The Pulse Today
BREAKING
Sajib Pledges Aid for 50,000 Flood-Affected People in SonargaonMP Azharul Islam Mannan Distributes Relief Funds to Needy Families in SonargaonParliament Proposes Anti-Gambling Bill with Maximum 7-Year Prison PenaltyOpenAI Unveils 'Schedule' Feature to Boost Task Management in AI ChatbotPrime Minister Tareq Rahman Arrives in Dalian, China for Economic ForumEurope Confronts Intense Heatwave; Conditions Predicted to DeteriorateGold Prices Rise Again in Bangladesh Amid Global Market IncreaseSpaceX's Nasdaq Debut Values Company at Over $2 Trillion, Surpassing AmazonStudy Reveals AI Data Centers Contribute to Local Temperature IncreasesNarayanganj BNP Youth Wing Holds Rally to Welcome New Central CommitteeCarney Highlights Canada's Investment Appeal Amidst Rising US Trade TensionsFormer Google Engineer Warns of Uncontrollable AI with Potential to 'Kill Us All'Matt Renshaw's Maiden ODI Century Powers Australia to Victory Over ZimbabweMinister Mintoo Urges Collective Action to Combat Social Decay and CorruptionMinister Kaikobad Calls for Hassle-Free 2027 Hajj Operations in BangladeshInaugural Standing Committee Meeting on Information Ministry Focuses on Accountability and TransparencyTaskin Ahmed and Ebadot Hossain Inspire Fast Bowlers at Nationwide Talent Hunt LaunchFlick endorses 'self-confident' Yamal's bid for Ballon d'OrEnhanced Gas Supply Boosts Optimism Among Bangladesh Industrial BusinessesPresident Alamgir Urges Increased Investment in Sylhet’s Tourism and Tea IndustriesRobi and BCB Initiate Nationwide Search for Promising Fast Bowlers and SpinnersSaudi Crown Prince Mohammed bin Salman Meets Egypt's Sisi Amid Rising Houthi ThreatBangladesh's RMG Exports to US Increase by 11.42% in July-AugustMoody's Upgrades Bangladesh's Sovereign Outlook to Stable Amid Improved External PositionDhaka Stock Exchange Sees Rebound from Bargain Hunting and Improved Investor Confidence

Motijheel's Commercial Charm Fades as Gulshan and Banani Gain Prominence

Motijheel, once Dhaka's bustling commercial hub, is gradually losing its charm as businesses shift to Gulshan-Banani.

By Staff Correspondent
Share
জৌলুশ হারিয়েছে মতিঝিল, নতুন বাণিজ্যিক কেন্দ্র গুলশান–বনানী

Motijheel, once the heart of Dhaka's commercial activities, is gradually losing its allure as businesses migrate to newer areas like Gulshan and Banani. The shift is driven by the demand for modern facilities and better infrastructure in these emerging commercial hubs. As a result, many private institutions and banks are relocating their offices to these areas, leading to a noticeable decline in the occupancy and rental rates in Motijheel. The once-bustling area now faces challenges in attracting tenants, with many buildings standing vacant or underutilized. In contrast, Gulshan and Banani are witnessing a surge in commercial activities, with new high-rise buildings and modern offices attracting large corporations and multinational companies. This transformation signifies a significant shift in Dhaka's commercial landscape, with Gulshan and Banani emerging as the new epicenters of business and trade.

FAQ

Why are businesses moving from Motijheel to Gulshan-Banani?
Businesses are moving due to the demand for modern facilities and better infrastructure in Gulshan-Banani.

Topics

Comments

More in Lifestyle

See all →

Latest stories