Bangladesh housing sector faces major growth barriers

ByEnigma 808

Bangladesh’s housing and real estate sector, contributing nearly 18% to the national GDP, faces significant challenges, including bureaucratic delays, high taxes, rising material costs, and high bank interest rates. These issues were discussed at the “DBC ProExchange Cross-Sector Learning Hub” seminar in Dhaka on Friday.

Mohammad Tanvirul Islam from Amin Mohammad Foundation highlighted that despite the sector’s growth, government approval complexities, high registration costs, and lack of transparency hinder its progress. He called for better policies, transparency, and technology-driven planning to sustain growth and attract investment.

Md. Saiful Islam from Edison Real Estate emphasized cost management and the importance of fire safety. The speakers urged more collaboration between developers, regulators, and financial institutions to remove bottlenecks and foster sustainable growth in the sector.

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    Besides writing and being a content creator, Enigma 808 sometimes likes to watch paint dry on walls, listening to ASMR while timing snails racing. Such is life.