Introduction
Buying an apartment in Dhaka is a major milestone—whether it’s your first home, an investment, or an upgrade to a better lifestyle. With the city’s ever-growing population, rising property prices, and a wide range of options, purchasing the right apartment requires careful planning and decision-making. In this step-by-step guide, we’ll walk you through the process of buying an apartment in Dhaka—from research to registration—so you can move forward with confidence.
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Step 1: Set Your Budget
Before diving into the property search, determine how much you can afford. Consider your savings, monthly income, and whether you’ll need a home loan. Don’t forget to account for additional costs such as registration fees, taxes, interior work, and utility connections.
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Step 2: Choose the Right Location
Dhaka offers a range of neighborhoods, each catering to different lifestyles and budgets. For example:
- Luxury buyers: Gulshan, Banani, Baridhara
- Mid-range buyers: Bashundhara, Uttara, Mirpur
- Affordable buyers: Jatrabari, Badda, Keraniganj
Consider proximity to schools, hospitals, work, and transportation while selecting the location.
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Step 3: Select a Reliable Developer
Always buy from a trusted and registered developer with a strong reputation in the market. Research past projects, client reviews, and timely delivery history. This reduces the risk of delays, legal complications, or poor construction quality.
Look for developers registered with REHAB (Real Estate & Housing Association of Bangladesh).
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Step 4: Verify Legal Documents
Once you shortlist an apartment, thoroughly check all legal documents:
- Land ownership papers
- RAJUK/NHA approval
- Building plan approval
- Deed of agreement
- Tax and holding number clearance
It’s recommended to hire a property lawyer to verify all documents to avoid future disputes.
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Step 5: Visit the Site & Inspect the Property
Physically visit the project site. Check:
- Quality of construction
- Available amenities (elevator, parking, generator, etc.)
- Safety measures
- Road access and drainage
If the apartment is under construction, ask for a detailed floor plan and progress updates.
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Step 6: Finalize the Agreement
Once you’re satisfied, sign the Booking Agreement by paying a token amount (usually 10-20%). The next step is the Deed of Agreement, which outlines payment terms, possession date, and penalties for delay.
Make sure the agreement is notarized and stamped properly.
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Step 7: Arrange Financing (If Needed)
If you’re taking a home loan, approach a bank or housing finance company. Popular banks offering home loans in Dhaka include:
- BRAC Bank
- Dutch-Bangla Bank
- Islami Bank
- City Bank
They will require income proof, property papers, and down payment confirmation before approving the loan.
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Step 8: Pay in Installments (if Applicable)
Many developers offer flexible payment plans linked to construction milestones. Stick to the schedule to avoid penalties and ensure smooth handover.
Always get receipts for every payment you make.
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Step 9: Take Possession & Do Final Checks
Before taking final possession:
- Inspect the apartment thoroughly for finishing work, leaks, paint quality, etc.
- Confirm utility connections (water, gas, electricity).
- Collect all relevant documents including the handover certificate.
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Step 10: Register the Apartment in Your Name
Registering the property at the sub-registrar office legally transfers ownership to you. This involves:
- Paying registration fees (approx. 10-12% of property value)
- Submitting stamp duty, deed, and Khatian documents
This step is crucial for legal ownership and future resale.
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Conclusion
Buying an apartment in Dhaka doesn’t have to be stressful if you follow a structured approach. By setting a budget, choosing the right location and developer, verifying documents, and handling legalities properly, you can secure a safe and rewarding investment. Whether you’re buying to live or to invest, Dhaka offers a wide range of options for every budget and lifestyle.
