Cost per square foot for apartments in Dhaka

Dhaka is the capital of Bangladesh. It is an urban and economic development center. It has over 22 million people and an increasing demand for modern living space, and therefore, apartment prices increase significantly across the city. From luxury high-rises in Gulshan to affordable flats in Badda, the cost per square foot varies depending on several factors. This blog explores the approximate cost per square foot for apartments in Dhaka.

Understanding Dhaka’s real estate market

Dhaka is a rapidly developing South Asian city. It has a manufacturing, IT, and trade-based economy. All these fuel the demand for housing. Apartments are trendy due to limited land and urban lifestyles. The prices vary based on location, infrastructure, and amenities.

Population growth determines the real estate market. Modern apartments are in high demand for the convenience they provide. Government policies, such as digitized land records, also have an impact. These render purchases more secure and transparent. Infrastructure projects, such as Metro Rail, raise property values in certain locations.

Approximate cost per square foot in Dhaka’s top areas

Location

Price Range

Gulshan

15,000–30,000

Banani

BDT 15,000–30,000

Baridhara

BDT 15,000–30,000

Dhanmondi

BDT 14,000–30,000

Uttara

BDT 7,000–15,000

Bashundhara Residential Area

BDT 8,136–12,000

Mirpur

BDT 5,000–10,000

Mohammadpur

BDT 5,000–10,000

Aftabnagar

BDT 5,000–12,000

Banasree

BDT 5,000–9,000

Tejgaon

BDT 5,000–12,000

Rampura

BDT 5,985–9,000

Badda

BDT 4,800–8,500