Buying a flat in Dhaka requires planning, research, and legal verification. Start by deciding on your budget, size of the flat, and location among Gulshan, Banani, Dhanmondi, Baridhara, or Bashundhara where you want to live. Reduce risk by choosing a reputed developer company like Angan Properties Ltd. Never judge a book by its cover-visit the flat before making any decision regarding purchasing it to check on construction quality as well as layout plan and environment.
Check all the legal papers very well next. This shall include RAJUK approval, ownership paper, and NOC. See that everything is valid and up to date. Follow the proper payment process, register the property, and obtain the title deed. Always check amenities, safety, and long-term investment potential. This way, to buy flats safely that suit their lifestyle and investment objectives.
Key Takeaways
- Decide your budget, flat size, and preferred location before starting your search.
- Choose reputable developers with a proven track record, like Angan properties ltd.
- Focus on prime neighborhoods such as Gulshan, Banani, Dhanmondi, Baridhara, and Bashundhara.
- Always inspect the flat and check construction quality, amenities, and layout.
- Verify all legal documents: ownership papers, RAJUK approvals, SPAs, and NOCs.
- Follow a safe payment process with proper documentation and bank transfers.
- Complete registration at the Sub-Registry Office and obtain the official title deed.
- Consider long-term investment potential, safety, and maintenance before finalizing.
This guide walks you through each step in detail—from budgeting to legal processes—so you can buy a flat safely and confidently.
1. Decide Your Budget and Requirements
Before you start searching for flats, it’s crucial to have a clear understanding of your financial capacity and lifestyle needs:
- Budget: Add up the flat price, registration & stamp duty fees, VAT, utility connections, and maintenance charges. For a 2BHK luxury flat in Banani or Gulshan it might be between BDT 1.5-2.5 crore whereas for a mid-range apartment in Bashundhara it could be between BDT 80-120 lakh
- Flat Size: Decide the number of bedrooms and floor area. Flats typically range from 1,000 sq ft (1BHK) to 3,500+ sq ft (penthouse or duplex).
- Type of Property: Choose between ready-to-move-in flats (immediate possession) or under-construction projects (usually delivered in 1–3 years).
- Lifestyle Needs: Consider facilities like gym, swimming pool, security, parking, and proximity to schools or workplaces.
Tip: Set aside 5–10% extra budget for unexpected expenses such as interior design or utility connection fees.
2. Research Reputable Developers
Working with a trusted developer is key to avoiding legal disputes and construction delays. Look for:
- Track Record: Developers with completed projects and positive customer reviews.
- Legal Compliance: Projects approved by RAJUK or other local authorities.
- Reputation: Developers known for timely delivery, quality construction, and after-sales support.
3. Top Developer in Dhaka
Angan Properties Ltd. develops family-oriented modern apartments in Dhaka with quality construction, well-planned layouts, and premium facilities. It offers safe neighborhoods, contemporary architecture, and projects that can be of interest to both categories of end-users, homeowners, as well as investors.
4. Choose the Right Location
Location directly impacts your lifestyle and property value. Consider the following:
- Neighborhood Safety & Environment: Areas like Gulshan, Banani, Baridhara, and Dhanmondi are safer and more organized.
- Accessibility: Check proximity to major roads, public transport, schools, hospitals, and shopping centers.
- Future Development: Upcoming metro lines, road expansion, or business hubs can increase property value over time.
Popular Areas for Flats in Dhaka:
- Gulshan & Banani: Elite neighborhoods with premium facilities, ideal for professionals and diplomats.
- Dhanmondi: Blend of tradition and modern living, lakes, parks, and cultural spots.
- Baridhara: Tranquil, secure, and diplomatic residential zone.
- Bashundhara Residential Area: Planned township with wide roads, parks, and family-friendly developments.
Tip: Visit the area at different times of the day to check traffic, noise, and neighborhood environment.
5. Check Legal Documentation
Ensuring the legal status of the property protects you from future disputes. Key documents to verify:
- Ownership Documents: Ensure the land or project title is clear.
- RAJUK Approval: Projects must have development approval from RAJUK or relevant authorities.
- Sale and Purchase Agreement (SPA): Check terms, payment schedules, possession date, and penalties.
- No Objection Certificate (NOC): Required for under-construction projects.
- Encumbrance Certificate: Confirms there are no legal claims or disputes on the property.
Tip: Always consult a legal advisor before signing agreements. Never rely solely on verbal commitments.
6. Visit the Flat and Inspect
Never buy a flat without physically inspecting the property:
- Construction Quality: Check walls, floors, windows, doors, and water systems.
- Floor Plan & Layout: Ensure the flat meets your requirements, natural lighting, and ventilation.
- Amenities: Verify functional elevators, security systems, parking, recreational facilities, and common areas.
- Talk to Residents: If possible, speak with existing residents for feedback on management and maintenance.
Tip: Take photos or videos during inspection for reference.
7. Payment Process
Understand the payment structure to avoid future complications:
- Booking Amount: Usually 5–10% of the total flat price.
- Installments: For under-construction flats, pay according to the developer’s schedule (e.g., monthly or quarterly).
- Final Payment: Paid upon possession for ready-to-move-in flats.
Tip: Always pay through bank transfer for record-keeping and security. Avoid cash payments.
8. Registration and Transfer
Once payments are complete:
- Register the Property: Visit the Sub-Registry Office in Dhaka to officially register the flat.
- Pay Fees: Stamp duty, registration fees, and VAT (usually 4–5% of property value).
- Obtain Title Deed: Ensure the deed is in your name and stored safely.
Tip: Use a legal consultant or property lawyer for the registration process to avoid mistakes.
9. Additional Tips for Buyers
- Avoid Black-Market Deals: Only deal with verified developers or agents.
- Long-Term Investment: Consider resale potential and neighborhood growth.
- Maintenance & Amenities: Check monthly maintenance fees and services.
- Negotiation: Prices can sometimes be negotiated, especially in ready-to-move-in projects.
- Research Market Trends: Track property rates in preferred areas to make informed decisions.
FAQs:
1. What is the first step to buying a flat in Dhaka?
Begin by defining the amount you wish to spend, what size of flat you want, and where exactly you would like it to be located. Consider your lifestyle needs, the amenities in proximity, and if you want a ready-to-move-in property or under-construction property.
2. Which areas in Dhaka are best for buying a flat?
Popular areas include Gulshan, Banani, Dhanmondi, Baridhara, and Bashundhara Residential Area, known for safety, connectivity, and modern amenities.
3. How do I choose a reliable real estate developer in Dhaka?
Choose Angan Properties Ltd., a trusted developer with a strong track record of completed projects, modern designs, and timely delivery.
4. What legal documents should I check before buying?
Ensure you verify ownership papers, Sale & Purchase Agreement (SPA), RAJUK approvals, No Objection Certificate (NOC), and encumbrance certificates to avoid disputes.
5. Can NRBs (Non-Resident Bangladeshis) buy flats in Dhaka?
Yes, NRBs can buy property in Bangladesh, but they must comply with Bangladesh Bank regulations and legal property documentation.
6. Should I buy a ready-to-move-in flat or an under-construction flat?
- Ready-to-move-in flats: Immediate possession but limited customization.
- Under-construction flats by Angan: May offer flexible payment schedules and modern designs but require patience for completion.
7. How is the payment process for flats in Dhaka?
Payments usually include a booking amount (5–10%), installment payments for under-construction flats, and final payment upon possession. Always pay through bank transfers for safety.
8. What is the registration process for a flat in Dhaka?
Register the property at the Sub-Registry Office, pay stamp duty and registration fees (usually 4–5% of property value), and obtain the title deed in your name.
9. What amenities should I check before buying a flat?
Check for 24/7 security, elevators, parking, gym, swimming pool, water supply, and smart home features. Angan Properties Ltd. ensures these amenities are standard in their projects.
10. How can I ensure my flat is a good investment?
Consider location, developer reputation (Angan Properties Ltd.), future neighborhood growth, resale potential, and property demand. Prime areas like Gulshan, Banani, and Baridhara usually offer higher long-term value.
Conclusion
Purchasing an apartment in Dhaka should be well- planned, researched, and legally verified. Through the choice of a good developer, location, documentation process and payment procedure, you will be able to own an apartment that matches your lifestyle as well as your investment objectives.
A luxury apartment in Gulshan, a modern flat in Bashundhara, or a family-friendly home in Dhanmondi͏͏- this guide shares how one can be smart, safe, and smooth while purchasing property in Dhaka.
