Page 32 - IBT December 2020
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Real Estate
RANGS
PROPERTIES neighborhoods.
During early 90s, RPL stepped
in the industry, started its
Shaping Dhaka’s urban landscape operations in full swing and
eventually delivered its pilot
since the 90’s residential project – Rangabi
Residential located at Uttara.
With time, they began widening
By Karishma Mahfuz
their experience from early 2000
into different parts of the city,
Bangladesh, one of the fast-moving The RPL entering the tri-state area with
nations in the current times has been an impressive portfolio of
witnessing significant economic growth Renaissance in residential, commercial and
and sustainability due to the contribution shaping the mixed living projects.
of many prominent industry players. capital One of RPL’s flagship signature
Among these, the real estate sector has projects, Rangs Waterfront,
been playing an indispensable role in Under the real estate division of strategically located in Gulshan
transforming the country’s urban RANCON, Rangs Properties Ltd, 1 is one of the first branded
landscape. The real estate and housing has been a pioneer in the signature condominiums in
sector contribute 7.8 percent on an industry shaping Dhaka city’s Dhaka. In 2004, RPL made a
average of Tk 1.415 trillion of the country's glistening landmarks. RPL benchmark at Satmasjid road by
(Rangs Properties Limited) has
gross domestic product (GDP), according been addressing both the delivering the much - applauded
shopping complex Anam Rangs
to a survey of the Bangladesh Bureau of commercial and residential Plaza in the ever-evolving
Statistics (BBS). As a result, in comparison needs of the country for over 24 Dhanmondi landscape. Since
to the South Asian countries, Bangladesh years now with expertise and then Rangs has been adding
has enormous urban growth potential in excellence. With an impressive many feathers to its cap by
the near future. Currently, the real estate portfolio of projects covering showcasing a diverse portfolio
sector is playing the leading role in 35+ esteemed locations of the in Dhaka’s setting like Rangs Rangs Lake Placid, Gulshan
providing dwelling units, but this sector capital city, they have created a Babylonia, RD Square, FC
has enormous scope to flourish in Dhaka legacy that continues to build Square, Eminence, Symphony,
and other cities' housing markets. the nation’s infrastructure and Fortune Square, Lake Placid, etc.
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