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Sadik Hasan Khan

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Reading Time: 3 minutes You can’t transfer the ownership of leasehold property the same way you could have if it was a freehold property. In order to do that, you will need RAJUK’s sale permission first in compliance with its regulations. This is the first step in transferring the ownership of a leasehold property. And the permission letter that the seller gets from RAJUK to sell the property is basically known as the sale permission letter. In this regard, it is important to know that sale permission is required only for the leasehold property. In the case of freehold property, however, no permission is required. What properties are the leasehold property Generally, all the properties that are under the supervision of the Capital Development Authority (RAJUK), Chittagong Development Authority or CDA, Ministry of Works or Ministry of Housing and Public Works, or National Housing Authority are basically leasehold properties. And for the leasehold properties…

Reading Time: 3 minutes Everybody has a dream of owning a home in Dhaka. Numerous plans including location selection, land purchase, house design, and construction are carried out to fulfill that dream. But before you could do all that, you need approval for building construction. In that regard, RAJUK or the Capital Development Authority is the government institution overseeing all development plans in Dhaka.  One of the agency’s functions under the Ministry of Public Works is to approve building designs. So if you want to build any building in Dhaka, first you have to submit its design to RAJUK and get approval. In order to get approval for the construction of buildings, especially in Dhaka, the design of any building has to comply with the National Building Construction Rules of Bangladesh and RAJUK Building Construction Rules. if any building or part is constructed in violation of these two types of rules, then that building…

Reading Time: 3 minutes From easily accessible civic facilities to the most prominent residential amenities, the entirety of Mirpur boasts a setting that fits everyone’s needs. Moreover, while places like DOHS, Mirpur 2 Residential, and Eastern Pallabi can facilitate you with the most luxurious housing and better overall facilities and amenities, the rest of the Mirpur remains affordable to most people. Especially, people on the lookout for a new home within TK 1 crore. If you are someone with a similar need, you are in luck. Because today, we will be showcasing some of the most beautiful and affordable apartments in Mirpur under TK 1 crore. A modern 1,150 sft under-construction apartment in Manikdi, Mirpur Cantonment For people who are in search of under-construction apartments, this 1,150 sft modern flat can facilitate them with everything that they need. It features 3 bedrooms, 3 bathrooms, and 2 front-facing open balconies. This is an airy house…

Reading Time: 4 minutes Before we dive deep into the discussion on the effects of metro rail in Mirpur, it is important to understand where we are coming from. The current roadway infrastructure of Mirpur is nothing sort of a big mess. Despite being the largest area of the capital in terms of both size and population, Mirpur remained less accessible to most people living outside the area. However, during monsoon, the situation of its dysfunctional roadway system becomes more evident as it crumbles due to crippled infrastructures.  But the situation is expected to change big time following the metro rails operation (Uttara – Agargaon) which is set to begin in December 2022 and extended operation to Motijheel in 2023 same time. But what are the changes that metro rail is expected to bring? And what does the future hold for Mirpur in the wake of the metro rail operation? In this article, we…

Reading Time: 4 minutes In order to become the owner of an inherited property legally, heirs must obtain a succession certificate as proof of their inheritance. Not only does it important for establishing your legal rights over the property, it is also important if you want to divide and distribute the property among its rightful heirs. But why is it important to have it in your possession? And how can you obtain it? In this article, we will discuss everything that you need to know about a succession certificate. What is a succession certificate A succession certificate is a certificate that proves the authenticity of the inheritor of the deceased’s bank deposit, company shares, debentures, royalties, and most of all, their property. A succession certificate is usually required to prove one’s legality as the inheritor. Sections 360-369 of the Succession Act 1925 deal with the succession certificate. This Act does not specify a time…

Reading Time: 5 minutes Whether you are planning to purchase an apartment, a piece of land, or a whole building structure, or are renovating an existing property, you need to make a massive investment. That is where home loans come into play. Even people who can finance on their own feel at ease taking a home loan. This is because it is easier to pay back loans in affordable installments than to spend a huge amount of money at once. And it also puts less pressure on the borrower. The good news is the real estate sector in Bangladesh is booming and to cope with the demand, government-approved banks and financial institutions are offering different types of home loans in Bangladesh under easy conditions. That is to say, you now have many options when it comes to home loans. And it is necessary for you to understand each of them so that you can…

Reading Time: 3 minutes Banasree is an area with amazing facilities and amenities to make your life comfortable. Primarily developed with the intention to make it a fully-fledged residential area with a higher emphasis on family and community living, the neighborhood is equipped with every feature of modern lifestyle. And over time Banasree has become one of the most popular neighborhoods in Dhaka to live in, especially for families. That being said, if you too are planning to move to the area, here are some of the best 3 bedroom apartments in Banasree for you to consider. An amazing 1,400 sft apartment in Block J, South Banasree Project Looking to get an amazing apartment in Banasree? Then take a look at this 1,400 sft apartment featuring 3 bedrooms and 3 bathrooms. With the drawing and dining area right in the middle of the house, it offers the most ideal setting. The best part about…

Reading Time: 3 minutes Given that home is a basic need that everyone has and needs to be met, there is no specific time for getting a new home. Matter of fact, you might be in need of one as we speak. If that is the case, then you are in the right place. This article will help you find a home that is best suited for you. That being said, here are the top 5 best properties in March 2022. A Beautiful 1,550 SFT APARTMENT WITH A HUGE BALCONY This 1,550 sft apartment near IUB in Block C of Bachundhara R-A makes for an excellent abode to enjoy. The rooms have utilized the space quite well and the internal and external outlooks complement each other to create an appealing and comfortable setting. It is a south-facing apartment. Upon entering this apartment, you will find light reflecting tiles whereas the walls preserve their muted…

Reading Time: 3 minutes Before we begin our discussion on how to legally divide property among inheritors, we need to clarify some concepts. First of which is the Partition deed. A partition deed is prepared to legally divide the inherited property among the inheritors according to their rightful share after determining the total worth of the inherited property. However, in our country the practice of dividing the property among the inheritors orally is very common. And that is all fine and dandy until someone wants to sell or transfer their portion of the property. So to avoid this unnecessary hassle, you need to prepare a partition deed. With that being said, here is everything you need to know about the legal process, registration fees, and other duties of the Partition deed. Regarding the inherited family property, all the heirs can divide their share among themselves if they wish. Also, if one person wants to…

Reading Time: 4 minutes Who doesn’t have a dream of building a house of their own? But in a costly city like Dhaka, it is not possible for everyone to buy land and build a house for high land value. That is why most people opt to buy flats as it is a more affordable option. But as simple as it may seem, purchasing a flat is not that straightforward. Before buying a flat, you must know the location of the flat, its type as well as the legal steps required to close the deal. If you do not have a sound knowledge of the legal steps before buying an apartment, dishonest sellers can dupe you and take advantage of your ignorance. That is why in today’s article we will discuss everything you need to know about the legal steps before buying an apartment. Document Verification The first step is to check these essential…