As Bangladesh continues its rapid urbanization and economic growth, the demand for quality residential areas has surged. With cities like Dhaka expanding outward, new areas are becoming hotspots for residential development. These areas provide a mix of luxury, affordability, and modern infrastructure, catering to diverse lifestyles and budgets. In this article, we’ll explore the Top 10 Upcoming Residential Areas in Bangladesh that are attracting homebuyers and investors alike.
List of Top 10 Upcoming Residential Areas in Bangladesh
- Purbachal New Town
- Bashundhara Residential Area (Bashundhara R/A)
- Uttara
- Mirpur
- Banani
- Baridhara
- Dhanmondi
- Aftabnagar
- Banasree
- Mohammadpur
1. Purbachal New Town
Located just 25 kilometers from Dhaka, Purbachal New Town is the largest planned township in Bangladesh. Spanning over 6,150 acres, this area is being developed as a modern city with wide roads, parks, and green spaces, making it an attractive option for those looking to escape the congestion of Dhaka. Purbachal will house around one million residents and is poised to become a commercial and residential hub. It’s also strategically important due to its proximity to the proposed Dhaka Elevated Expressway and Dhaka Bypass Road, which will make commuting to the city center much easier. In addition to residential plots, the area will host several educational institutions, hospitals, and shopping centers, providing a complete urban lifestyle.
2. Bashundhara Residential Area (Bashundhara R/A)
Bashundhara R/A continues to be one of the most sought-after residential areas in Dhaka. Known for its luxury housing, this area is home to villas, duplexes, and high-rise apartment complexes. Bashundhara offers a mix of tranquility and modern conveniences, with ample green spaces and top-tier amenities. The presence of North South University and Apollo Hospital adds to the area’s appeal, particularly for families seeking quality education and healthcare. Moreover, the area is adjacent to Jamuna Future Park, the largest shopping mall in Bangladesh, providing a vast array of entertainment and shopping options. With ongoing infrastructure improvements, including new roads and utility upgrades, Bashundhara R/A is expected to maintain its status as a premier residential destination in 2024.
3. Uttara
Uttara is a bustling neighborhood that has rapidly grown into one of Dhaka’s largest and most developed residential areas. The area is divided into several sectors, each offering a mix of housing options, from luxury apartments to more affordable flats. Uttara’s strategic location near Shahjalal International Airport makes it ideal for frequent travelers and professionals working in the city’s northern districts. The upcoming Dhaka Metro Rail project will further enhance Uttara’s connectivity, reducing travel time to Dhaka’s city center. With its wide roads, parks, shopping malls, and educational institutions, Uttara offers a self-contained urban lifestyle that appeals to both families and professionals.
4. Mirpur
Once known primarily for its industrial facilities, Mirpur has transformed into a popular residential area, offering a variety of affordable housing options. The construction of the Mirpur Flyover has significantly improved connectivity to central Dhaka, making Mirpur a viable option for middle-class families and young professionals. The area is home to Japan Garden City, one of Dhaka’s largest apartment complexes, and other modern housing developments. Educational institutions, sports facilities like the Sher-e-Bangla National Cricket Stadium, and shopping centers are all easily accessible in Mirpur, making it a well-rounded residential area.
5. Banani
Banani is synonymous with luxury living, offering high-end apartments, embassies, and proximity to Dhaka’s business district. The area’s prime location near Gulshan and Mohakhali makes it a top choice for professionals working in corporate offices or diplomatic missions. Banani is also known for its vibrant restaurant scene, upscale shopping, and excellent security. While it’s one of the pricier residential areas in Dhaka, its modern infrastructure, parks, and recreational facilities make it an attractive option for affluent families and professionals.
6. Baridhara
Baridhara is known for its exclusive residential offerings, primarily catering to diplomats and expatriates. The area’s large, luxurious homes are set in a peaceful, green environment, making it ideal for those seeking privacy and tranquility. Baridhara is adjacent to Gulshan, providing easy access to the city’s commercial and diplomatic zones. The area’s high security and proximity to international schools and healthcare facilities make it particularly appealing to high-income families and foreign nationals.
7. Dhanmondi
Dhanmondi has long been a prestigious residential area in Dhaka, known for its wide roads, parks, and cultural landmarks. The area is home to numerous educational institutions, hospitals, and shopping centers, making it a favorite for families. Dhanmondi also has a vibrant arts scene, with theaters, galleries, and cultural centers that attract creative professionals. The area offers a mix of modern apartments and older homes, catering to a range of budgets. Despite its central location, Dhanmondi retains a relatively peaceful atmosphere, making it a desirable place to live.
8. Aftabnagar
Aftabnagar is a rapidly developing residential area located near Rampura and Banasree. While still under construction, Aftabnagar has already attracted significant interest due to its affordable housing options and proximity to key commercial zones. The area is expected to develop further with the construction of new shopping malls, schools, and hospitals. Aftabnagar is ideal for middle-class families looking for modern amenities without the high cost of living associated with areas like Banani or Gulshan. Aftabnagar is also known among most middle-class families for East West University, which is known for its affordable price.
9. Banasree
Banasree is one of Dhaka’s fastest-growing residential areas, offering a mix of modern apartments at affordable prices. Located near Gulshan and Banani, Banasree is particularly popular with middle-class families seeking proximity to Dhaka’s business districts without the associated high costs. The area is well connected by road, with easy access to schools, hospitals, and shopping centers. Banasree’s continued development, including improved road infrastructure and new housing projects, makes it a key residential area to watch in 2024.
10. Mohammadpur
Mohammadpur is an older neighborhood that is experiencing a revival, with new residential projects and infrastructure improvements. The area offers a mix of affordable housing options, from older houses to new apartment complexes like Japan Garden City. Mohammadpur is well connected to central Dhaka through major roads and public transport, making it a convenient location for professionals and families alike. The area is also home to a variety of schools, hospitals, and recreational facilities, making it a well-rounded residential option.
Conclusion
As Bangladesh continues its urban expansion, these upcoming residential areas offer diverse opportunities for homebuyers and investors alike. Whether you’re looking for luxury living in Banani or affordable housing in Aftabnagar, each of these areas provides a unique blend of modern amenities, connectivity, and lifestyle options. As infrastructure projects like the Dhaka Metro Rail and Purbachal Expressway take shape completely, these residential areas will only grow in importance, offering a promising future for Bangladesh’s urban dwellers. Keep an eye on these areas as they transform into the next big residential hubs in the country.
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