. They view advancement as essential to their mission because it was born out of a desire to diverge from the traditional real estate industry methodologies.
Ranks FC: From design to construction and beyond, Ranks FC Properties Limited seeks to “Explore Excellence” at every stage of the procedure. In Chattogram, they have established the standard for upscale commercial and Digital residential real estate. They have already completed several projects and are bringing various upcoming projects to various locations throughout Chittagong.
Navana Real Estate Ltd: The core mission of NREL has always been to meet the highest standards of quality in all areas, including architecture, construction, engineering, and interior finishes. This has been mirrored in every project that has been presented, and the fit and finish is truly remarkable. They have a number of recently finished and upcoming projects that deliver iconic residential, commercial, and condominium properties throughout Chittagong.
Epic Properties Ltd:With the pledge of project completion, flawless and high-quality construction, ideal resale value, and unrivaled ownership circumstances within the allotted time, their protracted advancement journey has lasted for 19 years. At Epic Properties Ltd, they are introducing a fresh degree of competence, accountability, approachability, and clarity to the construction process. Committed to exploring new dimensions, they have completed over 56 projects.
Equity Property Management (pvt) Limited: With the goal of “providing quality products at a realistic expense within a specific time for the gratification of clients through highly qualified expertise,” Equity Property Management (pvt) Limited began operations on May 9, 1999. It has currently completed 47 projects totaling 1,113 residential units and 61,464 square feet of commercial space. The delivery of 10 additional projects, totaling 361 residential units and 320,274 sf of commercial space, is anticipated to take place over the coming few years.
Concord Real Estate: Concord is one of Bangladesh’s leading real estate and construction conglomerates. They have over 49 years of experience. Completing over 1,200 projects and delivering over 10,000 residential and commercial units to clients, Concord is known for setting records and breaking them. In only 89 days, they built the National Martyr’s Monument in Savar.