Page 40 - IBT Full Pdf

COMMITTED
Real Estate Development TO INNOVATE

innovation, growth, and community at its core.
Bay Developments Ltd. offers a one-stop solution
service considering the high-end market demand.
It includes a complete interior fit that is
customizable to a family's needs. Apart from
that, the real estate company also initiated
professional building maintenance and
management. At present, over a dozen of
amenities and features that exist in high-end
Dhaka apartments are Bay's contribution. Photographs: Courtesy of Bay Developments Ltd.
Bay Developments Ltd. continues to be a
high-end niche and is a leading real estate
company in product innovations and lifestyle. It
has introduced some groundbreaking ideas like
fire stairs, community areas, open garden spaces,
and standby generators. Moreover, Bay has
inspired several amenities in today's
contemporary homes, generated by the apartments suited for evolving times. Thus, it closely evaluates
company's in-house research team. the consumer's changing taste and behaviour. With the motto,
Besides being efficient and competent, Bay ’Building Our Future Together’, the company adheres to
Development has been exemplary in being sustainability by formulating and incorporating the ‘Building
socially responsible. The company sincerely cares Code’. Hence, its management is flexible and adaptable to
for the needs of the general people. To that end, shifts in consumer motivation.
the company initiated the concept of 'living The increasing price of construction material cost is one of the
wages' over the generally practised 'market major challenges Bangladesh's real-estate industry has been
facing in recent times. It has prompted Bay's research team to
develop solutions to reduce waste and operate efficiently. Some
of its formulations include sustainable and Biophilic
Architectural practice, implementation of Building Information
Modelling (BIM) Design, constant supervision of the market
condition by a skilled Supply Chain Manager, in-depth
supervision and coordination of design and construction for
efficient utilisation of construction materials. Going green has
also been the cornerstone of Bay's design and consideration
philosophy. Hence, it has been implementing more Green
elements in design and construction to contribute to the Net
Zero Global initiative.
Bay Development Ltd. is a distinguished real estate company
as it instils the values of innovation, creativity, and
community. Over the years, it has garnered honour and
wages'. As a result, the marginalised urban reputation by partnering with various corporations to execute
worker can lead a more productive and
meaningful life. Similarly, ‘Edge, The Foundation’ all its heritage projects. Bay Development Ltd. will march
is one of its notable social activities initiated in forward with persistence in innovation and ethics, envisioning
The real estate industry of Bangladesh is thriving. is Bay Developments Ltd. For 26 years, Bay 2016. This initiative aims to promote art, culture, a green urban life.
Over the past decades, the land value of Dhaka Developments Ltd. has been esteemed as the market and further education in Bangladesh. ‘A Better
and various urban areas has significantly leader in high-end real estate. Focusing on innovative World' is the motto the organisation nurtures to
increased. This prosperity has accelerated the planning and design solutions, Bay Developments Ltd. sustain the necessity of art and education. Some
economic development and industrialization in executes each project with meticulous detail and of the steps taken under this initiative are
the country. With the increasing population, the precise analysis. education technology, donation and scholarships,
housing demand is rising with time. Twenty-six years ago, Bay Developments Ltd. workshops and events, and Grants for the Arts.
Consequently, many investors, real estate embarked on its journey in the real estate industry
developers, and companies are coming forward to with the promise of maintaining and prioritising Bay's rise to the top of Bangladesh's real estate
utilise the opportunity further. quality. The company created its legacy of quality with industry has been enabled by a unifying effort of
leadership and innovation.
Meanwhile, many real estate companies have well-structured establishments and buildings. The company believes in adapting and pacing
utilised the land areas to provide residential space Each of its projects marks a distinct position. The
for the inhabitants. One such real estate company company operates with the values of creativity, with time and trends. Since its inception, Bay
Developments Ltd. has aimed to build modern

39
www.ibtbd.net