Bangladesh’s real estate sector stands at a critical juncture, facing both unprecedented growth opportunities and complex challenges. As the industry navigates regulatory hurdles, financing constraints, and technological disruptions, professional consulting services have become essential for sustainable development and competitive advantage. Shubhankar & Co. offers specialized real estate consulting services in Bangladesh, helping property developers, management firms, and investors overcome obstacles and capitalize on emerging opportunities through tailored financial advisory, regulatory compliance, and strategic planning solutions.
Dhaka’s evolving skyline reflects the rapid growth in Bangladesh’s real estate sector
The real estate industry in Bangladesh has experienced significant growth over the past decade, emerging as a vital contributor to the country’s economic development. Currently valued at approximately $7.8 billion, the sector contributes nearly 8% to Bangladesh’s GDP and has maintained an average annual growth rate of 5-7% despite periodic market fluctuations.
Residential Sector
Represents 65% of the market, primarily concentrated in urban centers like Dhaka and Chattogram. Apartment developments dominate this segment, with increasing demand for mid to high-end residential properties as urbanization accelerates.
Commercial Sector
Comprises 25% of the market, including office spaces, retail developments, and mixed-use projects. Growing demand from multinational corporations and local businesses has spurred development in prime locations across major cities.
Industrial Sector
Accounts for 10% of the market, focusing on manufacturing facilities, warehouses, and special economic zones. This segment is experiencing rapid growth due to Bangladesh’s expanding industrial base and export-oriented economy.
The Bangladesh real estate market features a mix of established developers and emerging companies. Leading organizations include Bashundhara Group, Building Technology & Ideas (BTI), Concord Real Estate, Sheltech, and Rangs Properties. These companies have shaped the urban landscape through significant residential and commercial developments, particularly in Dhaka’s expanding metropolitan area.
The industry’s economic significance extends beyond direct contributions to GDP. Real estate development generates substantial employment opportunities across construction, materials manufacturing, financing, and property services sectors. Additionally, the industry stimulates growth in complementary sectors such as furniture, home appliances, and interior design services.
Despite its growth trajectory, the real estate industry in Bangladesh confronts numerous challenges that impact profitability, operational efficiency, and long-term sustainability. Understanding these obstacles is crucial for developing effective consulting solutions that address the sector’s specific needs.
As the real estate industry in Bangladesh evolves and faces increasingly complex challenges, companies are seeking specialized consulting services to gain competitive advantages, improve operational efficiency, and ensure regulatory compliance. The following services represent the most sought-after consulting solutions in the current market.
Real estate companies in Bangladesh increasingly require sophisticated financial advisory services to optimize capital allocation, manage risks, and maximize returns. These services have become essential as the industry faces tighter financing conditions and more complex investment landscapes.
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Navigating Bangladesh’s complex and evolving regulatory environment presents significant challenges for real estate companies. Professional guidance on compliance matters has become indispensable for avoiding legal complications, penalties, and project delays.
Key Services in Demand:
Navigating Bangladesh’s complex and evolving regulatory environment presents significant challenges for real estate companies. Professional guidance on compliance matters has become indispensable for avoiding legal complications, penalties, and project delays.
Key Services in Demand:
As competition intensifies and profit margins tighten, real estate companies in Bangladesh are increasingly focused on optimizing project execution and operational efficiency. Professional consulting in these areas helps minimize costs, reduce timelines, and improve quality outcomes.
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In Bangladesh’s dynamic real estate market, data-driven decision-making has become essential for project success. Companies seek comprehensive market insights and feasibility assessments to minimize investment risks and align development plans with market demands.
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As the industry evolves, Bangladesh’s real estate companies are recognizing the need to embrace digital technologies to improve efficiency, enhance customer experiences, and gain competitive advantages. Consulting services in this domain help companies navigate the complex technology landscape and implement solutions that deliver tangible benefits.
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With growing environmental awareness and increasing regulatory pressure, sustainability has become a critical consideration for Bangladesh’s real estate sector. Companies seek specialized guidance on implementing environmentally responsible practices that also deliver long-term cost benefits and market differentiation.
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Looking for specialized consulting services to improve your real estate business? Shubhankar & Co. offers expert solutions tailored to the unique needs of Bangladesh’s property sector.
For Shubhankar & Co., the Bangladesh Climate Action Roadmap unveils a pivotal market transformation, positioning firms with foresight at the forefront of a multi-billion dollar green transition. The national mandate to drastically reduce embodied and operational carbon in buildings by 2050, coupled with the urgent need for climate-resilient infrastructure, creates an immediate demand for expert consultancy in sustainable design, low-carbon material specification, and circular construction practices. The roadmap explicitly identifies gaps in technical capacity, enforcement of the updated Bangladesh National Building Code (BNBC 2020), and the need for green building certifications—directly presenting an opportunity for our firm to guide developers, investors, and government bodies through compliance, sustainable project financing, and the implementation of energy-efficient technologies. By aligning our services with national priorities such as decarbonizing the construction supply chain and developing climate-adaptive housing, Shubhankar & Co. can not only mitigate regulatory risks for our clients but also lead the market in building a sustainable, resilient, and profitable future for Bangladesh’s built environment.
Shubhankar & Co. is a premier public accounting and management consulting firm with specialized expertise in Bangladesh’s real estate sector. With a deep understanding of local market dynamics, regulatory frameworks, and industry challenges, we deliver tailored consulting solutions that help real estate companies optimize operations, ensure compliance, and maximize profitability.
With over 15 years of experience serving Bangladesh’s real estate industry, Shubhankar & Co. combines financial acumen, regulatory knowledge, and operational expertise to deliver comprehensive consulting solutions. Our team includes certified public accountants, financial analysts, legal experts, and industry specialists who understand the unique challenges and opportunities in the local property market.
Deep understanding of Bangladesh’s real estate market dynamics, regulatory environment, and competitive landscape.
Integration of financial, legal, operational, and technological expertise to address complex industry challenges.
Customized consulting services tailored to each client’s specific needs, objectives, and market position.
Our financial modeling and valuation services help real estate companies make informed investment decisions, optimize capital allocation, and maximize returns. We develop comprehensive financial models that account for market conditions, regulatory factors, and project-specific variables.
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Our tax specialists help real estate companies navigate Bangladesh’s complex tax landscape, ensuring compliance while identifying legitimate opportunities for tax optimization. We provide proactive tax planning that aligns with business objectives and regulatory requirements.
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Our risk management services help real estate companies identify, assess, and mitigate various risks that could impact project success and business sustainability. We develop robust internal control systems that safeguard assets, ensure operational integrity, and support regulatory compliance.
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Our strategic advisory services help real estate companies define clear business objectives, develop effective growth strategies, and adapt to changing market conditions. We provide data-driven insights and industry expertise to support informed decision-making at the executive level.
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Our M&A specialists provide comprehensive support for real estate companies engaged in acquisitions, mergers, joint ventures, and other strategic transactions. We help clients identify suitable opportunities, conduct thorough due diligence, and structure deals that create maximum value.
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Our technology consultants help real estate companies leverage digital tools and systems to improve operational efficiency, enhance customer experiences, and gain competitive advantages. We provide end-to-end support for digital transformation initiatives, from strategy development to implementation and training.
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Client: A mid-sized residential developer in Dhaka
Challenge: The client faced significant delays in project approvals and recurring compliance issues that were affecting their reputation and financial performance.
Solution: Shubhankar & Co. conducted a comprehensive compliance audit, identified critical gaps, and implemented a structured compliance management system with clear processes and responsibilities.
Results:
Client: A commercial property developer with liquidity challenges
Challenge: The client was struggling with cash flow issues due to project delays and inefficient capital allocation across multiple developments.
Solution: Our team developed a comprehensive financial restructuring plan, including debt refinancing, project prioritization, and improved cash flow management systems.
Results:
Khurshid brings a proven methodology, recognized by the PMI Bangladesh Chapter’s “PM Excellence Award” (PMO of the Year 2020). His track record with global giants like Citi, Microsoft, IFC, Unilever, and P&G demonstrates a relentless focus on delivering projects that meet the highest benchmarks of budget, schedule, and quality.
Our services, under Khurshid’s guidance, cover the entire project spectrum:
With a PhD from The University of Tokyo and extensive experience managing multi-million dollar projects in Japan and Bangladesh, Khurshid offers a rare blend of global best practices and deep local market insight. This ensures that your project benefits from world-class strategies that are perfectly tailored to the Bangladeshi context.
The real estate sector in Bangladesh stands at a pivotal juncture, with significant opportunities for growth and transformation. Companies that adapt to emerging trends, address persistent challenges, and leverage professional consulting services will be best positioned to thrive in this evolving landscape.
“The most successful real estate companies in Bangladesh will be those that combine local market knowledge with international best practices, embracing innovation while maintaining regulatory compliance and financial discipline.”
– Managing Partner, Shubhankar & Co.
As Bangladesh’s real estate industry continues to mature and face increasingly complex challenges, professional consulting services will play a crucial role in driving innovation, ensuring compliance, and optimizing performance. Companies that leverage external expertise to complement their internal capabilities will be better equipped to navigate market uncertainties and capitalize on emerging opportunities.
Shubhankar & Co. remains committed to supporting the sustainable growth of Bangladesh’s real estate sector through specialized consulting services that address the industry’s unique challenges and opportunities. By combining local market knowledge with international best practices, we help our clients achieve their business objectives while contributing to the broader development of the country’s urban landscape.
Khurshid Almeher is a distinguished leader in project management and real estate advisory with over 20 years of international experience. As the founder and CEO of Kaymonto & Partners, his “on cost, on time, on quality” methodology has been proven with a global client portfolio including Citi, Microsoft, and Unilever, earning the PMI Bangladesh Chapter’s PM Excellence Award.
A PhD holder from The University of Tokyo, he uniquely blends global best practices with deep local market expertise in Bangladesh. He is also a respected educator, serving as an Adjunct Associate Professor at BRAC University and MIST. Khurshid specializes in managing complex projects from conception to completion, providing strategic oversight in contract, construction, and design management for the built environment.
