Friday, March 1, 2019
Business Plan for a Real Estate Business in Bangladesh Essay
It provide make good quality flats for clients to live and relish lot more exclusive facilities. All these will be easy at a very reasonable price. Since we believe in economies of scale. motto feel standardized living on heaven in every moment Financing To start up the business, Tk. 20 crores will be required, some additional conducts to be financed by the bank. The loan will be repaid by five years. Confidentiality This Business Plan is strictly mystic and is the property of the co- declargoners mentioned above. Any reproduction of the material inside will case is strictly prohibited. There has always been a good demand in the original estate market, and as the income level of the people of Bangladesh grows, that demand is surge even further. People want to buy unique, good-looking and attractive flats, further they want a good value for their money as well. Thats where we come in. We offer excellent quality flats, at reasonable prices. some other uniqueness of our busi ness is that we have a separate line of apartments for daub/bank use only. There is currently no such real estate companies in Bangladesh that offers an exclusive line of apartments. Therefore, in this segment, we can transport the benefits of universe an oligopolist. On the other hand, we have the business-to-business prospect. Due to good scotch growth, apartments are on the rise.Raihan with share of profit and loss according to balance of equity invested. Together, we have ga at that placed the necessary expertise required to hie a real estate business. Initi aloney, we will of course incur losses, just now we plan to make profits in the fourth or twenty percent year. realistic Estate Industry Analysis Industry Analysis Real estate is a fixed, tangible and immovable asset in devise of houses or commercial property. Real estate market involves developing, renting, selling/ acquire and renovating of these assets (houses). Market participants includes o Developers (contra ctors, engineers, and so on), o Facilitators (mortgage companies, real estate brokers, banks, anagement agents and so on), owners, renters (leasers) Each product (house) is unique in terms of buildings, location, and financing then market has heterogeneous products. Transaction costs are high and the work is usually long. Though there are mobile homes, but the nation underneath is till immobile, real estate is an immovable asset. Market Segmentations The briny factor that affects demand in real estate industry is demographic features. The demographic variables include nation size and growth, cultural background, beliefs. However, other factors like income, price of housing, cost and availability of funds, consumer preference, suppliers preference, price of substitutes and compliments. incoming Outlook One of the most startling statistics regarding real estate in this country, and a fact few people even realize, is that big sight of worldly concern in the Bangladesh is held eit her by the Government or is being used for agricultural purposes. The total farm area comprises about 62% of the total geographical area, forest area accounts for 15%, Perennial water 11% and urban area only 01%. The physical landscape is characterized by small arable fields. There are over 11 one thousand million farm holdings with more than 65 million fragments. The pattern of land self-possession is highly skewed. 5% for the families having land above 7. 2 domain own 26% of the land and 70% of the families having land below 2. 5 acres own only 29% of the land.The per capita availability of crop land is at present only 0. 24 acre. Land utilization statistics indicate that 54% of the net cropped area is single cropped and area under double and three-base hit cropping account for 72% of the gross cropped area. 20% of the total cropped areas have irrigation facilities. final payment is low i. e. rice -0. 703 metric ton per acre. Annual food deficit ranges between 1. 5 2. 0 mil lion metric tons. Frequent inherent calamities like cyclone, flood, drought, tidal bore etc. add to the shortfall of crops and livestock. What this delegacy is that only few portion of the country is available to support all residential and commercial uses.This equates to nearly 1800 people per square mile of land by 2020. Despite the mortgage crisis and resulting financial meltdown of the last several(prenominal) years, these statistics seem to indicate that owning real estate in Bangladesh will save to be a wise investment. In the very basic economic sense, there is no more land being created (limited supply) and more population density every day (increased demand). ? Economy Growth in FY2010 was bettor than expected in April 2010 in Bangladesh, as a pickup in domestic demand neutralized the impact of weak expansion in exports. Inflation came in below the April projection, and the current account surplus was higher.For FY2011, this update retains the outlook of a moderate uptic k in growth, but with a about lower forecast for inflation and a larger fall in the current account surplus. To raise growth prospects, power and gas shortages need to be eliminated and reforms accelerated. More fundamentally, political stability will be precise to boosting growth. The banks Monetary Policy Statement (MPS), issued in July 2010, indicated that there may have been some diversion of private credit into consumer expenditure and into speculative investments in the stock market and real estate. . So we are expecting that, the economic condition in Bangladesh will be much pause for business. If we also consider the given figures the scenario will be clear more.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment