REHAB fair concludes
Star Business Report
The five-day housing fair ended at Dhaka Sheraton Hotel yesterday with huge responses from the visitors. Participants and customers were found passing busy time on the concluding day with each other interacting about products and investments in the housing sector. "We have received huge queries from the visitors. But customers took time to reach decision on spot purchase of plots or flats," said sales executive of a real estate company. He said overall sales may drop this year compared to the last year's. The present government move against black money probably created panic among the buyers, which may have kept them aloof from frequent purchase of flats of plots, he added. He, however, described the customers' interests in plots or flats as very impressive. Real Estate Housing Association of Bangladesh (REHAB) organsied the fair, while a total of 133 companies took part. The number of participating firms was 90 in the last year. Financial institutions as well as developers represented the exhibitors. The organisers said they will give all sales account next week on gathering information from all participants. According to the REHAB statistics, the fair had a business of about Tk 525 crore by selling 700 flats, 200 shops and 1100 plots last year.
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