Terms & Condition

1. It is a ‘first come first serve’ allotment system.
2. Application must be made using the ALDL’s prescribed form and attach two passport-sized photographs along with booking money @ Tk. 20,000/- per Katha.
3. For Ready Plots, full price of the Plot must be paid at-a-time.
4. Prices of the Plots are shown in the respective Price List. However, depending on circumstances, ALDL reserves the right to change the Price List at its discretion.
5. ALDL will conclude a Deed of Allotment with the Allottee after payment of full price in case of at-a-time payment and after payment of 30% Down Payment in case of purchase on installment basis.
6. All payments must be made through Cheque/Bank Draft/Pay Order in favour of Ashiyan Lands Development Ltd. However, the Booking Money should be paid in cash.
7. Non-resident Bangladeshis can pay in foreign currency equivalent to BDT through Bank Draft/TT.
8. In case of purchase by installment, Down Payment @ 30% of the total price minus the Booking Money to be paid within one month from the booking date and rest amount must be paid in installments as prescribed in the Price List.
9. Utility Services like Water & Sewerage, Electricity, and Gas etc will be provided in the Project by the concerned authorities under the supervision and coordination of ALDL. Total expense for the Utility Services will be divided by the total number of Kathas in the Project. Accordingly, each Allottee will be required to bear the expense per Katha as decided by ALDL.
10. Plots will be physically handed over to the respective Allottees once it is ready along with the Boundary Walls and full price of the Plot has been realized. However, before handing over of the Plot (s) the Allottee will be required to pay ALDL the cost for Registration, Boundary Walls and the Utility Services. Registration will be done after the physical handover of the Plot (s).
11. For Registration and Transfer of the Plot (s), the respective Allottee will bear expenses for Stamp Duty, Registration Fee, VAT, Documentation Charge, miscellaneous charge etc.
12. In case of any increase/decrease of Plot measurement, the price of the concerned Plot will be adjusted during its registration.
13. After payment of Booking Money and allotment of Plot if any Customer wants to cancel the Allotment then he/she must apply in writing. In such case the total amount of Booking Money and 10% of the deposited amount (Down Payment and Installments) will be deducted and rest amount will be refunded as per the Company’s Rules & Regulations.
14. Allotted plot must be used for the purpose as stated in the Deed of Allotment and the development works on the Plot must be done as per the rules of RAJUK.
15. Company maintains the handover schedule very carefully. However, If there is delay due to any unavoidable circumstances like natural calamity or political situation etc, the valued customer will kindly accept the inconvenience.