Present scenario of fair face holdings ltd. (context of real estate sector of BD)
AuthorHaque, Md. Mahamudul
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The real estate sector is the growth center for the development of an economy. Bangladesh, being one of the densely populated nations in the world, has been experiencing severe of houses shortage for its citizens. Although majority of the population is segmented into the middle and the low income groups, still housing for all has been a fallacy in Bangladesh. The gap between demand and supply is still joy wide. Despite inadequate policy preparations, these real estate developers have been successfully making business although the middle and the low income households are still untapped. Fair Face Holdings Ltd. was established in the year 2005 with REHAB membership, and is now the promising and pioneering company in the real estate of Bangladesh. As an intern I got the chance to attach at FFHL for 12 weeks. The internship is a way to relate practical knowledge with the theoretical knowledge. In this report I discuss and analysis the real estate industry and FFHL separately. Also I identify some internal and external factors that influence this sector and also the organization. However, to pave the way for the organic development of the industry, the problem of long existent inadequate financing availability at lower burden of terms and costs must have to be removed immediately, and wider scope has to be created for Non-Resident Bangladeshis. With many other issues, this study attempts to identify the current status of the private housing real estate in Bangladesh, presents deeper insights of the critical factors for increasing its coverage, and thus finally recommends some immediate measures which will be helpful for both the organization and the industry also.