Which Housing is Best for Buying a New Flat?

Which Housing is Best for Buying a New Flat? [Top Locations]

April 9, 2024

Looking for a flat is no easy task, especially when it comes to choosing a location.

The right location for you depends on various factors like your place of work or children’s educational institutions, the availability of grocery stores, shopping malls, hospitals, etc.

You should also consider the future potential of development in that area in case you want to make an investment that will bring higher returns.

Let’s take a look at factors to consider before selecting a location for buying a new flat and the best residential areas in major cities like Chattogram and Dhaka.

Factors to Consider While Choosing a Location for a Flat

Here’s a list of factors to consider before choosing a location to purchase an apartment.

  • Consider the proximity to your workplace. Transportation costs and travel time required will have a significant impact later on.
  • If you have children, the quality of education at nearby schools needs to be checked.
  • Infrastructure, amenities, and public transport facilities can make a huge difference in life quality.
  • Cost of living and budget are practicalities you can’t miss.
  • Moreover, future development plans and scope need to be considered to get a good resale value.

Which Housing is Best for Buying a New Flat in Dhaka?

Dhaka is the largest metropolitan city in Bangladesh. It has a lot of residential areas that may be suitable for you.

  • Dhanmondi

Dhanmondi is one of the most convenient locations for families with school-going children.

This area houses several prestigious schools where children will receive top-notch education. There are also plenty of socializing and entertainment options with bustling shopping malls and restaurants.

There’s also the attraction of Dhanmondi Lake. It’s a good place to unwind and enjoy nature’s beauty or take a quick run. Overall, the social scene and atmosphere are amazing.

  • Gulshan

Gulshan is a planned model town with accessible transportation facilities. Everything from rickshaws, taxis, ridesharing services, etc. are available to take you anywhere in the city.

As Gulshan is a central location, there are many corporate headquarters located in Gulshan-1 and Gulshan-2. The convenience of living close to work is one you shouldn’t underestimate.

There are also recreational options at Jamuna Future Park. Gulshan Lake Park, Pink City Shopping Mall, and Hatirjheel are located in Gulshan.

  • Banani

Banani is close to Gulshan, and you can enjoy the benefit of a close location to the commercial hub while not paying the premium price of a flat in Gulshan.

There are a good number of restaurants in Banani, but the city life isn’t as bustling as Gulshan. However, you’ll still have reasonable access to the hottest places in town.

  • Bashundhara Residential Area

Bashundhara is one of the largest residential areas that offers excellent infrastructure. You’ll get a diverse assembly of apartments to choose from. Bashundhara offers security and a strong sense of community to residents.

There are good schools, sufficient transportation and infrastructure to take you anywhere in the city, and all the other facilities you’ll expect from a modern residential town.

  • Uttara

If you want more affordable options, Uttara is a promising location.

If you enjoy a calm atmosphere away from the city, consider Uttara. The living cost is relatively lower with markets like Rajlaxmi providing necessities at lower prices than the rest of the city.

After Metro Rail became open to the public, it has become easier to travel to other locations from Uttara.

  • Mohammadpur

Mohammadpur is an area rich in culture and heritage. If you want to live in a place that has heart in it and enjoy delicious food. It’s close to Dhanmondi while being affordable. You will also have your necessities met in this neighborhood.

Where to Buy Apartments in Chattogram

Although Chattogram isn’t as big as Dhaka, there are still many residential areas that you can choose from.

  • Nasirabad Housing Society

Nasirabad Housing Society is one of the most conveniently placed societies with incredibly beautiful apartment buildings in Chittagong. There are many reputed schools within the Housing Society itself. You will stay close to shopping malls like Afmi Plaza, Mimi Super Market, Shopping Complex, etc.
There are many of the city’s finest restaurants close by. Moreover, Nasirabad offers a closed residential park for children to play and adults to exercise.

  • OR Nizam Road Residential Area

Another top choice for residents who want to stay close to the most popular places in town bustling with life.

You’ll have close access to schools, hospitals, shopping malls, and more. You will have many apartment complexes to choose from as it’s one of the most developed areas in the city.

  • Khulshi

Khulshi is an upscale neighborhood where the cost of living is relatively higher. You will have access to shopping malls, superstores, and restaurants. However, it’s still less populated and considered elite.

You can enjoy aspects of city life while also enjoying greenery and some quiet when you step out of your home.

  • Amirbag Residential Area

Amirbag is close to GEC but relatively quiet. It’s a charming neighborhood where you can enjoy proximity to the perks of city life but there’s a calm and serenity. War Cemetry, which is an important landmark in Chattogram is close by.

  • Halishahar

You can get flats at a more affordable price in Halishahar. Although it’s far from the rest of the city, there are schools, hospitals, and other necessities available within this area.

You’ll have to consider transportation options and costs since Halishahar is far from the city center.

Final Words

Buying a flat is a dream for most of us. It’s important to consider which housing is best for buy a new flat. The location will impact your life significantly financially and also in terms of quality. Moreover, you also need to have the budget to be able to afford certain locations.

Making these decisions can’t be easy. For guidance and consultancy, you can contact GLG Assets Limited. As a fast-growing real estate company GLG knows all there is to know about buying an apartment.

Before making the decision of which locations to consider, you should carefully evaluate your convenience, financial constraints, and return on investment. Best of luck!

Notify of

Inline Feedbacks
View all comments