MIRPUR-3 RENTAL MARKET SNAPSHOT

Mirpur-3 Rental Market Snapshot

Mirpur-3 Rental Market Snapshot

Blog Article

A transitional zone between Mirpur's commercial and residential areas, offering 15-20% lower rents than Mirpur-1 but with better accessibility than outer Mirpur sections.



???? Rent Matrix (Monthly BDT)











































Type Old (Pre-2000) Mid (2000-2015) New (Post-2015) Elite Compounds
1-Bedroom 7,000-10,000 11,000-16,000 18,000-25,000 30,000+
2-Bedroom 12,000-18,000 20,000-30,000 35,000-50,000 60,000-90,000
3-Bedroom 18,000-25,000 30,000-45,000 55,000-75,000 90,000-1,20,000
Shared Spaces 4,000-6,000 7,000-10,000 12,000-15,000 -


???? Micro-Market Analysis




  1. Kazipara Core (Main Road)





    • ???? Commercial-residential mix




    • ???? Key landmark: Kazipara Bus Stand




    • ???? 2BR avg: 22,000-35,000




    • ???? Best for: Small businesses, young professionals






  2. Block A/B (Behind Police Station)





    • ???? Quiet residential lanes




    • ???? 25% green coverage




    • ???? 2BR avg: 18,000-28,000




    • ???? Best for: Families, retirees






  3. Shah Ali Thana Area





    • ???? High police presence




    • ???? Near Mirpur-10 markets




    • ???? 2BR avg: 25,000-40,000




    • ???? Best for: Safety-conscious tenants






  4. Taltola Zone





    • ????️ Rapid redevelopment




    • ???? Ongoing infrastructure projects




    • ???? 2BR avg: 15,000-25,000




    • ???? Best for: Bargain hunters






???? Transport Reality Check




  • Metro Access: 8-12 min rickshaw to Mirpur-10 Station




  • Bus Routes: 101, 119, 131 to Motijheel




  • Ride Share: 25% cheaper than central Dhaka




  • Peak Hour Alert: 7:30-9:30 AM (Kazipara junction bottleneck)




???? Top 5 Value Buildings




  1. Green City Apartments (Block B)





    • 2012 construction




    • 2BR @ 28,000 with lift






  2. Police Plaza Homes





    • Gated community




    • 3BR @ 50,000 with parking






  3. Taltola Tower





    • New renovation




    • 1BR @ 14,500 including WiFi






  4. Kazi Manor





    • Rooftop garden




    • 2BR @ 32,000 with AC






  5. Shah Ali Residency





    • 24/7 security




    • 3BR @ 48,000 negotiable






???? Insider Renting Strategies




  1. Timing Tactics:





    • Rent during monsoon (June-Aug) for 5-8% discounts




    • Avoid December-January (peak rental season)






  2. Hidden Cost Alert:





    • Water pump maintenance: 500-1,000/month




    • Rooftop access fees: 200-500/month




    • Elevator maintenance: 300-800/month






  3. Lease Hacks:





    • Request 11-month contract to avoid registration




    • Negotiate painting allowance every 2 years






⚠️ Red Flags to Avoid




  • Buildings without occupancy certificates




  • Landlords refusing utility sub-metering




  • "No cooking" clauses in family agreements




  • Verbal contracts (always insist on written)




???? Future Outlook




  • 2025 Projection: 8-10% rent increase




  • Game Changer: Proposed Kazipara Metro Station (2026)




  • Emerging Hotspot: Taltola redevelopment zone




Mirpur-3 presents Dhaka's best price-to-convenience ratio for those willing to trade some modernity for affordability. The area is particularly ideal for:





  • Government employees working in Mirpur




  • University students (especially AIUB, IUB)




  • Mid-career professionals saving for homeownership



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