Questions
What landowners and buyers ask us
The questions that come up in almost every first conversation — what is approved and by whom, what the price does and does not cover, how a joint venture is split, and what happens once the keys are handed over.
Are your projects approved by RAJUK?
Every building project needs a plan approval from the authority that governs its site — RAJUK within its Dhaka jurisdiction, and the local development authority or municipality elsewhere — and the Real Estate Development and Management Act 2010 requires the developer to show buyers that approval. Ask us for the approval reference number and date of the project you are considering, and check it with the authority before you book.
Who handles RAJUK approvals and local municipality clearances?
Bhabon Holdings handles the approvals and clearances itself — the RAJUK layout approval, setback verification, occupancy certificates and fire safety clearances — so landowners and buyers do not have to deal with the authorities directly. We work strictly to local building codes to keep approvals from delaying the project.
What documents can buyers review before booking?
Before booking, buyers can review the full legal file for a Bhabon Holdings project: the plan approval letter (RAJUK's, for projects in Dhaka), the land deeds, mutation certificates, the Irrevocable General Power of Attorney (IGPA) deed, and the Joint Venture Agreement (JVA) where the land comes through a joint venture.
How does the Real Estate Development and Management Act protect buyers?
The Real Estate Development and Management Act 2010 gives flat buyers several protections. Among them: the developer must show buyers the approval and the land ownership documents (section 6(4)); it may not change an allotted flat without the buyer's consent (section 8(3)) or take more money than the agreement provides (section 8(4)); it must hand over possession and complete the deed and registration within three months of full payment (section 9(1)); and it must repair construction defects at its own cost for at least two years after handover (section 11(2)(c)). The full Act is published on bdlaws.minlaw.gov.bd; ask your own advocate how it applies to your agreement.
What is included in the advertised price per square foot?
The advertised price per square foot at Bhabon Holdings covers the apartment unit itself and its proportionate share of the land. Car parking, utility connections, VAT and registration are charged separately, so ask for those figures alongside the price per square foot when comparing offers.
What costs are added on top of the price per square foot?
On top of the price per square foot, Bhabon Holdings buyers pay separately for car parking, utility connections (electricity, water, and gas or LPG), VAT, and property registration. Add these to the unit price when working out what an apartment will cost in full.
What standard payment structures do you offer?
Bhabon Holdings works on a booking money down payment followed by instalments, paid either monthly or linked to construction progress — tied to stages such as the foundation, floor casting, brickwork and finishing — so buyers pay in step with the building as it rises.
Do you assist with bank loans or financing?
We can give your bank the project documents it normally asks for when you apply for a home loan. The loan itself is between you and your bank or financial institution, and the approval, amount and terms are the lender's decision.
What happens if the project handover is delayed?
Under section 15 of the Real Estate Development and Management Act 2010, if the developer does not hand over the flat within the time set in the agreement, it must refund everything the buyer has paid, together with compensation at the rate the agreement sets — or 15% of the amount paid where the agreement sets no rate — within six months. If buyer and developer agree in writing to extend the handover date, compensation is still payable. Check the delay clause in your own agreement, and ask your own advocate if anything is unclear.
Can buyers customize their apartment layouts?
Yes, within limits: Bhabon Holdings permits minor internal layout tweaks and material upgrades during the early structural phases of construction, before the work they affect is built. Raise any change you want as early as possible, because the window closes as construction moves on.
Can buyers monitor construction progress?
Yes. Buyers and landowners can ask us to arrange a site visit at any stage of construction, and can ask for progress photos of their building.
What materials do you use for structural construction?
The steel grade, cement type, bricks, and sanitary and electrical fittings can differ from one project to the next, so the answer depends on the building. Ask us for the specification sheet of the project you are considering.
What is the standard signing money for landowners?
There is no fixed standard: Bhabon Holdings sets the signing money for each plot after evaluating its commercial potential, and the amount varies widely by location. A free feasibility study of the plot is the way to get a figure for yours.
How is the ratio divided between the landowner and developer?
The split between landowner and developer typically runs from 50:50 to 60:40 in favor of the developer, and covers apartments and parking alike. Where a particular plot lands depends on land value, location prestige, plot size, road width, and the total buildable area allowed by RAJUK FAR (Floor Area Ratio) rules. We stay flexible on the ratio: the aim is the structure that is most profitable for both sides, not a fixed formula. Bhabon Holdings conducts a free feasibility study to offer the exact optimum ratio for your plot.
Do you provide alternative accommodation during construction?
Whether the developer pays the landowner a rental allowance while the old building is demolished and the new one is built is agreed plot by plot and written into the joint venture agreement. Ask us what we would offer for your plot, and make sure the amount, the start date and the end date are written into the agreement.
Who manages the building after handover?
The Real Estate Development and Management Act 2010 requires the developer to maintain the building for at least one year after handover, on the terms of the agreement, and to repair construction defects at its own cost for at least two years from handover. After that, the owners usually run the building through an owners' association. The arrangement for each project is set out in its agreement.
What amenities are standard in your projects?
Most Bhabon Holdings projects include a standby generator, a community hall, a rooftop barbecue zone, intercom systems and 24/7 CCTV security; the exact list depends on the project.
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