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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
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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.

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