When it comes to providing different categories of residences, the capital is on top of the list. No matter if you are looking for a luxurious residence or a budget-friendly apartment in Dhaka, you will get the best of both if you are dedicated enough. However, it might not be easy to find a low-price flat in Dhaka’s most desired locations. Because of the high demand in these locations, apartment prices are pretty high. We picked three key factors for living in a neighborhood and, based on those factors, gathered the five best locations. The three key factors that are essential for a location to find a low-price flat-

Accessibility: A location should be accessible. It should be easier to reach destinations like workplaces, schools, medical facilities, and shopping centers from the area. A well-connected neighborhood with the availability of transport contributes significantly to daily life.

Cost of Living: The living cost of the area should be reasonable. Alternatively, there should be multiple options available for different lifestyles. Expenses like groceries, transportation, utilities, and other activities in a standard range ensure that they align with the lifestyle.

Essential Facilities: Neighborhoods without essential facilities make life difficult. Facilities such as grocery shops, markets, hospitals, and educational institutions should be easily accessible from the location. Having these facilities assures a constant and safe lifestyle.

There are other factors included when it comes to living and lifestyle. However, these three factors have a direct impact on your finances and peace of mind. Knowing you have a hospital near you for emergencies or an easy commute route every morning sure does provide a sense of peace. Considering these criteria, the best locations you should consider looking-

Mirpur

Badda

One of the most well-planned areas of the capital is Badda. It is a promising neighborhood for people looking for a low-price flat in Dhaka. From cozy apartments to more spacious apartments, this location caters to meet different financial needs. One of the key features of Badda is where it is situated. Being right beside the desired neighborhood of Gulshan, it has proximity to essential amenities and commercial areas. This makes it easier for people to commute every day to their work. However, you can get access to the budget-friendly amenities and facilities of Badda at the same time. This established neighborhood has well-known schools, hospitals, and shopping malls. It also offers great connectivity with other parts of the city. Badda is also close to several top-quality universities, such as North South University, Independent University, Bangladesh, and American International University Bangladesh in Bashundhara R/A and Kuril. Overall, if you are looking for a perfect balance of affordable and convenient living experience, Badda is an excellent solution.

Mohammadpur

Dhaka’s one of the oldest residential communities is Mohammadapur. This neighborhood offers a wide range of apartment options. It has modern apartments with all the amenities and also classic apartments with old designs. No matter what you choose, a modern or a classic home, you can get some budget-friendly apartments here. Mohammadpur offers all the basic amenities and facilities. Because of being the neighbor of Dhanmondi, you will have easy access to the commercial area and the lively environment including recreational activities, shopping centers, and a variety of restaurants. Mohammadpur is also the home to Residential Model College, one of the best educational institutions that Dhaka has to offer. It also features some of the best budget-friendly delicious foods for a change in taste buds. With constant growth and developments surrounding this location, buying a low-price flat in Mohammadpur might turn out to be a good investment since the value of the properties is most likely to appreciate over time.

Uttara

Another location that has the potential to appreciate property value over time. Not even a couple of years ago, Uttara was not a well-connected location with other parts of the city. But with the infrastructure developments of multiple flyovers, roads, expressways, and metro rail, Uttara is becoming one of the most connected and well-planned places for a home. It offers playgrounds, shopping malls, and the famous restaurant chains of Dhaka. There are several school and college options, health facilities, and available transport systems. A large part of Uttara also provides a peaceful environment if you prefer to live in a noise-free place. With the essential amenities and facilities already existing and now the addition of the new infrastructures in Uttara, the price of the properties will soon start increasing. Keep an eye on Uttara’s property market If you are planning to buy a low-price flat in Dhaka. You might find the perfect address in one of the best residential areas of the capital.

Banasree

Banasree is a well-planned neighborhood that provides a calm and quiet living style. This location is near Gulshan, Badda, and Rampura, allowing you to enjoy the benefits of different locations. But Banasree has its own features for its residents. It offers several educational institutions that offer quality education and some modern health centers as well. Several bus services start from Banasree, and metro rail is also accessible from this location, allowing you to travel to other parts of the city conveniently. For daily necessities, there are multiple options inside and outside of Banasree. There is a commercial part in this location, but the residential side is placed in a well-organized part. As a residential neighborhood, this location offers a lot and has the potential to grow significantly with major developments undergoing. Yet, it is well known to people for finding a modern but a low-price flat in Dhaka. Among all the affordable housing areas, Banasree is the most underrated location with huge potential.

In conclusion, Dhaka offers a diverse array of neighborhoods, each offering unique advantages. Locations like Mirpur, Badda, Mohammadpur, and Uttara present different preferences and lifestyles. While some of the locations are promising for their vibrant atmosphere and unique amenities, others offer a balance between budget-friendly living and the conveniences of the city. Ultimately, the decision to choose a neighborhood depends on individual preferences. Whether you are looking for the most lively part of the city or a peaceful location, Dhaka has ample opportunities for you to decide on your next address. Happy flat hunting!

Frequently Asked Questions (FAQ)

How can I determine which neighborhood is best for a low-price flat in Dhaka?

Consider factors like affordability, accessibility, and your personal preferences to find the right neighborhood that suits you.

Is there any ongoing development in these neighborhoods?

Currently, there are ongoing developments in some of the neighborhoods.

How do I find the best deals for finding a low-priced flat in these neighborhoods?

Market knowledge and research is the best method for finding a low-priced flat in Dhaka. Consider engaging a real estate agent.

How do I stay updated on property availability in these neighborhoods?

Stay updated with real estate listings and reputed real estate websites or social media. Alternatively, you can also explore our property listing.

What are the factors I should consider before buying a low-price price flat in Dhaka?

Check out our blog about 10 key factors to consider before buying a low-price flat in Dhaka to learn more.