How to Buy a Flat in Dhaka: A Complete Step-by-Step Guide for Homebuyers
Thinking about buying a flat in Dhaka? Whether you’re a first-time buyer or looking to invest, purchasing an apartment in Dhaka can be exciting—but also a bit overwhelming. From understanding the property market to handling legal paperwork, there are many things to consider.
This detailed guide will walk you through every step of buying a flat in Dhaka in the simplest way possible. Let’s make your flat-buying journey smooth, secure, and stress-free.
1. Overview of Dhaka’s Real Estate Market
Dhaka’s property market is fast-growing with options for every budget. Whether you’re looking for luxury apartments in Gulshan or affordable flats in Mirpur or Badda, the city offers something for everyone.
Keep an eye on areas with new infrastructure projects, good road connectivity, or rising demand. Browse real estate websites, visit local property expos, and follow market trends for better decision-making.
2. Setting a Realistic Budget
Your budget is the first and most important step. Include the flat price, registration cost, utility fees, taxes, and hidden charges.
Plan your finances smartly—use savings, or explore home loan options from banks or financial institutions in Bangladesh.
3. Choosing the Right Location
Where you live matters. Popular areas in Dhaka include:
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High-end: Gulshan, Banani, Baridhara
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Mid-range: Uttara, Mirpur, Badda, Mohammadpur
Look for areas close to schools, offices, hospitals, and transport hubs. A good location adds value to your investment and convenience to your lifestyle.
4. Finding Trusted Developers and Projects
Choose real estate developers with a good reputation. Check their completed projects, customer feedback, and delivery record. Visit under-construction sites to assess building quality.
Check if the project is approved by RAJUK or relevant authorities before booking.
5. Doing Legal Checks Before You Buy
Before paying any money, check if the project follows all legal and zoning rules. Make sure the land and building have valid approvals, and that the developer has no legal disputes.
6. Verifying Property Ownership and Papers
Ask for original property documents like:
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Ownership deed
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Mutation records
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Up-to-date tax receipts
Cross-verify these with the local land office or relevant authority to confirm no ongoing disputes or legal issues.
7. Understanding Sale Deed vs. Title Deed
The Sale Deed is the document that confirms the transfer of ownership. The Title Deed shows the seller legally owns the property.
Both documents should be reviewed by a lawyer to make sure the flat is being sold legally.
8. Signing a Legal Sale Agreement
Once everything looks good, sign the Sale Agreement. It should mention:
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Agreed price
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Payment schedule
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Flat handover timeline
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Penalty clauses for delays
Keep a signed copy for your records.
9. Arranging Home Loan or Financing
If you need financing, apply for a home loan. Compare offers from multiple banks in Bangladesh. Prepare documents like:
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NID/Birth certificate
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Income proof
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Property papers
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Bank statements
Check the interest rate, repayment period, and loan processing fee.
10. Applying for Mutation and Khatiyan
Mutation updates your name as the legal owner in government records.
The Khatiyan (Record of Rights) confirms ownership under land laws. Complete both processes to legally transfer the flat to your name.
11. Paying Taxes and Legal Charges
You’ll need to pay:
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Stamp duty
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Registration charges
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Advance income tax (AIT)
Consult a tax advisor to understand exact costs. Keep all receipts safe for future use or legal reference.
12. Registering Your Flat Legally
Registration is a must in Bangladesh. Submit all necessary papers to the Sub-Registrar Office, including:
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Sale deed
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Tax receipts
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Buyer and seller IDs
Once approved, you’ll receive a Registration Certificate as legal proof of ownership.
13. Checking Utilities and Facilities
Before moving in, ensure essential services are connected:
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Electricity
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Water supply
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Gas connection
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Internet (optional)
Also, check amenities promised by the builder like elevators, parking, CCTV, etc.
14. Consulting with a Real Estate Lawyer
A property lawyer can save you from future trouble. They will:
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Review legal documents
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Ensure all due diligence is done
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Help draft or verify final agreements
Spending a little now on legal help can save you a lot later.
15. Final Step: Moving Into Your New Home
After registration and utility setup, you’re ready to move in! Hire movers, inform your utility providers, and make your flat feel like home.
Buying a flat in Dhaka is a big step, but with careful planning and legal clarity, you can make a smart and secure investment.
