Satellite City/town in Bangladesh

OVER VEW ON UTTARAN PROJECT
More then ten million people live in Dhaka at present. Everyone wants to have a home in luxurious residential area in Dhaka city and also wants to live in the natural environment with develop communication system and advance social facilities. By 2025 may population exceed two core majority of whose have no residence of themselves. By synchronizing will all these hindrances, requirements, comforts & buying pattern of this large population. Uttaran Properties Ltd. has build up their “Uttaran Satellite City”. This project located in big Ashuliya housing zone with all facilities. Like- Highway communication, School, College, Mosque, Hospital & Market etc. and it is protected by bike. The uttaran satellite city will be develop on a 14,000 bigha of premium land. I consists of 16 Blocks ‘A’ to ‘P’ and gradually it will be developed according to 4 (Four) Phase. Phase-1 (A, B, C & D Blocks) Phase-2 (E, F, G & H Blocks), Phase-3 (I, J, K & L Blocks), Phase-4 (M, N, O & P Blocks).

Location:
It is located in and around Uttara-Ashuliya. Its beside Newly declared Ashuliya thana. Its North side- Navana Vally Abasik Prokalpo; South side- Turag River, New uttara model town & Uttaran Abasik Prokalpo; East side- Turag River & North Town. West side- 300 meter wide Dhaka-Ashuliya Highway.
Why to Choose Uttaran Satellite City
Unique Position, Cost effective Price
Established in “House Zone” of Ashulia. Its north side Turag River, New uttara model town & Uttaran Abasik Prokalpo; East side- Turag River & North Town. West side- 300 meter wide Dhaka-Ashuliya Highway.
Natural beauty, pollutionless environment and River view project.
Lucrative Package price, competitive reasonable price, Long-term installment facilities, and attractive discount for at a time payment, Opportunity to buy jointly and we are highly encouraging both of rich and middle class people to purchase our land.
Invitation :
So, we are warmly inviting you to visit and see our ‘Uttaran Satellite City’ before all the plots are sold out. It may be what is in your heart, and you can build your safe residence here. It may be the dreamy address for the next generation.


Valued customer, it is very easy to book a plot. Just follow the following points:
It is “first come first serve” allotment system.
Apply using the Uttaran Properties Ltd. Prescribed form and attach two copies photographs.
Booking money Tk. 5,000.00 (Five thousand) per katha and down payment 10%.
Uttaran Properties Ltd. fixed the value of a plot. Plot value is changeable but once a plot is booked value is fixed.
U.P.L. makes deed of agreement after full payment in respect of cash purchase.
It is good to pay the installment in the scheduled time.
All payment must be made in favor of Uttaran Properties Ltd. through Cash/Cheque/Bank draft/payorder/D.D./T.T.
Customer who are working abroad send money through T.T or bank draft.
If any customer advance pay of his installment will be able to get special discount as per ratio.
Water, Power, Gas, Earth filling etc. facilities would be organized by the company; customer has to bear the expenses as equal portion individually.
For ready plots to be handed over to customer with proper demarcation subject to total payment of the plot. Registration will be made after hand over and take over.
Registration charges with taxes, vat, duties fees and relevant expenses to be paid by the customer.
Allotted plot must be used for the purposes as stated in the deed of agreement and the development work must be done as per the rules of RAJUK.
Company maintains the hand over schedule very carefully. If any unavoidable circumstances like natural calamity or political situation make delay, the valued customer will accept that inconvenience.
All the customers have to take membership of “Uttaran Satellite City Welfare Society”. This society will work for the social development activities of the city.

Real Estate phenomena in Bangladesh
Dhaka City, born during the Moghul Empire and grown with the British rule, is expanding rapidly. From the beginning of the 20th Century its growth and latter development is marked with sheer lack of proper and far-reaching planning. The impact is now being felt at the end of the century. Dhaka City is undergoing terrific growth phase throughout the last two decades. While there are so many real estate developers in the market, there are also very few of them who have maintained the quality, safety and customer preference. It is customary in the country that the first day quality and impression is lost after a while when people start getting a bit of familiarity. This happens due mainly to lack of professionalism. Sometimes the consumers here are in a fix to choose a particular brand out of many.A good number of real estate companies are working under one umbrella association named 'Real Estate and Housing Association of Bangladesh' (REHAB). Almost 83 Companies are at present affiliated with this association, while more than 200 companies are working independently. BTI took a leading role in the formation of the industry association and is one of the founder members of the REHAB. Objectives:a) To offer finest apartments in excellent locations to the clients;b) To provide sound construction with aesthetic design to the clients;c) To install best possible fittings and fixtures;d) To satisfy clients by expert-oriented service;e) To help solving the residential problem of Dhaka city;f) To perform social responsibility for a happy future.Market:Real estate business especially apartment projects has started in late 1970s in Dhaka City. But from early '80s the business started to grow and flourish. At present, more than 250 companies are active in business but 95% business is still dominated by of top 10 Companies. Present market is growing at the rate 15%.Reasons for development of the industry:The main reasons why real estate business developed in Dhaka city are as follows:a) Scarcity of open space in the important areas of the cityb) Hazards of purchasing landc) Hazards of construction of buildingd) Rapid increase in population of Dhakae) Decrease in the rate of bank interestf) Price of land and apartments is increasing day by dayg) Rent of the apartments is comparatively higher than the rent of privately constructed flatsh) Open Market Economy. Remittance of foreign currency is very easyi) Securityj) Service facilities such as garbage disposal, central satellite TV connection, apartments services saves time, roof top facilities, lift and so onMarket segmentation:The market of real estate business sector is highly segmented. This segmentation is mainly based on the location, price of the land, and size of the apartments. The segmented areas are:a) Segmentation - I :Baridhara, Gulshan, Banani, DOHS, Uttarab) Segmentation - II :Dhanmondic) Segmentation - III :Segunbagicha, Shantinagar, Kakrail, Malibagh, Kalabagand) Segmentation - IV :Mirpure) Segmentation - V :Old Town of Dhaka Cityf) Segmentation - VI :(For office building) Motijheel, Dilkusha, Fakirapool DIT Extension Road, RK Mission Road, Shahidbagh, Kawran Bazar, Pantha Path etc.Places in Dhaka city where residential and commercial projects has been congregated: Dhanmondi; Gulshan; Banani; Eskaton; Siddeshawari; Panthapath; Baridhara; Elephant Road; Mirpur Housing Estate, Mirpur; Dilkusha C/A; Kakrail Rd.; Malibagh; Lalmatia; Indira Road; Pallabi, Mirpur; Old Airport Road; Farmgate; Inner Circular Road; Mohakhali; Ashulia, Savar; Kalikair, Gazipur.The development projects for apartments and residential purposes range from Duplex Home, Triplex Home, Penthouse, Luxury Home, Furnished Apartment, Unfurnished Apartment, to Condominium and Vacation-Resort Property. Commercial projects includes Industrial Shed, Agro Farm House, Warehouse / Godown, Commercial Space, Industrial space, Office Building, Office Suite, Furnished Office, Commercial Showroom, Exquisite Office, Industrial Park, Factory, Lofts, Shopping Center, etc.General terms and conditions of allotment:1. Application for allotment of apartments should be made on the prescribed application form duly signed by the applicant along with the earnest money. The company has the right to accept or reject any application without assigning any reason thereto.2. On acceptance of an application, the company will issue allotment letter to the applicant on which the applicant/allottee shall start making payment as per the schedule of the project. Allotment of apartments is made on first come first serve basis.3. Payments of earnest money, installments, car park costs, additional works and other charges shall be made by bank draft or pay order directly in the name of the respective company against which the receipts will be issued. Bangladeshis residing abroad may remit payments in foreign exchange by TT or DD in the name of the company.4. Payments of installments and all other charges are to be made on due dates according to the schedule. The company may issue reminders to the allottee, but notwithstanding the issue of reminders, the allottee must adhere to the schedule to ensure timely completion of construction.5. The company may arrange HBFC/Bank loan (if available) for allottees according to the existing rules and regulations of the authority concerned.6. Delay in payments beyond the schedule date will make the allottee liable to pay delay charge (amount varies from company to company) for every 30 days on the amount of the payment delayed. If the payment is delayed beyond 60 days the company shall have the right to cancel the allotment. In such an event, the amount paid by the allottee will be refunded after deducting the earnest money and after allotment of the canceled apartment.7. Connection fees/charges, security deposits and other incidental expenses relating to gas, water, sewerage and electric connections are included in the price of apartments. The company will make those payments directly to the authorities concerned on the allottee's account.8. Limited changes in the specifications, design and/or layout of the apartments and other facilities may be made by the company in larger overall interest or due to unavoidable reasons.9. The company may cancel an allotment for non-payment of installments in disregard of reminders and after final intimation to the allottee by registered post at the address given in the application form. 10. The allottee shall be required to execute an agreement with the respective company for safeguarding the interests.11. The possession of the apartment shall be duly handed over to the allottee on completion and full payment of installments and other charges and dues. Till then the possession will rest with the company. If the project is completed before the stipulated time, the allottee shall have to make full payment before taking possession.12. The allottees will become equally divisible undivided and undemarketed shareholders of total acres of the scheduled land of the project in respective apartment. After all the dues and installments are paid by the purchaser according to the requirements and schedule for payment and after the completion of the construction, the vendors shall execute a registered sale deed in favor of the purchaser transferring share of land of the project in the demised apartment.13. After taking over of apartment of the project, the allottee (s) must consult the company prior to undertaking any structural or layout changes within the apartment complex. Failure to do so will be at the sole risk of the allottee.14. Company shall not be liable if the completion period of the construction of the projects is affected by unavoidable circumstances beyond the control of the company, like natural calamities, political disturbances, strikes and changes in the fiscal policy of the state etc.15. For the purpose of effective management and maintenance of the building the purchaser of the apartment shall form and constitute a mutual benefit cooperative society under the Co-operative Society's Act 1940. The society shall be entrusted with the management and maintenance of the building. The rules, regulations and by laws of the co-operative society relating to management and maintenance of the building shall be binding upon all the purchasers/owners of the apartments.

ADVANCED ANGEL CITY
The capital city, Dhaka has shrunk into the old quarters and posed a serious menace to the health gathering momentum each day. As long as you are desperate to get rid of city’s unmanned hassles and suffocation, you might have dreamt for an apartment in the closest neighbourhood. Given your dream to come true, Advanced Development Technologies Ltd. presents Angel City where you will enjoy all spheres of angelic thrills and ecstasy.Combining practicality with functional and aesthetic qualities, the contemporary styled Angel City is a unique satellite town planned around a stunning neighbourhood of the capital city, Dhaka. It promises tranquility, security and accessibility. A place where community living is enhanced by lush open spaces tastefully decorated by invigorating pedestrian walkways and smooth thoroughfares. For those who demand the ultimate in waterfront living, Angel City offers the very best. The perfect place to live with expansive water views of the brilliant blue lagoon and the lavish landscaped greenery surrounding the development where the dwellers will enjoy the serenity of Savar.
Located at Kornopara, Angel City stands on the bank of main highways only a 20 minute drive from Sangshad Bhavan towards Savar Memorial Martyrs. It is the epitome of safe and comfortable living encompassing all modern facilities including a Police camp of its own to ensure fool-proof security. The first of its kind and the largest housing scheme with integrated facilities ever undertaken by any private sector developer introducing state-of-the art construction technology. Initially the project is spread over a land parcel of 60 bigha consisting of about 2000 economy price affordable apartments.Being managed by a team of qualified and competent architects, engineers and technicians for smooth and timely completion. Planned on the doctrine of an independent and self sufficient satellite town, Angle City encompasses unprecedented amenities such as Police camp of its own ensuring foolproof security, Nursery school, Primary School, Community health club, Clinics, Mosque, Playground, exclusive 7 storied car parking building, Kitchen Market, Corner shop, lavish open space, road networks with all vital points of the city etc.‘Angel City’ greets you & your family to enjoy the taste of modern living



Press Release


Perspectives








Perspectives
Type A-1 (1525 Sft)To see LARGE VIEW Please click here
Type A-1,A-2 (1600 Sft)To see LARGE VIEW Please click here
Type A-3,-A-4,A-5 (1725 Sft)To see LARGE VIEW Please click here
Type B-1 (995 Sft)To see LARGE VIEW Please click here
Type B-2,B-3 (1350 Sft)To see LARGE VIEW Please click here
Type B-4,-B-5,B-6 (1400 Sft)To see LARGE VIEW Please click here
Type C-1 (1180 Sft)To see LARGE VIEW Please click here
Type C-2,C-3 (1515 Sft)To see LARGE VIEW Please click here
Type D-1 (960 Sft)To see LARGE VIEW Please click here
Type D-2,-D-3 (1430 Sft)To see LARGE VIEW Please click here

Type D-4,-D-5,D-6 (1480 Sft)To see LARGE VIEW Please click here


RUPAYAN SATELLITE CITY
Rupayan Housing Estate, one of the leading realtors in Bangladesh, has come forward with such a housing project that will fulfil the dreams of the middle and lower-middle class people.
Rupayan's latest project in Narayanganj, adjacent to Dhaka, is a catalyst to setting up an extended capital city downtown, after Uttara, which is now considered a part of the capital.
"Home! Sweet Home!" Not only a famous song, but it also describes the hopes and dreams of many who aspire to own a home.
Such aspirations are more reflected in the hearts of people who reside in rental homes, wishing to own a permanent address. But it is difficult for a member of the middle of lower-middle income group to purchase an abode, owing to high property prices and prolonged payback periods.
Uttara is the outcome of an initiative taken by the then government in 1974. The then government also planned that some five downtowns or suburbs will be set up surrounding Dhaka. However, such plans were not re-initiated by the successive governments.
"There is not even a hint of such a development in the present Dhaka Metropolitan Development Plan or Detailed Area Plan," says Sadat Hossain Salim, managing director of Rupayan Housing Estate.
"Dhaka is no longer a liveable city. It is one of the most densely populated cities in the world, with around two crore people inhabitants at present," he says. "People are restricted to this one city for work, residence, shopping needs and entertainment."
"The civic facilities required for a human being to live in a society are limited in Dhaka," he says.
If the city is not decentralised or several downtowns established in and around 50 kilometres of Dhaka, the view of the city will be unimaginable in the days to come, Salim says.
"We have set up the satellite town with these concepts in mind, where all housing and social facilities such as shopping malls, schools, mosques, hospitals, playgrounds and community centres are available," he says. "My goal is to take Dhaka outside Dhaka."
However, he says, the government will have to facilitate the private sector to invest outside Dhaka.
The project, 'Rupayan Town' at Bhuigar, off the Dhaka-Narayanganj link road, stretches over 19 bighas of land.
Rupayan is now offering ready flats in different sizes ranging from a minimum of 660 square feet to a maximum of 1,120 square feet at Tk 2,990 a square feet.
A customer can avail the key to a flat with an initial down payment of just Tk 4.14 lakh.
"We have designed the project for the middle and lower-middle class people, who mostly live in rented flats. They spend a substantial amount on monthly rent," Salim says.
"Following the down payment, buyers can pay the rest of the money through instalments. They can make the payments with the amount they previously spent on rent," he says.
"Besides, we have arrangements with some financiers that will provide loan to our customers," he says.
Delta Brac Housing, IDLC Finance, National Housing, Phoenix Finance, Bay Leasing, Southeast Bank and Pubali Bank are proving housing loans to prospective customers.
Although the real estate and housing sector witnessed a 35 percent drop in sales in the first three months of 2009 as a consequence of the global financial crunch, Rupayan is optimistic about its new township project.
It held a single company fair in the first week of this month to showcase the ready flats under the Tk 300 crore Rupayan Town, which comprises 28 eight-storied buildings with 784 flats in the first phase.
The Rupayan Town includes facilities like a full-time generator for electricity backup, and its own water supply and sewerage system.
Around 200 flats have been sold so far and many prospective customers are contemplating purchase.
Although most buyers are based in Narayanganj, Rupayan is optimistic about selling flats to Dhaka-based customers. A good number of people from Motijheel and its adjacent Basabo and Mugda areas have booked some flats.
"We will begin the second and third phase of the town after the sales of first phase flats. In the second phase 1,100 flats will be built, and 800 flats in the third phase," Salim says.
He says if the government reduces land registration fees and allows investment of undisclosed money in the real estate and housing sector, the sector will witness a boom.
"Besides, our success in the construction of readymade flats outside Dhaka will encourage other realtors to invest in the suburbs," he concludes.
Last Updated ( Monday, 18 May 2009 12:07 )

RUPAYAN Town at a Glance:
Place: Bhuighar (Dhaka-Narayanganj Link Road).
Roads & Gardens: 45% space of the entire project.
Type of Building: 08 (Eight) Storied.
Apartment Size: 1120, 965, 760, 660 Sft.
Specialty of the Project:
* Quality controlled by the skilled management.
* All structures & building materials are tested from BUET Lab.
* Building constructed on earth-quake protection system.
* Vehicles can go up to own apartment from the main entrance.
After Sales Service:
Skilled management under supervision of "RUPAYAN Housing Estate Ltd." will look after cleaning the common space, roads, gardens; controlling traffic jam; removal of wastage & maintaining security.
Facilities of the Project:
* Mosque with modern architectural art.
* International standard school.
* Shopping mall.
* Own water supply system through deep-tubewell.
* Modern diagnostic centre & clinic equiped with latest machines.
* Doctor's chamber in the clinic.
* Health club.
* 24 Hours emergency service clinic.
* Modern community centre.
* Social & cultural organizations.
* Entrance with eye-catching Roman Architectural art.
* Stand-by generator.
* Vehicle parking facility for apartment inhabitants..
* Cable line connection for dish-antena.
* Electric sub-station.


Floor Plan


1120 Sq. ft
660 Sq. ft



660 sqft flate



760 sqft
Terms & Conditions:
Applicant has to apply through company’s prescribed Application Form with his/her signature for apartment.
Purchaser has to pay their payment as per schedule given in the deed of agreement.
All payment has to be paid in favour of "RUPAYAN Housing Estate Ltd." in the form of cash/bank draft/pay order against which money receipt will be issued to the purchaser.
Utility connection charges like electricity, gas, water, sewerage etc. are not included in the apartment/shop value. Purchaser has to bear these costs also.
"RUPAYAN Housing Estate Ltd." preserves the right to make changes in the structure or layout plan and others for the greater interest of the apartment owners or for unavoidable circumstances.
The purchaser has to pay 3% additional charges (only on due amount) for 30 days, if fails to pay the installment in due date; company preserves the right to cancel the booking after notifying the purchaser to his/her address mentioned in the application form if payment not collected within 45 days. In that case, deducting 8.75% of the total value, the rest amount will be refunded to the purchaser after completion of the project.
Subject to the full payment of flat/shop value and other related expenses & completion of construction of the flat/shop "RUPAYAN Housing Estate Ltd." will hand over possession of the same. Without clearing the full payment flat/shop will not be handed over to the purchaser.
Registration related expenses like - stamp duty, registration fee, Tax, VAT, legal, govt. expenses and other costs in this connection will be borne by the purchaser.
Construction work may be delayed on account of natural calamities, political unrest, strike, changes of govt. policies and other causes beyond the control of the company. In that case, purchaser can not claim for any compensation.
After transferring the apartment, a co-operative society with all the flat owners will be formed for proper security & maintenance. To meet the expenses on this account, the flat owners will create a common service fund and each member will initially pay Tk. 30,000/- (Taka thirty thousand) to "Rupayan Housing Estate Ltd." Above fund will be reserved for minimum 15 (Fifteen) years to the company.
"Rupayan Housing Estate Ltd." will be responsible for maintenance of the project for 15 (Fifteen) years. Every purchaser will pay Tk. 950.00 per month as service charge to "Rupayan Housing Estate Ltd." which will be increased at a rate of 10% every year. If required, charges for this purpose can be changed through negotiation
Features & Amenities:
DOORS:
Main door: Main entrance of the apartment will be totally wooden door with door chain & door viewer.
Inside doors: Inside doors will be flash door with high quality lock.
WINDOWS:
Aluminum framed sliding glass.
Safety grill will be in the window (M.S.)
MASTER BATH:
Mosaic with local ceramic tiles on floor and wall up to falls ceiling.
BISF or equivalent standard commode, low-down & basin.
All high quality local fittings.
Doors will be plastic door.
COMMON BATH:
Mosaic on floor and wall up to falls ceiling
BISF or equivalent standard basin
BISF standard long pan & low-down (Plastic)
SERVANT TOILET:
BISF Standard Long pan.
All high quality local fittings.

KITCHEN FEATURES:
Mosaic on floor with local ceramic tiles.
Up to 2 feet height ceramic tiles from kitchen counter.
One bowl size standard sink.
All high quality local fittings.
FLOOR:
Floor finished with local ceramic tiles.
PAINT:
Wall will be painted by off white distemper and ceiling white distemper.
Outside will be weather coated, grill will be enamel painted.
SHOPPING COMPLEX:
Floor: Floor finished with local ceramic tiles.
Paint & Polish: Walls with distemper paint.
Outside wall will be weather coated.
Steel Shutter.
Standard quality local electric switch and socket.
Power Line.
Individual electric meter.





06►http://bd-se.org/Pages/User/ArticleDetails.aspx?ID=254
RAJUK stops approving designs above 10 floors Construction cos fear big losses, worried over investment Fazlur Rahman The authorities have stopped approving designs of buildings with more than 10 floors in Dhaka, triggering outcry from the real estate developers and virtually halting vertical rise of the city. The capital development authority, better known as Rajuk, has not explained its position, but the private realtors have said they are "baffled, shocked and worried" about the future of their investment. "The last one month, Rajuk has not okayed a single design of our projects that go beyond 10 floors," Tanveerul Haque Probal, president of the Real Estate and Housing Association of Bangladesh (REHAB), said Saturday. "We've invested tens of billions of taka in purchasing land for bigger projects. Yet, there is no clear decision from the authorities whether they would permit construction of high-rise buildings," he said. The past week, the REHAB which includes 589 private developers, met the state minister for housing and the chairman of Rajuk, seeking clarifications on the issue as the companies alleged that they are losing millions every day. The FE could not contact the minister or the chairman for comments. Mr. Probal said his association has sought immediate government intervention in the approval process, warning that a foot-dragging by the authorities could lead to ripple effects in the country's housing industry. Housing and real estate industry is a key component in the country's construction sector that accounts for 12 per cent of the Gross Domestic Product (GDP). REHAB says the realtors who have now expanded into major cities and districts towns across the country have created more than half a million direct and indirect jobs. Mr. Probal said the realtors are constructing high-rise projects in line with the country's building codes, leaving 30 per cent space unused. "But Rajuk still would not approve the projects. We don't know why this is happening." He said the developers were told to set aside unused space and go vertically as the amount of land in the capital is depleting fast. "Besides, the price of land has unusually spiked in recent years, forcing developers to go sky-ward." Probal said the City Development Committee, which comprises officials of Rajuk, City Corporation, REHAB and BUET, was supposed to hold meeting every month to deal with issues related to city's development and real estate business. "But only two meetings were held since the government came into power. If the meetings were held regularly, we could have raised the issue and found a solution," he said. REHAB leaders said the latest setback comes at a time when the key economic sector is on the rebound after years of moribund growth. The sector was dealt a big blow in early 2007 when the then caretaker government launched a crackdown on black money holders - major clients of posh flats in the capital. High cost of land, construction materials and a delayed impact of the global recession have also affected growth, as many developers froze project works fearing slackening demand in the near future. REHAB says its members construct 7000-10,000 flats a year while other non-member realtors account for another 3,000 apartments being built annually. -The Financial Express