Buying off-plan developments properties that are sold before they are completed—offers several potential benefits for investors and buyers.
Properties are often priced lower compared to completed properties and buyers can lock in a price before the market value increases, potentially offering significant capital gains by the time the property is completed.
Capital appreciation can be advantageous as the project progresses, where property values in the area may increase, leading to higher market values by the time the property is ready.
New construction developments typically meet the latest building codes and energy efficiency standards, which can lead to lower maintenance costs and improved comfort.
Longer-term payment plans may be offered in installments throughout the construction process, which can ease the financial burden. The final payment is usually due upon completion, allowing time to save for the last portion of the cost.
If buying as an investor, especially with off-plan properties in growing areas can provide a strong rental yield once completed.
Warranty and Guarantees often come with new builds, which provide buyers with peace of mind regarding any defects or issues that may arise in the early years of ownership.
Some regions offer tax incentives, rebates, or other financial benefits for new developments, especially those under certain conditions (e.g., energy-efficient homes).
Why Buy or Invest in New Real Estate Developments in Bangladesh.
Bangladesh has been experiencing strong economic growth over the last decade. As one of the fastest-growing economies in Asia, the demand for both residential and commercial real estate is increasing, which can result in solid returns for investors.
There is a rising demand for modern, well-designed housing and office spaces. New developments are offering advanced amenities such as smart homes, sustainable building practices, and high-end residential features.
Bangladesh is strategically located in South Asia, bordering India and Myanmar. This makes it a gateway for trade and investment in the region, increasing the demand for commercial spaces and supporting real estate development.
While land is becoming scarce in urban centers like Dhaka, there are still significant opportunities for new developments on the outskirts of cities and in newly developed zones that are attracting both residential and commercial buyers.
