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The Financial Express

Chattogram Development Authority executing Tk 3.57b new housing project

| Updated: May 08, 2021 18:27:11


Chattogram Development Authority executing Tk 3.57b new housing project

CHATTOGRAM: To address an ever-rising accommodation demand for a fast growing urban population, Chattogram Development Authority (CDA) will implement a new housing project in the port city.

The city planner has already selected land after crafting the new project aiming to accommodate a sizeable portion of the population whose demands for accommodation will continue to climb with the growing economic activities in the country's business centre.

According to the project outlay, the CDA will build 167 residential and 18 commercial plots on Lope Road in the city's Bayazid Bostami area.

Sources said, besides the new one, the CDA has been implementing a dozen other housing projects including Agrabad, Nasirabad, Silimpur, Kolpolok and Anonya which, once completed, may meet the demand for housing of the people who have already to come to the city and want to stay permanently here by purchasing a plot, or those wanting to come to the city of 6.0 million (60 lakh) inhabitants and settle by buying a flat here.

Officials said, the CDA has already allocated a total of 6,660 plots in the 12 housing projects being implemented in those areas.

Besides, the city development authority has also built a market-cum-apartment project at Kazir Dewri. A total of 64 apartments have been allocated in that project.

CDA chairman Zahirul Alam Dubash said the CDA was working to make more housing projects for solving residence crisis of the city-dwellers as well as increasing the city planner's revenue source.

As part of plans and efforts of Mr Zahirul Alam, CDA has embarked on the new project, titled 'Baizid Housing Project' on a 20-acre land in Bayazid Bostami area.

CDA officials said actually, the Bayazid Housing Project will be set up on 19.65 acres of land and work on selection and developing the land has already been completed.

The CDA has already sent the DPP of Bayazid Housing Project to the concerned ministry for approval.

According to the DPP, the cost of Baizid Housing Project is estimated to be over Tk 3.57 billion (Tk 357 crore and 82 lakh).

The project tenure will start from June this year and end in June in 2023. There will be man-made lake, play ground, green belts, etc. in the new project.

CDA Chief Engineer Kazi Hasan Bin Shams said, "According to the master plan of the port city, CDA has to craft housing projects on 50 acres of land every year. But, the CDA could not take any housing project in the last 10 years."

"After completing Ononya Housing Project of CDA, we are taking up the Bayazid Housing Project. Of the total land mass of the project, the CDA has 3 acres of land while the rests will be acquired," he said adding "I hope we can get the approval soon and the project will be implemented within the schedule time."

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