The apartments of Multiplan Red Crescent City, a joint venture project between Bangladesh Red Crescent Society and Multiplan Limited, will help resolve the housing problem of middle class and low-income people, project developers told a press briefing yesterday in Dhaka.

The 3-bed-room apartments of 985, 1011, 1102, 1258 and 1278 square feet categories will have all modern facilities, said Syed Munsif Ali, managing director of Multiplan Limited.

The joint venture project at Mirpur-1has already begun the construction work of one of its 4 apartment buildings on 7.5 bigha land of Bangladesh Red Crescent Society, he noted.

Buyers can book apartments depositing only Tk 50,000 for an apartment as down payment and paying off the rest in 48 to 60 installments, Multiplan's Executive Director Engineer Syed Ismail Ali told the journalists.

"We have designed the project in a way which is appropriate for the middle class in terms of both cost and demand," Nusrat Jahan, the project architect, said.

Twelve feet corridor and 5 feet distance in between two adjacent apartments is the unique feature of the project, she added.

Other facilities of the project include alternative deep tube well water supply in case of water crisis, 24-hour electronic security system, modern fire fighting system, health care center, prayer hall, beauty parlour, saloon and a centrally air-conditioned modern shopping complex with escalator up to the fifth floor, the project officials said.

All the 937 units of the four 15-storey apartments are expected to be handed over to buyers within next 3 to 5 years, they added.