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Reading Time: 3 minutes Depending on the exchange process, a property’s ownership can be exchanged through different types of deeds in real estate. For instance, if someone wants to sell their property to another person or organization, they have to prepare a saf-kabla deed and register accordingly. Likewise, if someone wants to donate their property to a person or an organization, they are legally required to prepare a document called Deed of Gift. However, there are certain fees associated with every kind of deed. And the Deed of Gift is no exception. In this article, we will discuss everything from the registration fee of the Deed of Gift to other important things. Deed of Gift On the whole, a Deed of Gift is a legal documentation of an agreement between a donor and a recipient where the donor voluntarily transfers the ownership of the property to the recipient without the expectation of getting anything…

Reading Time: 3 minutes When it comes to investing your hard-earned money into something, there are a lot of factors to consider. Investing in anything without thinking about the risks, cash flow, benefits, security, and reliability is not a clever idea at all. But when you take all these factors into consideration, there is hardly any sector that is more secure, reliable, and profitable than the housing market. There are plenty of reasons to invest in real estate but we will discuss some of them. Guarantee of cash flow Cash flow is the net income generated from a real estate investment after the mortgage payment and operating expenses have been made. Generating a steady flow of cash is one of the most important aspects of any type of investment. And real estate guarantees that. After paying up a mortgage or loan (if you have any), cash flow increases over time. Of all the reasons…

Reading Time: 4 minutes Power outages are still a common phenomenon in both city and rural life in Bangladesh. So homeowners of Dhaka city shifted towards using solar panels in Dhaka to find a proper alternative for fulfilling their electricity needs. But to use solar electricity properly, the instalment of solar panels is not the end of the story. Proper maintenance is the key factor to utilize the solar panels within their largest scale of usability. Let’s look at some of the possible reasons for the lack of proper usage of solar panels in Dhaka and how it could benefit us upon its proper usage. Improvement of power supply from the national grid Although most homeowners shifted towards using solar panels in Dhaka as their backup source of electricity, in recent times, the supply of electricity from the power grid has vastly improved, deeming the necessity of power supply from solar panels unnecessary. Also,…

Reading Time: 5 minutes The architectural design and materials used in building the roof of a home inflict a structural and visual difference. Modern designs of roofs mainly consist of tilted roof designs as well as futuristic designs. Flat roofs have been the popular rooftop architecture choice in the last couple of decades for architects and engineers, but with the change in trends, other rooftop designs are becoming popular. These are the intermix of vintage western designs as well as futuristic trends.  In this blog, we will be discussing those new rooftop architecture designs which are basically a mix and match of classicist and future. Impact of rooftop architecture on a real estate property Rooftop architecture can also have a major impact on the overall property value in the real estate market. Also having a proper rooftop has become a vital feature rather than a luxury in this time of the pandemic. As going…

Reading Time: 5 minutes Building a house is one of the most important decisions that most people will make in their lives. That’s why it’s only natural for them to become a bit vigilant when it comes to choosing construction materials. Because the rigidity and the longevity of a building largely depend on the materials used in the construction. In order to choose the right material for your house, it is important to have some knowledge about them. To that end, we have started a series called building construction material. In each part of the series, we will discuss different types of construction material, their properties and other important things. Having that said, today we will be discussing everything about cement in building construction. Before buying cement In construction, cement is used to create composite materials like reinforced concrete and to bind other building materials such as rebar, brick, tile and sometimes wood. Since…

Reading Time: 5 minutes The existence of roads and their conditions are often considered as one of the key indicators of an area’s development and growth. Collectively not only do they function as a super network for stimulating economic development, but they also enable us to enjoy a multitude of social benefits and services. In that sense, the better the road in an area, the more developed the area is. This holds for most areas in the world. And Chattogram is no different. Being the second-largest city in Bangladesh, Chattogram is considered one of the better-developed areas in the country. The credit of which goes mostly to the roads encompassing all the major areas in Chattogram. In this article, we will take a look at some of the major roads in Chattogram and discuss what made them so important. Sheikh Mujib Rd Being connected to some of the most important areas in Chattogram, Sheikh…

Reading Time: 4 minutes There are many who are shifting to new homes or new areas. Many are choosing their own convenient area. Some may have a home near the office and some may have a university. But these are personal reasons, without them how does one understand which area is actually ideal for a living? It may not be that you have to choose just to have a home of your choice. Many people shift as soon as they get an apartment within their means and after a few days, they feel that there are no other facilities in this area! Many can’t even adapt to the area. Getting up in a new house and changing it again is a huge problem. Then you may have to stay in an unaccompanied area. The decision to relocate is not an easy one. Before making such a decision, the area you want to shift to…

Reading Time: 4 minutes Building’s evacuation plan is an essential part of a building plan especially in cases of high raised buildings or skyscrapers. As opposed to five to ten-story buildings, skyscrapers usually contain a vast number of occupants making the evacuation process much more complicated and time-consuming at the time of emergencies. So let’s discuss the key components of the building’s evacuation plan. Warning system The building management should keep in mind after ensuring the evacuation route of a building is to make sure that an early warning system is in place in the form of an alarm or voice machine. The finest evacuation routes of a building may prove useless if the occupants of the building are not informed of the immediate threat or hazard within the early stage. It will definitely be time-consuming to ensure the safe exit of thousands of occupants of a high-rise building. So early caution is the…

Reading Time: 3 minutes Mutation, in real estate, refers to the process of replacing the previous owner’s name with the new owner’s name in the Khatiyan during transferring the ownership of land. And Mutation-Khatiyuan or Naamjari is the legally upheld document or a byproduct of this process. It is one of the most important steps in establishing the proprietary right of ownership. Without this, the previous owner will still be able to sell the land if he/she wants to. So this must be prepared correctly during the ownership transfer process. There are two ways to apply for a Mutation-Khatiyan/Naamjari. One, head to the AC (assistant commissioner’s) Land office and go through the hectic process by yourself. Or, two, visit mutation.land.gov.bd and apply from the comforts of your home. Here is an infographic of the Mutation-Khatiyan/Naamjari application online. Step-by-Step Process 1. Visit the online Mutation-Khatiyan/Naamjari application website. There you will see a lot of fields…

Reading Time: 4 minutes The housing market in Dhaka And Chattogram is not only different but also very interesting, to say the least. There are multiple reasons as to why it is so different but one of the most interesting reasons has to be the demographics. This is simply because it changes with time. People buying or investing in real estate 15 years ago didn’t have to follow the similar trend that we follow today. Also, different areas pursue different views and trends when it comes to real estate. Chattogram and Dhaka, for example, are two of the largest cities in Bangladesh but the demographic is different in respect to lifestyle, income, needs, views, and beliefs. And these factors actively impact the real estate market in any area. In the following, we will take a closer look at the real estate scenario of Chattogram and Dhaka in 20-21 and analyze their housing market. This…