Investment Opportunities: Why Bashundhara Apartments Offer High ROI? | JCX Developments Ltd.
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Investment Opportunities: Why Bashundhara Apartments Offer High ROI?

Real estate investments in Dhaka frequently aim to maximise profits while guaranteeing a safe and appealing location. Because it offers luxurious living and significant potential for a high return on investment (ROI), Bashundhara stands out as a top investment destination. Before tapping into the particulars of Bashundhara's benefits, let us comprehend the more general elements that affect Dhaka real estate investments.

Important Things to Think About Before Buying a Property in Bashundhara

When choosing a property, especially in a location like Bashundhara, it is necessary to take into account several significant factors. These elements have a direct effect on the city's real estate investment potential as well as the quality of life for its residents.

Infrastructure Development and Economic Growth

Dhaka’s thriving economy, supported by major infrastructure upgrades like elevated motorways, metro rail projects, and expanding business districts, has altered Dhaka's real estate market. These improvements not only improve daily living conditions but also significantly increase property values. Areas like Bashundhara, which are experiencing such growth, gain a great deal from these improvements, making them ideal sites for future appreciation and long-term return on investment.

Connectivity and Strategic Location

The location of an apartment has a big impact on its demand and return on investment. Because of its proximity to significant business hubs, educational institutions, top-notch medical facilities, and well-established road networks, Bashundhara offers an unmatched advantage. Due to its easy access to the city's major business districts and vital transit routes, it is a highly sought-after residential and investment zone, which boosts its appeal and property value growth.

Market Trends and Real Estate Prices

When choosing an investment, it is essential to keep up with changes in the market and trends in real estate prices. Property prices in Bashundhara have been steadily rising in recent years due to demand and continuous infrastructure improvements. With a solid reputation in the market and clear indications of future expansion, apartments in Bashundhara should continue to appreciate and provide investors with sizable returns over time.

Legal Guarantee and Unambiguous Records

A crucial component of any real estate transaction is guaranteeing legal clarity. To ensure that the property is free from legal issues and that all ownership and transfer documents have been correctly verified, investors should perform extensive due diligence. Residential projects in Bashundhara are renowned for upholding strict legal transparency standards, which reduce risks and provide investors and buyers with peace of mind.

Historical Context: The Rise of Bashundhara Residential Area

Located in Dhaka's Vatara Thana, the Bashundhara Residential Area is one of the country's most prominent and well-designed housing developments. It was created by the Bashundhara Group and has come to represent contemporary urban living by providing its occupants with a safe and tranquil environment. Under the direction of Ahmed Akbal Sobhan, this development got underway in the 1980s and has since developed into a highly desirable residential area. The project first encountered difficulties because it was situated on low-lying marshland, and in 2011 some of the development was declared illegal because it was located in a flood flow zone. But in 2014, a cabinet committee stepped in to update Dhaka's Detailed Area Plan (DAP), granting the project legal status and opening the door for further expansion. With a developed area of 552.6 acres and a total area of 3,346 acres, Bashundhara is now home to about 274,200 people. Essential facilities and services are part of its well-planned infrastructure, which has helped it gain popularity and value quickly. Over the last three decades, Bashundhara's land prices have increased by an astounding 200%; the value per Katha has increased from BDT 1 lakh in 1988 to almost BDT 2 crore or more today. The area's peaceful atmosphere, security, and strategic planning make it appealing even though it is a little distance from Dhaka's traditional commercial centres like Motijheel and Gulshan. This sharp increase in land value highlights the exceptional investment opportunity that Bashundhara offers. Due to the area's planned infrastructure, historical growth, and high desirability, real estate investments here are guaranteed to yield outstanding returns over time.  The demand for real estate in Bashundhara is constantly rising, despite its distance from central business districts, making it a great place for long-term investors hoping to optimise their return on investment.

Factors Contributing to High ROI in Bashundhara Apartments

High-end neighbourhood

A clean, peaceful and green environment draws families and individuals looking for a higher standard of living to Bashundhara. Buying a 4-bedroom flat in Bashundhara guarantees both long-term value growth and a comfortable lifestyle.

Superior Security

Apartments for sale in Bashundhara are more appealing and safe for long-term investment because of the neighbourhood’s reputation for increased security – assuring residents of safety for their families.

Outstanding Accessibility

Residents who are in the working class category or are entrepreneurs who have offices in the surrounding areas can move into ready flats in Bashundhara right away and adjust to their work life with ease. Professionals seeking comfort and accessibility will find Bashundhara to be the perfect place to work because of the area's excellent connectivity and well-developed roads, which make commuting to and from work extremely convenient.

Closeness to Medical Facilities and Educational Institutions

The region is a great place for families because it has many prestigious schools, colleges, hospitals, and medical facilities. The neighbourhood's appeal and property values are raised by its proximity to necessary services.

Prospects for Future Development

With ongoing and planned infrastructure developments that promise further increases in property values, Bashundhara is well-positioned for future growth. This includes residential developments, business hubs, and new roads that will enhance its long-term return on investment.

Plenty of Amenities

Numerous facilities are available in the area, including malls or super shops, sports complexes, mosques, recreational clubs, and parks. These facilities improve residents' comfort and quality of life, guaranteeing their long-term happiness and sustaining the strong demand for real estate.

Contentment of Residents

Stable demand is a result of high resident satisfaction levels brought on by the amenities, security, and peaceful setting of the area – because contented residents are less likely to move, the real estate market is stabilised and steady rental yields and value growth are guaranteed.

Unique Residential Areas

Because Bashundhara is solely a residential neighbourhood, it has less traffic and noise than more commercialised areas of the city. The calmness of Bashundhara is a big draw for investors looking for a luxurious apartment in Dhaka that will rise in value over time.

Conclusion

Because of the increasing demand for residential real estate in the area—particularly from nuclear families looking for apartments with two or three bedrooms—investing in apartments in Bashundhara yields significant returns. Although the majority of apartments are between 1,800 and 2,200 square feet, there are prospects for future developments due to the growing demand for smaller apartments – however, that’s not always the case. In addition to being easily accessible by major roads like Progoti Shoroni, Bashundhara is also close to shopping centres, medical facilities, and educational institutions. Even though there aren't many options for opulent apartments, the neighbourhood's emphasis on green areas, energy-efficient architecture, and basic amenities guarantees its long-term appeal. Despite issues like a lack of parking and communal areas, Bashundhara is still a desirable place to invest because it provides a tranquil lifestyle and a high return on investment for both big and small real estate investors.

Frequently Asked Questions (FAQs)

What is the average size flat in Dhaka?

A large amount of the demand is met by the most popular apartment sizes, which typically fall between 1,500 and 2,500 square feet. Significant interest is also shown in larger apartments, which are usually between 2,000 and 3,000 square feet, particularly by purchasers looking for more roomy living arrangements.

Which area of Dhaka is best for living?

Gulshan, Banani, Dhanmondi, Baridhara, and Bashundhara Residential Area are a few of the safest neighbourhoods in Dhaka. These neighbourhoods are perfect for families and single people looking for peace of mind because they provide a safe atmosphere.

Why do people want to move to Dhaka?

People flock to Dhaka for its lucrative job prospects and vibrant business environment. The city offers higher salaries and numerous international firms, along with better schooling options for families, making it an attractive destination for those seeking to enhance their careers and lifestyles.

testimonials

I must praise the consultant who worked with us and helped us choose the perfect apartment. He understood our requirements very well and helped us accordingly. Great team!

-Morshed Hossain

Thank you for helping us throughout the project and also getting the apartment ready on time. Really happy with the effort of your team and wish you success.

-Mehazabien Chowdhury

Assalamu Alaikum. I want to start by thanking the people at JCX for being very friendly and understanding. I have experienced this kind of cooperation very rarely in this industry. Best Wishes to the company.

-Mohshin Ahmed

JCX Developments BD has made it very easy for us to find and buy the perfect home as we imagined.

-Dina Akhter

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