Real estate fair kicks off in Ctg today

Star Business Report, Chattogram

REHAB Chattogram Fair 2023, a four-day housing exhibition, will begin in the port city today at the Radisson Blu Chattogram Bay View hotel.

Forty-eight companies, including renowned real estate firms from Dhaka and Chattogram, building material makers and financial institutions will take part in the fair to be organised by the Real Estate and Housing Association of Bangladesh (REHAB).

Land Minister Saifuzzaman Chowdhury is scheduled to inaugurate the fair as the chief guest, REHAB leaders said at a press conference at its office in Chattogram yesterday.

Two firms are gold sponsors and 17 real estate firms are co-sponsors of the fair that will have 60 stalls. 

The entry fee is fixed at Tk 50 for single entry and Tk 100 for multiple entries, the organisers said, adding that the fair would remain open from 10am to 9pm every day.

Chattogram City Corporation Mayor Rejaul Karim Chowdhury, Chattogram Development Authority Chairman Zahirul Alam Dobhas and Chittagong Chamber of Commerce and Industry President Mahbubul Alam will be special guests at the inaugural ceremony.

REHAB Vice President Md Abdul Kauiam Chowdhury said the country's real estate sector is passing through a tough time due to price hike of construction materials as an impact of the Russia-Ukraine war.

The fair would offer a great scope for the developer firms to display their ongoing projects to help the prospective buyers to choose their desired flats, he said.

REHAB Vice chairman Kamal Mahmud, Directors Md Didarul Hoque and Mahbub Sobhan Jalal Tanvir were also present at the conference.