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Kawran Bazar Shopping Complex, situated in Tejgaon Thana near Farmgate in central Dhaka, operates as a vital wholesale marketplace covering about 24 bighas of land under Dhaka North City Corporation management. Dating back to the late 18th century, it features 1,789 permanent shops and 180 temporary stalls focused on commodities like vegetables, fish, rice, and agricultural products sourced nationwide.

Daily transactions reach approximately 50 million taka, underscoring its role as one of South Asias largest wholesale hubs. The tenant mix emphasizes wholesale traders, exporters targeting Middle Eastern markets, and basic retail vendors, with surrounding areas hosting media offices, government entities, and the Pan Pacific Sonargaon Hotel. Footfall surges during nighttime loading from trucks, peaking with thousands of traders and suppliers, though extreme congestion hampers smooth access via Panthapath and Kazi Nazrul Islam Avenue.

Occupancy is consistently high at near 100 percent due to its indispensable supply chain position.

Rent levels remain affordable, often below modern mall rates at around 20-50 taka per square foot monthly for basic spaces, suiting budget-oriented operations. However, traditional infrastructure lacks air-conditioning, escalators, or security typical of upscale retail. Proximity to Bashundhara City Mall provides potential cross-traffic, but intense competition from nearby markets like New Market and ongoing relocation discussions due to pollution and urban planning pose leasing risks.

Market factors include a saturated wholesale sector with limited growth in branded or leisure retail, influenced by Dhakas expanding population of over 20 million and shifting consumer preferences toward organized shopping centers.

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

Kawran Bazar Road, Dhaka, Bangladesh

Insights

Footfall and Accessibility

Kawran Bazar experiences substantial footfall, estimated at tens of thousands daily, primarily from wholesalers and suppliers arriving via trucks from rural areas, with peak activity from midnight to early morning for goods unloading. Accessibility benefits from its central location near major intersections like Farmgate, served by buses, rickshaws, and upcoming MRT lines, but severe traffic jams and narrow roads reduce efficiency, often extending travel times by 30-50 percent during rush hours. This high volume supports robust sales potential for commodity traders yet challenges retail visibility and customer dwell time in a chaotic environment.

Tenant Mix and Competition

The tenant mix is dominated by wholesale outlets for perishables and staples, comprising over 80 percent of spaces, with minimal presence of fashion, electronics, or dining anchors that drive modern retail synergy. Competition arises from adjacent markets such as Gulistan Market and emerging supermarkets like Agora, which offer cleaner, more organized alternatives, potentially diverting mid-tier retail traffic. While low rents encourage entry for niche wholesalers, saturation in food categories limits expansion opportunities, with occupancy sustained by essential trade rather than discretionary spending.

Demographics and Operational Risks

Serving a broad demographic of low-to-middle income traders, exporters, and urban laborers aged 25-55, the complex draws from Dhakas dense population exceeding 20 million, with strong appeal to B2B transactions over consumer retail. Operational challenges include aging infrastructure with poor maintenance, frequent power outages, and hygiene issues in wet markets, elevating risks for premium tenants. Market reports highlight pollution and congestion as key drawbacks, alongside government relocation proposals since the 1990s, which could disrupt long-term leasing stability despite current high occupancy.

Building Details

Property Type
Retail
Gross Leasable Area
50,000
Parking Spaces
Street parking
Average Monthly Footfall
1,500,000
Owner
Dhaka North City Corporation
Anchor Tenants
Fruit Wholesale Market, Vegetable Market, Fish Market

Detailed Market Analytics

Primary Catchment Area
5 km Radius
Secondary Catchment Area
20 km Radius
Catchment area population
500,000 People
Population growth rate
1.1 %
Median age
28 Years
Household size
4.5 Persons
Education level (tertiary)
15.0 %

Median household income
30,000 BDT/month
Unemployment rate
5.0 %
Cost of living index
40 Index (NY=100)

Retail spending per capita
600 USD/year
Spending on apparel
150 USD/year
Spending on groceries
300 USD/year
Spending on electronics
100 USD/year

Annual foot traffic
18,000,000 Visitors/year
Dwell time
30 Minutes
Conversion rate
70.0 %
Sales per square meter
5,000 BDT/sqm/year

Number of retail stores
200 Stores
Anchor tenant presence
Yes
Competitor density (same category)
High
Tenant diversity
Medium
Unique Concepts
Traditional wholesale

Gross Leasable Area
50,000 sqm
Number of Levels
2 Levels
Average rent per square meter
500 BDT/sqm/month
Vacancy rate
10.0 %
Lease term flexibility
High
Available retail space
5,000 sqm

Proximity to main roads
Direct
Public transport access
Excellent
Parking spaces
Limited
Pedestrian traffic
Very High

E-commerce competition
Medium
Click-and-collect adoption
Low
Internet penetration
70.0 %

Retail crime rate
Moderate
Security measures
Basic patrols

Promotional events
Seasonal
Loyalty program penetration
Low
Digital signage presence
Low

Projected foot traffic growth
2.0 %
New tenant pipeline
Ongoing
Mall expansion plans
Redevelopment
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