Feb 22
Real-Estate& Infrastructure
Realtors frustrated by new budget; They say none of their demands was met PDF Print E-mail

Realtors yesterday expressed disappointment saying none of their demands was met in the proposed budget for the upcoming fiscal year.

“We are embarrassed as none of our 13 proposals made through the FBCCI was considered,” Alamgir Shamsul Alamin, president of the Real Estate & Housing Association of Bangladesh (REHAB), told reporters at a post-budget briefing at Sonargaon Hotel in the capital.

The association, which represents 1,151 developers, also said they may not participate in pre-budget discussion with the National Board of Revenue in future as their demands went unheeded.

The REHAB's concern came a day after the Federation of Bangladesh Chambers of Commerce and Industry said they could stay away from future pre-budget consultation with the NBR after 394 out of its 447 recommendations were ignored.