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Gurugram (Gurgaon - in Delhi) Property prices are high (it is one of the prime real estate properties in a country of 1.4 Billion people) - but some of the property prices in other subcontinental cities like Dhaka is also coming up to rather high level.
Gulshan, Baridhara, and Banani have experienced substantial increases in both residential and commercial real estate prices over the past decade. This surge is driven by factors such as land scarcity, exclusivity, high-quality amenities, and enhanced security.
thedailystar.net
Property Rates Comparison: Gurgaon vs. Gulshan, Bangladesh
Overview of Property Markets
Property Types Apartments, Villas, Commercial Apartments, Residential Plots
Average Price per Sq Ft ₹9,000 - ₹12,000 ৳15,300 - ৳18,870
Market Growth Steady increase in demand Growing interest in luxury living
Specific Property Examples
2 BHK Apartment ₹70 Lakhs (1,000 Sq Ft) ৳3,500,000 (1,500 Sq Ft)
3 BHK Apartment ₹1.2 Crores (1,500 Sq Ft) ৳5,000,000 (2,200 Sq Ft)
Commercial Space ₹1.5 Crores (1,000 Sq Ft) ৳40,000,000 (2,555 Sq Ft)
(Bilal's note: This avg. property valuation above on Gulshan is severely undervalued by this newspaper)
Key Factors Influencing Prices
Location: Gurgaon is a major tech hub with high demand, while Gulshan is known for its luxury residential options.
Amenities: Gurgaon offers modern infrastructure and facilities, whereas Gulshan provides a blend of luxury and accessibility to essential services.
Investment Potential: Gurgaon has a more established market, while Gulshan is emerging, attracting both local and foreign investors.
This comparison highlights the differences in property rates and market dynamics between Gurgaon and Gulshan, catering to various buyer preferences and investment strategies.