Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 743 Fri. June 30, 2006  
   
Business


Rehab fair in New York begins July 7


Inspired by off-the country sales from housing fairs since 2001, Real Estate and Housing Association of Bangladesh (Rehab) is going to organise another fair in New York from July 7, the association general secretary said at a press conference at National Press Club yesterday.

The 3-day 'Rehab Housing Fair, New York 2006', third of its kind, will take place at Manhattan Centre in New York.

A total of 43 developers and real estate companies are expected to participate in 47 stalls in the fair.

Tanveerul Haque Probal said the aim of the fair is to provide Bangladeshi expatriates in the US with quality housing in their homeland.

The four previous housing fairs abroad, two in New York, one in London and the other in Dubai, drew home Tk 295 crore only from spot sales and each of them attracted huge Bangladeshi expatriates, Rehab President Mohammad Abdul Awal told the press briefing.

Expressing optimism he also said, "From the previous fair in New York we received spot orders worth Tk 125 crore and we expect this year at least a double earning."

For the convenience of the buyers a branch of BRAC Bank will also be stationed there during the fair, he added.

Scheduled to be inaugurated by Bangladesh Ambassador to the US Shamsher M Chowdhury, the fair will remain open for all from local time 4:00pm to 10:00pm on the first day. On the second and third day people can throng the fair from 12:00pm to 10:00pm.

Elaborating the role of Rehab, an association of 254 member developers, in building a well planned city, its leaders said they have been working relentlessly in this regard and so far they have sold 60 thousand units of apartments, 98 percent of which are in the capital.

Rehab Fair Committee (2006-2007) Chairman Syed Sirajul Haque, members Md Rezaul Karim Khan, Enamul Haque and Naimul Hassan were also present at the press meet.