Purchasing an apartment in Bangladesh, particularly in a city like Dhaka, can be an exhilarating but daunting experience. Whether you seek a flat for sale in Dhaka, middle Badda, Uttara, or Baridhara Diplomatic Zone, knowing how it works is important. Here is a step-by-step guide to help you through the buying process of an apartment so that you can go through it hassle-free.
Step 1: Determine Your Budget and Financing Options
Before you begin looking for an apartment, determine your budget. Flat rates in Dhaka are determined by area, size, and facilities. Bashundhara, Uttara, and Baridhara Diplomatic Zone have luxury apartments, but Middle Badda and other emerging areas offer cheaper alternatives.
Apartment rate in Dhaka may be anything from BDT 3,500 to BDT 25,000 per square foot, depending on the location.
Consider a home loan from banks or financial institutions to fund your purchase and use BestBari’s interest rate comparison tool to research and compare the best interest rates in the market. Inquire with the apartment developer if they have installment payment schemes.
Step 2: Select the Right Location
Location determines convenience, accessibility, and future property value. Some of the most popular locations with available flats for sale are:
Middle Badda — Affordability with good connectivity.
Uttara — A well-planned and modern residential area.
Bashundhara — A high-end residential area with luxurious apartments.
Baridhara Diplomatic Zone — An upscale residential zone with high-end apartments.
Step 3: Hunt for Apartments and Narrow Do
When you identify a decent flat in Dhaka, the verification of legal documents should be done to stay away from future complications. Confirm the following:
The seller or developer has a clear title deed.
The apartment has correct approval from RAJUK (Rajdhani Unnayan Kartripakkha).
The building adheres to the rules of construction.
There is no legal controversy associated with the apartment.
Step 4: Negotiate the Price and Make an Offer
Dhaka flat prices are usually negotiable. Negotiate with the seller or estate agent for a reasonable price. The following can affect the price:
Market trends and demand
Size and facilities of the apartment
Neighborhood to schools, hospitals, and transport hubs
Step 5: Sign the Sale Agreement
After agreeing on a price, draft a written sale agreement. This must have:
Detailed property information
Final price and payment terms
Handover date and terms
Penalties for breach of contract
Step 6: Registration of the Property
To register the apartment lawfully, proceed with the following:
Pay taxes and fees due to the government.
Execute the deed of agreement in the presence of a lawyer.
Register in the sub-registrar’s office.
Step 7: Move In and Possession
You can take possession of your apartment after registration. Ensure that:
All repairs and amenities agreed are in position.
Utility connections (electricity, gas, water) are activated.
You get all the legal papers and receipts.
Conclusion
Purchasing an apartment in Dhaka can be easy if you are meticulous with these steps. Whether you are on the lookout for a flat sale in Bashundhara, Uttara, or Middle Badda, research and legal check are essential. Professional help from trusted property specialists like BestBari can also make the purchase smoother.
Begin your search today by visiting BestBari and turn your dream of having a flat in Dhaka into a reality!
