Picture shows apartments under construction. The demand for taking up such projects in the suburbs now comes to the fore to make housing affordable to the middle and lower middle-income people. Photo: STAR

Undertaking projects in suburbs

Picture shows apartments under construction. The demand for taking up such projects in the suburbs now comes to the fore to make housing affordable to the middle and lower middle-income people. Photo: STAR

Dhaka is now a city in disarray. The slum population is increasing at an alarming rate.

There is a need for 150,000 new residential units a year, while developers are able to build only up to 7,000 units.

Due to the exorbitant price of land, the cost of apartments in the city has skyrocketed to a point where it is just not affordable to a middle-income person.

Add to this, the payments that need to be made to local hooligans at every site and the speed money that needs to be paid for plan approval and utility

Arshi Haider is an Engineer and Managing Director of Building Technology & Ideas Ltd.

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