Best & Budget-Friendly Areas to Buy Land Near Dhaka

Rapid economic growth in Dhaka, along with rising urban congestion, as well as expensive land, is forcing people to look for a place outside the core of the capital. No doubt, those places will also develop a lot more within a few years, and the prices will also go high, and that’s why choosing the right location is important. People often look for budget-friendly areas to buy their dream land near Dhaka, and Property64 will help them pick the best ones.

Cheap & Affordable Areas to Buy Land Near Dhaka

Savar

Located at the face of the city when you enter from North Bengal. It’s about 24 km from Dhaka. Residents will find excellent connectivity, educational institutions, and industrial areas here. You will find land at a relatively lower price. But Savar will offer you accessibility, affordability, as well as potential for long-term growth. It is a place that’s very much ideal for long-term investment.

Keraniganj

It’s located on the Southern bank of the Buriganga River. This factory and industry-based area is close to Old Dhaka. Infrastructure in this region is tending to be developed and will develop more in the coming years. For instance, new infrastructures like bridges are making the place more accessible. Currently, Keraniganj offers land at an affordable price, but rapid urbanization will make the prices more expensive in the coming years.

Dhamrai

Are you looking for a large plot with a peaceful environment? Do you also prefer a bit of agricultural activities? Well, move to the west, and Dhamrai is all you need. People who want both housing and farming will find this area a perfect placement for themselves, and yes, the land is currently available quite cheaply, if you compare.

Ashulia

This is another popular area. Around 21.3 km away from the core, Ashulia is a place that meets the criteria for both residential and commercial usage. Affordable lands are very much on offer, and it is full of various garment factories. So, if you want your land at a lower rate for your house or business, you may choose somewhere in Ashulia.

Purbachal Extension

Included among the largest planned townships in the country. The actual core of the Purbachal is quite expensive and may not be an option for your budget. But we are suggesting the peripheral areas or the extension of the main city, where you can still have some luck to find the land at a reasonable price.

Cheap Land Price in Dhaka

Take a look at the approximate prices of land near Dhaka, which come at an affordable rate. Find which one suits your budget.

So, comparatively, Dhamrai offers the cheapest lands among your desired budget-friendly options. But if you can afford more, you may choose the likes of Purbachal Extension, Ashulia, or Savar. But if you have no option to increase, then you may invest in land at Dhamrai and Keraniganj. We can almost certainly say the prices will hike in the near future.

What are the Factors behind Land Prices near Dhaka?

Location and Accessibility

One of the major factors is how much distance it has from the core of Dhaka city. On the other hand, land prices depend on its proximity to major roads, highways, and transit routes. The closer to those facilities, the higher the price.

Infrastructure and Development

Lands which is nearby to the likes of schools, hospitals, and electricity lines will cost more than the ones away from those institutions.

Purpose and Zoning

Lands that fall into the commercial zone are more expensive than the ones which are residential. However, residential and commercial mixed zones are more demanding and have the most value.

Advantages of Buying Land near Dhaka

• No doubt, the affordable prices make these areas more attractive. Because the middle-class families can’t always afford land in the core of Dhaka. These places are more suitable for them.
• Quieter surroundings, less pollution, and also close to nature. You will find perfect living conditions.
• The current pricing might be low, but in terms of future appreciation, you will enjoy increased value and hence a good investment.
• As the available plots are larger in size, one can customize their house, farm, business, and decorate in a way they want.

Disadvantages of Buying Land near Dhaka

• There would be a lack of facilities. Roads might be narrower, and institutions are not frequently available.
• Although the highways are developing rapidly but one still finds travel to the main Dhaka city a time-consuming issue on a daily basis.
• More frequent scam issues are always there, and hence, one needs expert help to avoid unnecessary fraud.

In case you are looking for Budget-Friendly Areas to Buy Land within Dhaka, then the likes of Mohammadpur, Aftab Nagar, Mirpur, Banasree, etc, might be your options.