How to Choose the Perfect Location for Your Business in Dhaka

  • Posted by: Tropical Homes
  • Category: blog

With an economic boom over the last few years in Bangladesh, the business landscape has significantly changed. Choosing the perfect location for commercial space in Dhaka has also become crucial as many companies are rapidly growing.

There are several factors to consider while purchasing an office space amid the hustle and bustle of life that will prove to be a good investment in the long run.

Accessible Location

An accessible location is a major priority as it is essential to be located in a place with flexible commute options for both the employees and clients. This location should be close to the target customers and is relevant to the business needs and environment.

Given the rapid rate of annual growth of 12.91% in commercial real estate projects, thanks to the surge in Bangladesh’s economy. As a result, researching the top commercial areas in Dhaka will greatly help you to understand and make the right decision while choosing the right office space for your business.

Availability of Amenities and Facilities

As much as choosing an accessible location is important, you should also consider the amenities and facilities that are available such as:

  • Pharmacies and hospitals

  • Convenience shops

  • Cafes and restaurants

  • Police and fire stations

Having these readily available comes in handy, especially in cases of emergency.

Most Sought-After Commercial Areas by Businesses in Dhaka

Dhaka hosts multiple prime locations that are ideal for commercial use with readily available amenities and facilities like:

Karwan Bazar

One of the oldest parts of Dhaka, Karwan Bazar is a location that has many amenities and facilities available. Plenty of prominent businesses, radio stations, markets and shopping malls, and educational institutes are situated here which makes it a good choice for an office space in Karwan Bazar, like Tropical Noor Tower.

Gulshan

Considered to be one of the most post areas of Dhaka, Gulshan is a hub for plenty of local and multinational companies, as well as a great residential area. It is a well-known place which makes it a convenient and recognizable location to both clients and employees. Other facilities and amenities are also readily available in the area.

Uttara

Uttara is a rapidly growing lucrative location with easily available facilities and is a secured location. Multiple brands, hospitals, banks, convenience shops, educational institutes, etc are located here. There are many nice commercial spaces for sale in Uttara, just as Tropical Homes’ Ahmad Tower at Gawsul Azam Avenue in Uttara.

Banani

One of the most happening and vibrant areas of Dhaka, Banani is a good location for both commercial and residential premises. Amenities and facilities such as good commutes, hospitals, security services, convenience shops, and eateries are easily accessible in the area.

Motijheel

Motijheel is an ideal location for commercial office space due to its central location and excellent accessibility. With major roads, flyovers, and public transport hubs nearby, it is a thriving business hub, complete with comprehensive facilities, including educational institutions, shopping centers, and hospitals, making it a well-rounded option for businesses- just like Tropical Metro Center.

Conclusion

Investing in the right location for your business is a long-term plan. This takes a lot of effort too, as some factors such as accessible and prime location, safety, and security, should be taken into consideration before purchasing your commercial office space in Dhaka.

A good, comfortable office space not only enhances employees’ performance but also boosts the company’s goodwill. Modern architecture these days needs to be both aesthetically pleasing and safe. It should be able to provide satisfactory functionality, as well as utilities that are required for the smooth functioning of the premises.

Apart from these, the office decor and aesthetics should match the brand image suitably to deliver a strong message to employees and clients as well. So, take enough time to do plenty of research to find the perfect location for your business in Dhaka.

Frequently Asked Questions (FAQs)

1. Which locations would be perfect for my office?

Places like Gulshan, Banani, and Uttara would be perfect because they are the central points for most businesses.

2. What should I look for in the neighborhood?

Look for utilities and amenities such as safety, availability of sufficient parking space, security, emergency services, ease of commute, groceries, and good places nearby to take a break.

3. How do I ensure routine maintenance and repairs of the premises?

Building maintenance and repair support comes as a part of the after-sales service provided by your developer. You can also find additional support as per the clauses stated in the signed contract with your developer.

4. Who should I ask for legal help while purchasing an office space?

Ask for opinions from a lawyer or consultant who has experience with real estate dealings. You should check and verify which documents are needed by corresponding with RAJUK. Alternatively, you can ask your developer to help you with the process and be aware of all the necessary details. You should have everything in writing.

AUTHOR:
Tropical Homes