Page 31 - IBT December 2020

now would like to work top as the best commercial special incentives should be Q. What's your thoughts A conducive policy Q. Considering all the
harder to give the stylish life building of the country. It’s introduced for moving into new on the recent DAP advancements, what's
they all aspire to have. noteworthy, a lot of time, areas like Purbachal, Bosila, recommendations? that’s sustainable and your take on the future of
Imagine a 650 square stylish consumers wrongly perceive Keranigonj, etc. which are spacious A. Irony at its best, our 2013 DAP scalable and that helps our real estate sector?
apartment for a young couple something affordable to be cheap. and yet to be infested with urban is yet to be implemented. As far A. When it comes to technological
with 30% down payment and That's not what we are offering infrastructures; and this can be as I know, urban planning think with the establishment advancement, I have already
only 35,000 BDT per month! here. We want to make sure that done if the government promotes tanks have already rejected the of basic need mentioned that Japanese
The response is phenomenal. what we deliver is value for the good schools, colleges, hospitable recent recommendations made by philosophy in design is something
Be it a single parent or a money. And needless to say, the special commuting facilities, public DAP. Even as a simple citizen, I infrastructures, can take we aspire to implement. Innovation
young corporate who dreams properties that we make are transportations like intra-city train wonder why do we make policies us to the next level of has been at the core of our decision
of bringing his family to timeless hence appreciated service or metro rail coupled with which are not welcomed by making and this is why there are
Dhaka and living in their irrespective of market changes. interest and registration incentive . industry exponents and growth. Last but not many amenities which Rangs
own apartment-our schemes However, before doing that, the academicians? If we talk about least, as the government pioneered in the industry. Now if
would suit all these people's Q. At present, the interest government first needs to identify nation building, policies should you ask businesswise, what I
needs. Eventually we will rate on home loans the thrust areas for new real estate be as such that has rationale for encourages PPP, we believe is that the market impacts
come up with housing ranges from 9 per cent to setups. We all know along with everyone to appreciate it. Then it want to propagate the those who are not reliable. For a
schemes that are affordable 11 per cent. What sort of REHAB, the government is needs to be communicated company like ours, which has the
to people whereby they would facilitating services can planning to do a new Detailed Area through proper channels, and idea of 5Ps, that is name, fame and trust of our
be able to own a property at a the government extend to Plan (DAP) for Dhaka city with an eventually implemented by Public Private esteemed customers, weathering
cost of rental. Rangs the real estate sector to aim to make it more livable. The engaging all the stakeholders. We the economic downturn is easily
Properties has also branched ensure its sustainability DAP should enumerate enough hear a lot about demolishing the Partnership in Policy possible. This is why we didn't
out in Chattogram and are and profitability? transparency and attainable old, ragged buildings of Old Preparation. have to pull down our prices to stay
among the top real estates in A. Two things need to be done to outcomes so that investors and Dhaka and building multistoried afloat during this unprecedented
the port city. combat this. I have been preaching movers alike feel confident about ones. Sounds like a big plan but crisis. Much of this success owes to
almost on all forums that for first it. There is no doubt about the fact what about the transportation? the confidence and trust that our
motorbikes in Bangladesh. Q. You mentioned time homeowners' sake, the that all these new areas will need Who would take care of the founder Abdur Rouf Chowdhury
Having said that, if one has to about Rang's vision to government should fix the interest schools, hospitals and markets for bedraggled roads of that part of and his son Romo Rouf Chowdhury
point out one enterprise that can offer affordable rate at 6% with a repayment period people's everyday needs. We pledge the city which could have been a earned and sustained over a period
be considered to be the crowning stylish apartments. of 15 years. And at the same time, to the government to be the wonderful destination for of four decades. A company which
Q. Can you please share glory of the Rangs empire, then Would you like to facilitator of this if the government heritage tourism? Nevertheless, I keeps delivering the best products
the RPL's legacy in that would be our real estate elaborate upon it? can support and ensure to provide strongly believe the concerned estate is about making spaces and the promises irrespective of all
building the nation? business. The credit goes to Romo A. I take pride in being a part special lands to best educational ministries have all the right which are livable and useful to conditions is sure to thrive. Having
common mass from different walks
A. Rangs Properties Limited’s Rouf Chowdhury, the group of this conglomerate because institutes and hospitals so that intentions to give the city a of life. We have made studio said that, to conclude, I would like
journey started two decades ago. managing director, who's vision when it comes to style, we they can set up infrastructure, much-needed facelift but some apartments keeping in mind of the to remind the policy makers and
Over the time, the company and focus has been on it since day consider ourselves as the which eventually will lure people key decisions made by them empty nesters, newly married, readers that Dhaka is going to see
managed to strike praiseworthy one. Carrying the legacy of his brands. Thus, with sheer design leader much to the to move to those localities. We seem arbitrary and not small families and the budgeted a population surge resulting in a
success as one of the key business father, Abdur Rouf dedication, attention to details likes of global brands like need policies in places which will well-thought. This is why families. The beauty of our rise of the demand for houses. It’s
units to one of the largest Chowdhury-one of the and dynamic strategy, we have Apple, Mercedes or a Mont not restrict but incentivize the engaging with the stakeholders, enterprise is we have set a global phenomenon. This is why
conglomerates, boasting some of torchbearers of Bangladesh’s been contributing in nation Blanc. If you are aware of the growth of the sector as well as the hearing about their demand and decade-long goals. Such practices a conducive policy that’s
the best real estate projects of the private sector-led growth, Romo building since our inception. As clean and free flowing nature city which is teeming with 20 vision will make the job easier are scarce in the real estate sector. sustainable and scalable and that
country. What makes Rangs stand has managed to cement the the country is going to become a of Japanese building design, million people at the moment. Our and the outcomes more Our philosophy is to plan before helps with the establishment of
apart from its contemporaries is company's growth with middle income one soon, we have you would see that we are extraordinary success in the RMG business-friendly and holistic. we make it. Speaking of our basic need infrastructures, can take
the diversified business portfolio. resounding aplomb. a new vision: to give homes to coupling the same philosophy sector was due to the policy and Courtyard, it is planned in a way us to the next level of growth. Last
Starting from real estate, What started in the 70’s as a those who couldn't even dream of with the sophistication of incentive support they have Q. Rangs has launched that it is affordable to many but not least, as the government
automotive, motorcycle daunting dream has now taken a having one. We all know how British elegance. Those who enjoyed from the government, time the first ever studio different groups of clients. Even for encourages PPP, we want to
manufacturing, electronics beautiful shape and in the able expensive a city like Dhaka is! have stepped into any Rangs and again. If you look at the real apartments, which are couples who are old and want to propagate the idea of 5Ps, that is
manufacturing, fishing to hands of Romo Rouf Chowdhury, Affording a dream home at the Property would have no estate sector, it has the most speculated to be in high spend their retirement period Public Private Partnership in Policy
banking and insurance, we have the company is now aiming to cost of 50 lac BDT or less may qualms in saying that they complex supply chain. There are demand right now. without any hassle, the Preparation.
stepped foot in sectors which not make the lives of all walks of seem utopian to many but we are have experienced uniqueness 242 industries, directly or What's your take on the accessibility of the property to the Once we can materialize this 5P in
only contributed immensely in the people better. If you look at a planning to make it happen. in design. In simple words, indirectly associated with the future of this? main road as well as to the a holistic manner, nothing can stop
national exchequer but also Suzuki motorbike, this is the most our design philosophy is sector and all home-grown. Our A. We dream of an inclusive Evercare Hospital, made it a us in continuing as the growth
created thousands of stylish vehicle in the most Q. Are you targeting simplistic and functional sector provides 7-8% of GDP of the growth of this nation and are wonderful option. We are even frontier to becoming the next
employments. I must mention our affordable price among its peers. towards a new client with an open plan design. country. To grow further, we must working in line with that dream. putting resident doctors. There are economic superpower in South East
stupendous success in the Again, Honda is probably the base? Historically speaking, Rangs become a part of the discussion This is why, real estate business facilities for senior citizens so that Asia and eventually to Asia. As
automobile sector ranging from most affordable luxury car with a A. Bangladesh's burgeoning built the first condominium which eventually decides the fate for us is not only about making they don't suffer unnecessary Rangs, not only dreams big but
Mercedes Benz, Honda, premium style. Echoing the same consumer base owes much to the in Gulshan, Dhaka. From an of the sector and I hope REHAB stylish apartments. We also build age-related accidents, which many also makes it happen. That’s
Mitsubishi, to more recent MG, success in the real estate sector, ever-expanding middle-class architectural aesthetic point and RAJUK and all other buildings which are providing abroad-living citizens would want echoing the rigidity and
Mahindra, FUSO, JMC. In we have branded ourselves as group. This is why veering our of view, Rangs Babylonia, associated bodies would listen to services in healthcare, finance, to avail. The apartments are fully flamboyance Bangladesh is
addition, we are producing Suzuki affordable luxury among all other sight from the premium sector; we location in Tejgaon can easily our pledges. education and many more. Real furnished too. showing to the world.

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