Investment opportunity of undisclosed money realistic: REHAB

Reported By: ST Report Posting Time: 2024-06-09 20:38:57 Catagory: Bank
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Investment opportunity of undisclosed money realistic: REHAB

Real Estate and Housing Association of Bangladesh (REHAB) today welcomed the proposed budget for the upcoming 2024-25 fiscal and observed that the decision of giving opportunity to invest the undisclosed money is "realistic and time-befitting" .
"Mainstream economy of the country will become more dynamic with undisclosed money invested in the housing sector," said REHAB President Md Wahiduzzaman at a media briefing at the Centre on Integrated Rural Development for Asia and the Pacific (CIRDAP) auditorium in the city.
He also proposed reducing the registration fee for lands and flats to 7 percent from the existing 22 percent. However, the fees were proposed in the upcoming budget to 30 percent.