THE "TO LET" MARKET IN MIRPUR 11, DHAKA: A GROWING RESIDENTIAL HUB

The "To Let" Market in Mirpur 11, Dhaka: A Growing Residential Hub

The "To Let" Market in Mirpur 11, Dhaka: A Growing Residential Hub

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Mirpur 11, located in the larger Mirpur area of Dhaka, is a rapidly developing residential zone with a growing "To Let" (rental) market. Its affordability, improving infrastructure, and access to essential amenities make it an increasingly attractive option for a diverse range of tenants.



Key Drivers of Mirpur 11's Rental Market:



  1. Affordable Housing: Compared to central Dhaka or upscale areas like Gulshan and Banani, Mirpur 11 offers significantly more budget-friendly rental options. This is a primary driver for its popularity, especially among middle-income families, young professionals, and students.

  2. Improving Connectivity: While Mirpur 11 itself doesn't have a direct metro station, its proximity to Mirpur 10 and other well-connected areas within Mirpur, coupled with a robust bus network, provides reasonable access to other parts of Dhaka. Ongoing infrastructure projects are further improving connectivity.

  3. Proximity to Educational Institutions: The broader Mirpur area is a major educational hub. Mirpur 11's location within this zone makes it a convenient choice for students attending nearby colleges, universities, and coaching centers.

  4. Growing Commercial Activity: Mirpur 11 is witnessing a gradual increase in commercial activity. Local markets, shops, and small businesses are emerging, providing employment opportunities and driving residential demand.

  5. Family-Friendly Environment: Mirpur 11 is generally considered a peaceful and family-friendly area, with a strong sense of community. This appeals to families seeking a comfortable and safe living environment.


Types of "To Let" Properties in Mirpur 11:


The "To Let" market in Mirpur 11 caters to a variety of needs:




  • Bachelor Seats/Rooms: A significant portion of the rental market caters to students and single working individuals. These are typically the most affordable options.

  • Family Apartments: The most common type of residential rental, offering 2-bedroom and 3-bedroom units. These vary in size, amenities, and price.

  • Sublets: Less common than apartments, but sometimes available for short-term stays or for sharing an existing apartment.

  • Commercial Spaces: Primarily smaller shops and office spaces, catering to local businesses.


Rental Trends and Pricing:


Rental prices in Mirpur 11 are generally moderate but vary depending on:




  • Location: Proximity to main roads, markets, and public transport affects prices.

  • Amenities: Buildings with lifts, security, and readily available utilities (gas, water, electricity) command higher rents.

  • Property Condition: Newer and well-maintained properties are typically more expensive.

  • Size and Type: Larger apartments and commercial spaces are more costly.


General Price Ranges (as of mid-2025, subject to change):




  • Bachelor Seats: BDT 2,000 - 5,000+ per month.

  • Bachelor Rooms: BDT 4,000 - 8,000+ per month.

  • Family Apartments (2-3 beds): BDT 12,000 - 25,000+ per month.

  • Commercial Spaces: Highly variable, but smaller shops might start around BDT 8,000 - 15,000, while office spaces can range from BDT 20,000 upwards.


Landlords typically require an advance payment equivalent to 1-3 months' rent, plus monthly utility and service charges.



How to Find "To Let" Properties in Mirpur 11:


The best way to find rentals in Mirpur 11 is through a combination of online and offline methods:




  1. Online Property Portals:

    • Bikroy.com: A popular platform with numerous listings for Mirpur 11.

    • Bproperty.com: Offers more detailed listings and agent assistance.

    • TheTolet.com / https://www.google.com/search?q=ToletBD.com: Specialized rental platforms with options for Mirpur 11.



  2. Social Media Groups: Facebook groups dedicated to "Mirpur To Let" or "Dhaka Rentals" can be helpful.

  3. Local Brokers/Agents: Many brokers operate in the area and have knowledge of available properties.

  4. Traditional "To Let" Boards: Walking or driving through the area can reveal physical "To Let" signs, especially for individual houses or smaller units.


Mirpur 11 offers a balance of affordability and convenience, making it a viable option for those seeking rental properties in Dhaka.

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