Research Proposal......
Research Proposal
1. Introduction
The proposed research name is ‘perception about real estate business in Bangladesh’. This research is important to understand the update scenario about whole real estate business in Bangladesh. This research may help to uncover problems of the industry and real estate customers. We hope that this research will help us to get knowledge about problems; scarcity of resources that consist of real estate, emerging prospects and opportunities those will help us to take a new initiative to start a real estate business or to enhance new strategy for existing business. During investigation mainly we will face a problem of adequate information and support from corporate people of that industry.
1.1 Background of the research
Urbanization is an outcome of both population growth and rural-urban migration. As urbanization increases, more and more people are becoming city dwellers. Bangladesh is not any exception to that picture. The ever-increasing urban population is catering an increasing demand for shelter. The right of shelter is a fundamental right, which is ensured by both UN declaration and the constitution of Bangladesh. But it is very difficult on the part of the government of Bangladesh alone to ensure housing for all. Here comes the need of private sector real estate development.
It is a recognized fact that the health of the Real Estate Development Sector is the barometer of the National economy. In Bangladesh Real Estate Business started in Dhaka in late seventies. During 1970s there were fewer than 5 companies engaged in this business. In 1988 there were 42 such developers working in Dhaka and now in 2004 there are about 250 companies engaged in this business. With the number of companies increasing gradually, various problems concerning the housing sector cropped up requiring early solution. At this stage it was necessary to form a trade association of the Real Estate developers to protect the overall interests of the
1. Introduction
The proposed research name is ‘perception about real estate business in Bangladesh’. This research is important to understand the update scenario about whole real estate business in Bangladesh. This research may help to uncover problems of the industry and real estate customers. We hope that this research will help us to get knowledge about problems; scarcity of resources that consist of real estate, emerging prospects and opportunities those will help us to take a new initiative to start a real estate business or to enhance new strategy for existing business. During investigation mainly we will face a problem of adequate information and support from corporate people of that industry.
1.1 Background of the research
Urbanization is an outcome of both population growth and rural-urban migration. As urbanization increases, more and more people are becoming city dwellers. Bangladesh is not any exception to that picture. The ever-increasing urban population is catering an increasing demand for shelter. The right of shelter is a fundamental right, which is ensured by both UN declaration and the constitution of Bangladesh. But it is very difficult on the part of the government of Bangladesh alone to ensure housing for all. Here comes the need of private sector real estate development.
It is a recognized fact that the health of the Real Estate Development Sector is the barometer of the National economy. In Bangladesh Real Estate Business started in Dhaka in late seventies. During 1970s there were fewer than 5 companies engaged in this business. In 1988 there were 42 such developers working in Dhaka and now in 2004 there are about 250 companies engaged in this business. With the number of companies increasing gradually, various problems concerning the housing sector cropped up requiring early solution. At this stage it was necessary to form a trade association of the Real Estate developers to protect the overall interests of the