1.0 Brief Outline of the Project
1.1 Basic Information of the Project
Address : 4/1, Pallabi, Dhaka.
Land Area : 6.30 Kathas (approx.)
Number of Building : 1 (one)
Number of Lift : 1 (one) unit
Capacity of lifting : 8 (eight) passengers
Building Height : Ground + Seven floors
The Ground floor will be opened for car parking and reception.
Number of Apartments : Total number of apartments will be 14 (fourteen), 2 (two) units in each floor.
Sizes of Apartments : 14 (fourteen) units of 1215 sft (approx.).
Duration of the Project : Total duration of the project will be 30 (thirty) months.
From the date of getting the RAJUK approval
1.2 Land ownerâ€™s consideration
The landowner will get 6 (six) apartments with 43% of total parking spaces.
Distribution of flats will be settled mutually.
Besides this the landowner will get Tk. 10,00,000/- (taka ten lca) only as Signing Money and Rent compensation in 2 (two) installments.
1.3 Financing of the project
i) ADDL will arrange the whole financing of the project from its own source.
2.0 Legal Procedure
2.1 Legal tools
i. A registered agreement will be made between the land owner and ADDL regarding all terms and conditions.
ii. A registered power of attorney shall be provided by the land owner to the ADDL to make the development and all related works.
iii. Proportionate share of undivided, undemarcated & unspecified land with Apartment will be registered directly to the buyers as per current rules & regulations.