Buying an apartment is one of the biggest financial and emotional decisions in life. In Bangladesh, where many developers and brokers have unfortunately engaged in fraudulent practices, buyers must be especially cautious before finalizing a purchase. A single mistake or oversight can lead to serious legal, financial, or ownership complications that may affect you for a lifetime.

To help buyers make safe and informed decisions, here are the key factors to check before buying an apartment in Bangladesh:

1. Ownership & Legal Documents

• Have all land and ownership documents verified by a competent professional.
• Ensure the property is free from disputes, litigation, or encumbrances.
• If the property is mortgaged with a bank, confirm that it will be redeemed before you taking home loan/registration and handover.
• Carefully review the Deed of Agreement/Allotment Letter. Some Developers insert clauses that contradict the Bangladesh Real Estate Act, 2010. Seek expert guidance to avoid unfavorable terms.

2. Approvals & Permissions

• Confirm that the project has RAJUK/CDA approval.
• Verify the Power of Attorney granted to the developer by the landowner, and ensure the apartment you are buying falls under the developer’s allocated share.
• For completed projects, ask for the Completion Certificate/Occupancy Certificate (particularly important for leasehold land).
• If the project is more than 10 storied, has over 40 apartments, or exceeds 7,500 sqm construction area, request the Fire Safety Approval

3. Size and Specifications

• Verify the approved apartment size and total construction area as per RAJUK/CDA plans.
• Match the actual size (sft) with both the Deed of Agreement and the marketing brochure with the approved size of Rajuk/CDA
• Check the parking layout to ensure that the total number of car parking spaces allows for comfortable and convenient parking.
• Check all promised common facilities (lifts, parking, generator, utilities, etc.).
• Ensure the specifications mentioned in the brochure or Deed of Agreement are actually provided, Developers are not obliged to deliver anything beyond those commitments.

4. Financial Transparency

• Make all payments strictly through banking channels (cheque, pay order, or TT).
• Collect valid money receipts for every payment.
• Confirm that all your payments are properly recorded in the developer’s customer account records.

5. Developer’s Credibility

• Research the founder(s) and directors of the developer company.
• Check whether they have proven experience in the real estate sector and the capacity to complete projects on time.

6. For NRB (Non-Resident Bangladeshi) Buyers

• Appoint a trusted and experienced representative in Bangladesh to verify documents and oversee the process.
• If using a Power of Attorney (POA), ensure it is legally executed and properly registered.

7. Registration and Other Costs

• Clarify all additional charges upfront, including utility connections, service charges, VAT, and registration expenses.
• Avoid surprises by requesting a written breakdown of all costs.

Final Advice

Real estate is a lifetime investment. Always consult a qualified real estate expert before finalizing your purchase. A little due diligence today can save you from significant risks tomorrow.

At Amin Signature Homes Ltd., we are committed to guiding buyers, sellers, and landowners with trust, transparency, and 25+ years of expertise in the real estate sector. Whether you are a first-time buyer, an investor, or an NRB, we are here to make your real estate journey safe, simple, and rewarding.