The New Nation - Internet Edition

Pankaj Barua, Sitakunda

The four-day long 6th Housing and Real Estate fair concluded at the IEB Auditorium at Lalkhan Bazaar in Chittagong.

The fair, organized by the Bangladesh Real Estate Directory (BD-RED), was inaugurated by the City Mayor (in charge) Alhaj M Manjoor Alam on August 23 last. The fair came to an end on August 26 last.

Thirty-seven housing and real estate companies of Dhaka and Chittagong participated in the fair. In addition, a number of building materials producing companies, electric materials producing companies and house finance companies also participated in the fair.

Prospective buyers and the inquisitive clients form across the city and beyond visited the fair everyday. On the occasion of the fair the companies also declared different lucrative offers on their products to draw the attention of the clients.

Md Ziaul Hassan Razib, a Marketing Executive of Knights Frank Development Ltd and La-RIBA Properties Management Ltd (Joint Venture) said that many people came to the fair this year . They were looking for small and medium sized flats more. People especially wanted to know about the projects within the city area. "We got massive response from the clients. We have 8 projects and we gave 10 percent discount on all our products."

Priyatosh Shil, a retired official of CDA said he was thinking of buying a flat. "That is why I came to know about the price of the plot and the flat and the facilities offered by the different companies. We can choose the best one from the fair. "

The organizers expected that this year the total amount of transaction would be more than Tk 200 crore which would surpass the amount of transaction worth Tk 150 crore of the previous year.