BTI readies Tk700cr to build gated communities | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
July 11, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, JULY 11, 2025
BTI readies Tk700cr to build gated communities

Habitat

Bishakha Devnath
01 December, 2020, 12:20 pm
Last modified: 01 December, 2020, 02:39 pm

Related News

  • bti launches 20 brand-new projects at the bti summer sales carnival
  • bti celebrates Bangla Noboborsho with colours of Boishak
  • GP and BTI collaborate to bring smart home solutions
  • Govt to take steps to improve living standard of Rabidas community: Nahid
  • Community visioning summit: Hearing from the people of Dhaka South

BTI readies Tk700cr to build gated communities

The leading real estate company will spend the funds on four projects, and each housing complex with at least 100 apartments will be built on more than two bighas of land

Bishakha Devnath
01 December, 2020, 12:20 pm
Last modified: 01 December, 2020, 02:39 pm
BTI readies Tk700cr to build gated communities

The Building Technology and Ideas Ltd (BTI) will invest up to Tk700 crore initially in adopting a new business model that caters to clients' yearning to stay connected to nature and live within a community.

It has taken up four projects – three in Dhaka and one in Chittagong – centring on the theme of "wellness community homes," where residents will get much more than just an apartment to call a home of their own. The most attractive features will be green patches of land, a garden on the rooftop, a swimming pool, a well-equipped gymnasium and a yoga studio.

BTI, one of the leading real estate companies, will officially launch the projects next month and will begin handing over the apartments in 2023.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

It is embarking on this ambitious venture when the pandemic roiled demand in the real estate sector due to potential customers' income squeeze and the unpredictable future.

The scope of investing undisclosed money, loans with single-digit interest rate and a reduction in registration costs brought some relief to the market, yet it may take until January next year to return to its usual business, as suggested by the Real Estate and Housing Association of Bangladesh.

BTI's plans for expansion come as a contrast to the not-so-bright picture. In a recent interview with The Business Standard, Mohammad Moniruzzaman, chief operating officer of BTI, shared how the company's vision had shaped up in the midst of a pandemic towards promoting healthy living.

At a time when people have been coerced into living indoors to maintain social distance, "We felt compelled to think what more we can offer to take care of the physical and psychological wellbeing of our clients."

The targeted clients are people belonging to the middle-income group, who nurture a strong sense of community and wish to be surrounded by greenery.

The coronavirus taught people that human life is intertwined with nature and renewing the connection is necessary to live happily. "We don't know how long the coronavirus will stay with us and if there are similar situations awaiting us in future, but we know that we have to act to bring about a change in our lifestyle," Moniruzzaman said.  

Home is where people ought to spend most of their time and BTI under the new projects is looking to ensure all the amenities they need to rejuvenate their spirit, exercise, socialize and entertain themselves.

Each of the four projects will have more than 100 apartments, and the complexes would be built on more than two bighas of land, with infrastructures having a walk-up height of 12 floors. It aims to expand the initiative by acquiring more land in the two cities and on the outskirts of the capital.

"The more the land gets bigger, the more space we will have to accommodate facilities like open air movie theatres, BBQ zones and picnic and brunch spots," the BTI executive said. The shared facilities would not push up the apartment prices much, he added.

On how the business has so far been for BTI in the economic downturn, Moniruzzaman said many clients fearing uncertainty had cancelled agreements with BTI during the two-month shutdown, but they returned when things started turning around.

Besides, he said, BTI had the advantage of being a trustworthy companion of its clients since 1984. It has always kept its promises and handed over apartments on or before time, which is why "people aspiring to own a home found us as their reliable partner in this difficult time."

Features / Top News

BTI / community

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • No need to worry as US tariff talks ongoing: Fouzul tells biz leaders
    No need to worry as US tariff talks ongoing: Fouzul tells biz leaders
  • Economist Abul Barkat; Photo: Courtesy
    Economist Abul Barkat arrested in graft case
  • Representational image. Photo: Syed Zakir Hossain/TBS
    Explainer: Why SSC pass rate hit a 17-year low

MOST VIEWED

  • Graphics: TBS
    BB raises startup fund limit, drops upper age barrier
  • Workers pack undergarments at the packing section of a garment factory in Ashulia, on the outskirts of Dhaka, Bangladesh, April 19, 2025. Photo: REUTERS/Fatima Tuj Johora
    After US tariffs, jobs hang by a thread in Bangladesh's garments sector
  • Photo: Mohammad Minhaj Uddin/TBS
    SSC, equivalent results: Pass rate drops to 68.45%, GPA-5 also declines
  • File photo of containers at Chattogram port/TBS
    US buyers push Bangladeshi exporters to share extra tariff costs
  • Govt vehicle purchase, foreign trip, new building construction banned: Finance ministry
    Govt vehicle purchase, foreign trip, new building construction banned: Finance ministry
  • Students sit for SSC exam at Motijheel Girls' High School on 10 April 2025. Photo: Mehedi Hasan/TBS
    SSC exam results out: Here's how you can check online and via SMS

Related News

  • bti launches 20 brand-new projects at the bti summer sales carnival
  • bti celebrates Bangla Noboborsho with colours of Boishak
  • GP and BTI collaborate to bring smart home solutions
  • Govt to take steps to improve living standard of Rabidas community: Nahid
  • Community visioning summit: Hearing from the people of Dhaka South

Features

Photo: Collected/BBC

What Hitler’s tariff policy misfire can teach the modern world

3h | The Big Picture
Illustration: TBS

Behind closed doors: Why women in Bangladesh stay in abusive marriages

6h | Panorama
Purbachl’s 144-acre Sal forest is an essential part of the area’s biodiversity. Within it, 128 species of plants and 74 species of animals — many of them endangered — have been identified. Photo: Syed Zakir Hossain/TBS

A forest saved: Inside the restoration of Purbachal's last Sal grove

6h | Panorama
Women are forced to fish in saline waters every day, risking their health to provide for their families. Photo: TBS

How Mongla’s women are bearing the brunt of rising salinity

1d | Panorama

More Videos from TBS

'Hypocrisy' will not continue, Iran tells IAEA

'Hypocrisy' will not continue, Iran tells IAEA

2h | TBS World
OpenAI to release web browser in challenge to Google Chrome

OpenAI to release web browser in challenge to Google Chrome

2h | TBS World
Will the title 'Honorable and Excellency' be abolished?

Will the title 'Honorable and Excellency' be abolished?

3h | TBS Today
July Declaration must be constitutionally recognized: Akhtar Hossain

July Declaration must be constitutionally recognized: Akhtar Hossain

2h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net