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The governing acts and regulations of real estate in Bangladesh

The governing acts and regulations of real estate in Bangladesh

by Md Jubair Al Mamun Joy -
Number of replies: 0

Real estate in Bangladesh is governed by several acts and regulations. Some of the key ones include:

  1. Real Estate (Development and Management) Act, 2010: This act regulates the development and management of real estate projects in Bangladesh. It aims to ensure transparency, accountability, and protect the interests of buyers.

  2. Building Construction Act, 1952: This act provides guidelines and regulations for the construction of buildings in Bangladesh. It covers aspects such as building codes, safety standards, and approval processes.

  3. Land Registration Act, 2012: This act governs the registration of land transactions in Bangladesh. It outlines the procedures for registering land ownership and transfer of property rights.

  4. Transfer of Property Act, 1882: This act deals with the transfer of property rights in Bangladesh. It includes provisions related to sale, mortgage, lease, and gift of property.

  5. Bangladesh National Building Code (BNBC): This code sets standards for building design, construction, and safety in Bangladesh. It covers various aspects of building construction including structural design, fire safety, and environmental considerations.

  6. Land Reforms Ordinance, 1984: This ordinance aims to reform land ownership and management practices in Bangladesh. It includes provisions related to land redistribution, tenancy rights, and land administration.

  7. Tax laws: Various tax laws, such as the Income Tax Ordinance, 1984, and the Stamp Act, 1899, also have implications for real estate transactions in Bangladesh. These laws govern aspects such as property taxation and stamp duty on property transactions.

These are some of the key acts and regulations governing real estate in Bangladesh. It's important to note that the legal framework may evolve over time, and it's advisable to consult legal experts or relevant authorities for the most up-to-date information.