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Table 2 Land price increase in Dhaka city and fringe areas (Bangladeshi Taka/m2).

From: Rapid urbanization and changing land values in mega cities: implications for housing development projects in Dhaka, Bangladesh

Area 1975 1990 % of increase/per year during 1975–1990 2000 % increase per year during 1990–2000 2010 % increase per year during 2000–2010 Location and main reason for increase in value
Taka/m2 Taka/m2 Taka/m2 Taka/m2
Central region (Motijheel) 750 17,910 152.0 52,305 19.2 448,333 75.7 Downtown
Eastern region (Badda) 60 2985 325.0 8967 20.0 74,722 73.3 Peripheral land near to aristocratic area
Eastern region (Baridhara) 373 8955 153.0 37,361 31.7 298,888 70.0 Aristocratic area
Southern region (Demra) 60 2985 325.0 8967 20.0 37,361 31.6 Low land and water logging fringe area
Western region (Savara)     1120   11,955 96.7 Suburb but high land and well connected to main city
Northern region (Gazipura)     1494   10,461 60.0 Peripheral area but high land and growing industrial belt
South-western (Keranigonja)     1120   11,955 96.7 Peripheral and low priced area compared to other areas
  1. aPeripheral area of Dhaka
  2. 1 US$ = BDT 78