Rajshahi with the number of real estate organizations growing gradually, various issues concerning the housing quarter cropped up requiring an early solution. At this stage, it was once necessary to structure a change affiliation of the Real Estate developers to protect the typical hobbies of the sector. To give a boost to the function of real property quarter Real Estate & Housing Association, Rajshahi (REDA) used to be formed with only four members in 2017. The goal of REDA was once to promote formal private sector Real Estate Development in Rajshahi.
REDA organizes its most colorful annual event REDA Housing Fair every year in Rajshahi for the member developers, financial institutions and building material providers. It has already completed the 2nd REDA Fair.
Vision & Mission
REDA – Real Estate and Housing Association, Rajshahi was formed on 2017 to promote real estate development in the private sector in Rajshahi. REDA is the only recognized organization for real estate developers in Rajshahi.
Urbanization is an effect of each population boom and rural-urban migration. As urbanization increases, extra and greater human beings are becoming metropolis dwellers. Rajshahi is not any exception to that picture. The ever-increasing urban population is catering to increasing demand for shelter. The proper of refuge is an essential right, which is ensured utilizing each UN statement and the constitution of Bangladesh. But it is very difficult on the part of the authorities of Bangladesh alone to make certain housing for all. Here comes the need of private sector real estate development.
It is a recognized fact that the fitness of the Real Estate Development Sector is the barometer of the National economy. In Rajshahi, Real Estate Business began in 2017 and now in 2019, there are about 20 corporations engaged in this business.