TO LET IN FARMGATE": FINDING RENTAL PROPERTIES IN DHAKA'S CENTRAL HUB

To Let in Farmgate": Finding Rental Properties in Dhaka's Central Hub

To Let in Farmgate": Finding Rental Properties in Dhaka's Central Hub

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"To Let in Farmgate": Finding Rental Properties in Dhaka's Central Hub


Farmgate, a bustling and strategically located area in the heart of Dhaka, presents a unique and dynamic "to let" (rental) market. Known for its intense commercial activity, numerous educational institutions, and excellent connectivity, it attracts a diverse population, creating high demand for various types of rental properties.



Why Farmgate is a Unique Rental Market


Farmgate's distinct characteristics shape its rental landscape:




  • Central Location and Connectivity: Farmgate's prime location makes it a transportation hub, with easy access to almost all parts of Dhaka. The presence of bus terminals and the nearby railway station ensures excellent connectivity. This is a major draw for renters.

  • Educational Hub: Farmgate and its surrounding areas are home to many colleges, coaching centers, and educational institutions, including Tejgaon College, Holy Cross College, and various vocational training centers. This creates a high demand for student accommodation.

  • Commercial Activity: The area is a major commercial zone with markets, shopping malls, offices, and businesses. This attracts working professionals seeking convenient living near their workplaces.

  • Diverse Population: Farmgate's mix of students, working professionals, and families creates a vibrant and diverse community.

  • Affordability (Relative): While not the cheapest area in Dhaka, Farmgate offers relatively affordable rental options compared to upscale neighborhoods like Gulshan or Banani, particularly for smaller units.


Types of "To Let" Properties in Farmgate


The rental market in Farmgate caters to a range of needs:




  • Bachelor Accommodations (Rooms/Seats): Due to the large student population, there's significant demand for single rooms or shared accommodations (seats) in mess facilities or smaller apartments. These are typically the most affordable options in Farmgate.

  • Small Apartments (1-2 Bedrooms): Working professionals and small families often seek compact apartments for convenience and proximity to their workplaces.

  • Family Flats (2-3+ Bedrooms): While less common than smaller units, family flats are available, though they might be older buildings.

  • Commercial Spaces: Shops, office spaces, and showrooms are also available for rent, reflecting Farmgate's commercial importance.


Average Rental Prices in Farmgate (Approximate)


Rental prices in Farmgate are influenced by its central location and high demand. Here's a general idea:




  • Bachelor Seat in Shared Room: BDT 2,500 - BDT 4,000+ per month

  • Single Room in Shared Apartment (Bachelor): BDT 6,000 - BDT 10,000+ per month

  • 1-Bedroom Apartment: BDT 8,000 - BDT 15,000+ per month

  • 2-Bedroom Apartment: BDT 15,000 - BDT 25,000+ per month

  • 3-Bedroom Apartment: BDT 20,000 - BDT 40,000+ per month (can be significantly higher for newer or larger units)

  • Commercial Shops: Highly variable, depending on size, location, and foot traffic.


Where to Find "To Let" Properties in Farmgate



  • Online Property Portals:

    • Bikroy.com: A popular classifieds website with many listings for Farmgate.

    • TheToLet.com: Specializes in rental properties across Bangladesh.

    • Bproperty.com: Offers a wide range of rental options, including apartments and commercial spaces.

    • Jiji.com.bd / Aabason.com: Also feature property listings in the Farmgate area.



  • Local Real Estate Agents: Farmgate has numerous local agents who specialize in the area. They can provide access to properties not listed online.

  • Physical "To Let" Signs: Walking around Farmgate, especially in residential lanes and near educational institutions, often reveals "to let" signs posted on buildings.

  • University/College Notice Boards: For students, checking notice boards at Tejgaon College, Holy Cross College, and other nearby institutions can be a good source of information for rooms and shared accommodations.


Tips for Renters in Farmgate



  • Act Quickly: Due to high demand, good properties get rented quickly. Be prepared to act fast.

  • Specify Your Needs: Clearly define your budget, desired property type (room, apartment), and any essential amenities.

  • Inspect Carefully: Thoroughly inspect any potential property before signing a lease.

  • Consider Transportation: Farmgate is well-connected, but traffic can be heavy. Consider proximity to your workplace or educational institution.

  • Negotiate (Where Possible): While demand is high, it's always worth trying to negotiate the rent or terms of the lease.


Farmgate's central location and diverse offerings make it a compelling choice for renters in Dhaka. By understanding its unique characteristics and utilizing available resources, you can find a suitable "to let" property in this dynamic area.

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