Some realtors fleecing customers
Housing minister says; real estate fair begins in Dhaka
Realtors should carry out businesses with integrity and without fleecing customers, said SM Rezaul Karim, housing and public works minister, yesterday.
“I want the realtors to make money by doing business maintaining ethics and integrity,” he said, while addressing the opening session of a five-day housing fair.
The Real Estate and Housing Association of Bangladesh (REHAB) has organised the winter edition of the event at the Bangabandhu International Conference Centre in Dhaka.
The minister alleged that some dishonest developers are fleecing the people through colourful ads in newspapers and billboards, asking them to stop the ill-practices.
He urged realtors to avoid unhealthy competition between themselves and advised the REHAB to raise awareness among customers about the vested quarter of developers.
REHAB President Alamgir Shamsul Alamin said the government should utilise the expertise of realtors by involving them in public infrastructure projects. He also urged the government to complete the procedure to reduce apartment registration fee as soon as possible.
The housing minister assured realtors of bringing changes to government policies so that they can participate in public tenders even if they don’t have required experience.
The minister warned land officials who are already involved in corruption or thinking to commit irregularities, asking them to leave the job.
‘’We have issued a notice to land offices ordering them to provide necessary services to the public within a stipulated time in order to cut the scope for graft.’’
Liaquat Ali Bhuiyan, first vice-president of the association, said the housing sector is directly linked with more than 250 sectors. If the housing sector improves, other sectors will also advance with it.
Co-sponsored by 27 realtors, the fair is featuring 230 stalls and the participants included 20 building material manufacturers and 13 financial institutions.