Introduction
1. Introduction
1.1 Background
A very few days ago one of our group member needed to shift her house which is in Cantonment area, as the place where she lived could not give her family much comfort anymore. Therefore, she looked around and got a place of 1300sft. She along with her brother went to talk to the apartment owner to talk about the rent and to her utter surprise he asked for Tk. 42,000 (Forty Two Thousands Taka Only) as rent per month excluding the utilities with 3 months advance. She was really surprised as even in 2011 the rents of such apartments were around Tk. 22,000 (Twenty Two Thousands Taka Only). Instantly questions rose in her mind that as a middle income family how would they afford to stay in a place like this though it was not such aristocratic area as Gulshan and Banani. More so, she could not give a further thought on what the rate of house rent hike can be all over the city.
1.2 Statement of the problem
We did this pilot research on the specifics and reasons to have a closer look on the victims of this rent tramp and thus effects of the problem to multiple user ends relating to their income. It thus has retrieved some focus on one of the burning issues of this running metro city to assist the society as from the victims’ perspective.
1.3 Origin of the study
This report has been prepared as a requirement of the Business Research. The report was based upon the trend of House Rent in Dhaka City and the Effects. The lecturer is Liana Anwar of school of business, Ahsanullah University of Science and Technology. Honorable lecturer duly approved the topic –“ An Insight of the Woes of Tenants: The Ascending Trend of House Rent in Dhaka City and the Effects”, which was decided for doing report. The report will definitely increase the knowledge of other students to know the trend of House Rent in Dhaka City and the Effects.
1.4 Scope of the Research
To do this