Real estate portal bproperty.com on Wednesday inaugurated the first rental marketplace in Uttara, Dhaka aimed to provide specialised services to tenants and landlords.
Bproperty also has another office in Uttara which has been providing support for buying and selling of residential and commercial spaces, and land.
However, the newly opened marketplace will be providing both online and offline services, as well as support for renting and letting of residential and commercial spaces.
The designated marketplace is expected to make rental solution delivery much more effective and quicker.
According to a recent trend analysis shared by Bproperty, as much as 24 percent of Dhaka dwellers want to live in Uttara, while the second most prioritised area is Mirpur, with 20 percent residents wanting to live in the area.
According to the data collected by Bproperty over the course of six months – between October 2018 and March 2019 – 53.66 percent of the total demand for properties is for 1,500 square feet flats.
Additionally, 74.14 percent demand had been placed for three-bedroom apartments.
Present at the opening ceremony of Uttara's rental marketplace were Bproperty CEO Mark Nosworthy, Marketing Manager Mahzabin Chowdhury, Manager for Rental Service (Sales) Nahid Ahmed Miaze and Manager for Product and Growth Andy Augustin Rozario.
Mark Nosworthy said, "While we already have a marketplace in Uttara, we still opened the new marketplace in the area to provide even better rental and letting services as we receive a huge number of enquiries from our visitors who want to live in Uttara.
"The dedicated marketplace will help landlords and tenants understand the property dynamics in Uttara and how to end up in drawing a win-win for both parties," he added.
Bproperty.com, owned by the Emerging Markets Property Group headquartered in the UAE, launched its operation in Bangladesh in 2016.
The company currently has over 25,000 properties marketed on its website. The Emerging Markets Property Group has a rich experience in delivering world-class real estate solutions to emerging markets.
The Bangladeshi subsidiary is moving ahead with a plan to gradually invest $10 million. It employed over 600 local executives at six major cities and the number is going up as new areas are being included under its service network.