REHAB Fair 2022 to kick off Wednesday

The five-day REHAB Fair 2022, organised by the Real Estate and Housing Association of Bangladesh (REHAB), is set to begin in Dhaka on December 21 to showcase real estate and housing products at the Bangabandhu International Conference Center (BICC) in Dhaka.

Local Government, Rural Development and Co-operative (LGRD) Minister Md Tazul Islam as the chief guest and State Minister for Ministry of Housing & Public Works Sharif Ahmed as special guest are expected to inaugurate the fair on Wednesday.

The REHAB Vice President Engineer Mohd Shohel Rana disclosed the information at a press conference at Pan Pacific Sonargaon in Dhaka on Sunday, while the association’s other Vice President Kamal Mahmud also delivered a speech.

“A total of 180 stalls will be set up in this fair. Of them, three are diamond pavilions, seven gold sponsors, 22 co-sponsors, 16 building material companies, and 13 financial institutions,” Shohel said in his speech.

Answering questions from journalists, Kamal Mahmud said, “The price of flats may go up 30-40 per cent in the next year due to the implementation of new DAP and the price hike of construction raw materials.

“So, buyers can get a chance to purchase apartments at reasonable prices in this year's fair.”

Flats worth Tk 198 crore, plots worth Tk 125 crore, and commercial space worth Tk 78.38 crore were sold and booked at the REHAB Fair-2021. Around 200 stalls were set up at the fair, and over 19,000 people visited the event last year.