Discounts, gifts add spices to Rehab fair
Star Business Report
Land developers, building material suppliers and financial institutions have come up with discount, gifts and special offers at the Rehab Housing Fair 2003 that began at the Dhaka Sheraton Hotel on Wednesday.They also arranged raffle draws with attractive prizes for the customers who will make booking of plots, apartments, shops or commercial spaces at the fair. Brac Concord Lands Ltd makes a business promotion offer for their customers. "We are giving prize bonds worth Tk 7,500 as gift for every single booking of a plot from any of our projects," said an official of the company. The company will also arrange a raffle draw at the end of the fair to give a special prize to one of the clients who will purchase the company's plot during the fair. Rangs Properties Ltd, a sister concern of Rangs Group, is offering the clients a special gift. "We're giving one 21-inch colour television to customers for each booking of flat or showroom," said Masud Sajjad, senior executive (sales) of Rangs Properties Limited. East West Property Development (Pvt) Limited, a concern of Bashundhara Group, has announced special offers that include a 21-inch colour television as gift for booking every plot or flat, and a raffle draw. The first prize in the draw is a new car. Sheltech is offering special discount of Tk 50,000 to Tk 150,000 on apartments. "Our apartments are located at Dhanmondi, Banani, Uttara, Gulshan, Mirpur, Paribagh, Mohammadpur and Green Road," said Mushfiqur Rahman Khan, manager of Sheltech. Navana Real Estate Ltd, Building Technology & Ideas Ltd, Ideal Home Builders Limited, Russel Lodge Holdings Ltd, Metro Makers and Developers Limited, Amin Mohammad Lands Development, Northern Foundation Limited, Queens Garden and Tropical Homes Limited are also offering gifts and discounts. Apart from the developers and building material providers the participating financial institutions have also announced reduced rate of interest on home loans. National Housing Finance and Investments Limited, Industrial Development Leasing Company of Bangladesh Limited (IDLC) and Delta Brac Housing Finance Corporation Ltd (DBH) are offering housing loans at 14.25 per cent interest rate at the fair, down from 14.75 per cent, 14.90 per cent and 15 per cent they normally charge. The entry fee at the four-day fair organised by Real Estate and Housing Association of Bangladesh (Rehab) has been fixed at Tk 10 per person and the entire gate money will be distributed among the distressed people. Fair organisers are also arranging raffle draws on every hour's ticket purchase and Shah Cement is offering gifts for three winners of every draw.
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