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Top Areas for New Real Estate Investors in Dhaka

"Investing in Real Estate: A Beginner's Guide with Platinum Property Management"

Dakshin Khan

A Future Gem with Affordable Pricing

Dakshin Khan boasts all essential facilities and amenities, making it one of Dhaka's most promising areas in terms of future value. The area stands out due to its affordable property pricing. A 2-bedroom apartment here costs just BDT 6000 per square foot, significantly less than a similar property in nearby Uttara. You can even find apartments for as low as BDT 5000 per square foot.

Dakshin Khan's proximity to key areas like Uttara, Bashundhara R/A, and Purbachal enhances its appeal. The ongoing development in Purbachal is improving connectivity and accessibility, further boosting Dakshin Khan's prospects.

Aftabnagar

A Growing Hub with Increasing Demand

Aftabnagar has been an investor favorite for several years and shows great potential for growth and development. The area is well-organized, and neighborhoods remain serene and full of fresh air. Aftabnagar is already halfway through its development and is expected to become a fully-fledged residential area within a decade.

The demand for properties in Aftabnagar is growing rapidly. In 2023, Aftabnagar received more property requests than many established areas, and property prices have risen significantly over the past two years. The average price per square foot for an apartment increased from BDT 6,500 in 2022 to BDT 7,480 in 2024, and land prices have also seen a substantial increase.

Bochila

A Hotspot for Future Development

Bochila, located on the banks of the Buriganga River, offers everything a potential investor could want. The area is directly connected to Mohammadpur, ensuring excellent accessibility to the rest of Dhaka. Bochila has seen a housing boom in recent years, with a significant number of buildings constructed.

Despite this growth, prices remain affordable. The average price per square foot for land in Bochila is around BDT 2,736, while for an apartment, it's BDT 4500. The high ratio of land purchases to apartments suggests good long-term investment potential.

South Banasree

Value-for-Money in a Planned Area

South Banasree offers a great combination of value and amenities. This meticulously planned area is home to renowned educational institutions and state-of-the-art hospitals. Ongoing development in Blocks G, H, and It promises further improvements in accessibility and housing facilities.

Compared to Aftabnagar, the average price per square foot for an apartment in South Banasree is 15% lower, making it a highly lucrative location for real estate investors.

Final Thoughts

With Bangladesh set to become a high-income nation by 2041 through industrialization, other sectors, including real estate, are poised to boom. According to our data, overall apartment prices in Dhaka have grown by 5.1%, with some areas seeing double-digit increases since 2020. This upward trend in property prices is expected to continue, making now a great time to invest in Dhaka's real estate market.