Table 2 Land price increase in Dhaka city and fringe areas (Bangladeshi Taka/m2).
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) | Â | Â | Â | 1120 | Â | 11,955 | 96.7 | Suburb but high land and well connected to main city |
Northern region (Gazipura) | Â | Â | Â | 1494 | Â | 10,461 | 60.0 | Peripheral area but high land and growing industrial belt |
South-western (Keranigonja) | Â | Â | Â | 1120 | Â | 11,955 | 96.7 | Peripheral and low priced area compared to other areas |