ANS: For booking an apartment or commercial space from bti, first you will have to fill up an application form, followed by making payment of earnest money to the company. To complete the purchase, you need to sign “Allotment Letter” and “Deed of Agreement”.
ANS: bti ensures all required approvals and permits from concerned authorities are in place prior to the launching of a project. Construction work of a project is commenced only after obtaining all the required approvals and permits.
For buying a property, firstly you will have to pay the booking/signing money which constitutes 10% of total payment followed by monthly installments which comprise of the rest 90% amount. You will have to pay this on a monthly basis until the handover period. Although this is the standard, payment may be varied upon mutual discussion.
If you make onetime payment or advance payment from the standard payment schedule, you would be entitled to a discount calculated on the cost of capital.
Yes. bti has tie ups with several financial institutions providing home loan for Local and Non Resident Bangladeshis. However, you require bank approval for availing the home loan which depends on your income, status and bank regulations.
You can avail up to 70% loan amount and get tenure of up to 25 years. You need to repay the loan through EMI.
The standard handover procedure entails the Buyer to make final inspection of the apartment with the concerned representative from our Customer Service Department to ensure that everything is in order. Before handover, the Buyer must clear all payments. Four working days are required by bti for
completing all the internal procedures. After that the Buyer has to come to bti Corporate Office to receive the Keys and the formal Possession Handover document.
If for some reason the Buyer is unable to personally attend the handover, he/she should authorize someone with a Power of Attorney who will receive handover on the Buyer’s behalf.
No. You need to clear all payment charges before receiving handover of the apartment.
Yes. In that case, as per Real Estate Act 2010, you will have to forfeit 10% (ten percent) of the total paid amount to the company and rest of the amount will be refunded to you within 90 (ninety) days from the date of such cancellation.
Yes. As a Buyer, you will receive compensation from bti if you do not receive handover of your apartment unit within the stipulated date mentioned in the Deed of Agreement, provided certain conditions are met and there has been no default in installment on your part.
The apartment owners form a Committee which is responsible for the common affairs of the apartment complex. The committee is responsible for maintenance of the building, generator & substation, payment of support staff’s salary & utility bills, maintenance of books of accounts, arrangement of monthly meeting, annual meeting between all apartment owners etc.
The Reserve Fund consists of contribution from all apartment owners which each owner has to pay before the handover. The fund is utilized for the general maintenance of the apartment complex and it’s appurtenances. The Company will reimburse the total collected amount from all the customers of the particular project to the Apartment Owners’ Committee.
The monthly common service charge is a payment made monthly by all apartment owners towards the running costs of the apartment complex. It typically covers the utility bills payment, generator fuel cost; lift maintenance cost, the wages of a concierge and security guards etc.
Yes. As per bti Terms and Conditions you will receive free maintenance service for one year from date of project completion.
The registration/transfer/mutation of apartment is an important step in home buying but unfortunately it is a bureaucratic and cumbersome process. To make apartment buying hassle free, as a Power of Attorney holder, bti will provide the Buyer with the required registration/transfer/mutation services but relevant costs pertaining to transfer/registration/ mutation have to be borne by the Buyer.
FAR means Floor Area Ratio. The FAR is the total covered area on all floors of the building on a plot divided by the area of the plot. FAR is a control measure introduced to limit the density of an area and regulate the use of land as per the plan and manage growth and development.
Total covered area on all floors
Total covered area of the plot
The maximum construction area of any building depends on the land size and front side road width. As per the FAR rules, each segment of land size has maximum ground coverage (MGC) and FAR value as per the front road width. If we calculate land size in sft/meter and multiply with FAR value then we will get the maximum construction area of the building.
Example: If we consider a “5 Katha” plot and front side road is 25 feet width then the maximum ground coverage will be 62.50% as per FAR rules. So the maximum construction area will be:
Land Area=5 katha=3,600 sft (1 katha =720 sft)
FAR = 3.75 (as per Rajuk Rules)
Construction area= (Land area X FAR)=3600 X 3.75=13,500 sft
We can add 2.5% balcony facilities (as per Rajuk Rules),
So,balcony facilities =13500 X 2.5 %=337 sft
Total construction area is (Construction Area+ Balcony Area) = (13500 sft+337 sft) =13,837 sft
DAP means Detail Area Planning. The general objectives of DAP are to implement the provisions of the DMDP Structure Plan (SP) and Urban Area Plan (UAP) policies and recommendations.
The number of parking space depends on land size, land shape, building height, basement provision, car lift, park lift etc.
Example: If we consider a “5 Katha” plot and the dimension of the plot is 72’ X 50”, then maximum 8-9 car parking spaces are possible after the fulfillment of the common facilities.
Basement floor construction is generally expensive and unless constructed with care, there can be water leakage and dampness issues. For smaller plots of land (say below 8katha), usually basements are not feasible. However, for larger plots of land requiring a large number of parking, basement becomes a necessity.
Space sharing refers to the use of space in an apartment complex by the Landowner and the Developer. It segregates the portions of the apartment complex belonging to the Landowner and the Developer. In a joint venture development, space sharing depends on mutual understanding between the Developer and the Landowner. There is no thumb rule. Basically, it depends on the value of the land, selling price of the property, requirements of the number of apartment units, signing money given to the Landowner, etc.
Signing money or monetary benefit depends on the mutual understanding between Developer and Landowner. It also supplements the value of the land, selling price of the developed property, space sharing between Developer and Landowner.
Mode of payment in a joint venture project is also an issue of mutual understanding between Developer and Landowner. It also depends on the total amount of signing money, how much Developer can afford to pay upfront, handover of the vacant possession, plan approval etc.
Floor distribution is done through mutual understanding between Landowner and Developer. Both Landowners and Developer choose the floors as per merit or value of the property.
The size of the apartment is the net floor area of the apartment plus the common areas as specified in the Real Estate Management Act 2010
As per the Real Estate Management Act 2010, spaces such as lift-lobby, staircase room, lift machine room, generator room, sub-station room, caretaker’s room, guard room and other common facilities like gym space, prayer room, library room, guest waiting area, reception area etc. are considered as common space.
RAJUK and Cantonment board (Dhaka) are the final authorities for approval of plan. Plan approval depends on various factors such building height, regular project or special project, apartment number, road-width, permission of concerned authorities (Civil aviation, traffic, DMP, environment etc), conditions of the township planning department, lease hold property or free hold property, land status etc.
Fire protection in apartment building is ensured through availability of essential fire fighting tools such as fire extinguishers, fire hydrants, sprinklers etc. Having a fire staircase is mandatory as per BNBC rules.
bti follows the BNBC code for the earthquake protection. Beyond implementing BNBC code, bti is the only developer who has introduced the jacketing system, which is a scientifically proven method to make buildings more earthquake resistant.
bti carries out appropriate testing to ensure all the materials used are of highest quality. bti also tests the materials (steel bar) and concrete strength from BUET.
Construction time frame of a building depends on the land size, total construction area, number of basements, number of floors, number of units, building features and amenities, etc.
Possession/ hand over issue is subject to mutual understanding between Developer and Landowner. Generally, the possession/ handover is required after plan has been approved from the concerned authority.
bti provides 1 year free after sales service to the apartment owners for maintenance and upkeep of the apartment.
bti follows all rules and guidelines, uses materials of highest standard quality and goes beyond that through implementing technology that makes building greater earthquake resistant. All of these ensure that your building is a safe home with superior construction quality. We also greatly appreciate our clients visiting the site during construction to see the quality for themselves.
Upon completion of the project, we arrange a meeting of all the owners of the built property to form an Association and form an adhoc committee and provide them with a set of by-laws. The ad hoc committee subsequently arranges an election to appoint the office bearers of the Association. The Owners’ Association is responsible for maintenance of the building and regular accounts.
Interior design consultancy is available by bti Interior Solutions for residential, commercial & industrial spaces. If you have a home or a business, then we can help you create the perfect living space, corporate office, retail outlet, hotel, resort. We have also introduced landscaping into our scope of work.
At bti Interior Solutions, we give you a choice to hire an interior architect or an interior designer/decorator. Interior architects have expert knowledge on architectural elements and know how to optimize them best as well as have fundamental understanding of lighting, texture, depth, pattern and much more to give you an aesthetic and functional space. Interior designer/ decorator works best with small spaces to make them more functional.
It is costlier than doing it yourself. But then the details and services that accompany the cost are worth it. Contrary to popular belief, interior design can, however, be made to fit a budget. Sometimes, it can be economical as professionals in this line are experts on best materials available at best market prices and can be a great way to save on your time and money. However, we can work with realistic budgets to suit your requirements.
It doesn’t matter how big or small your home is, an interior designer can make your small space bigger; dark rooms look brighter and add details to make your space maximize its potential.
Although most people think interior architects/designers are inflexible and rigid, a good interior designer will consult you from inception to implementation to understand your wants and needs. At bti Interior Solutions, we incorporate your needs into the design so that the space reflects your personality and you feel right at home.
Even if you are a creative person with an aesthetic sense, an interior designer has knowledge, understanding, expertise and connections which can transform your space into more than just a pretty space and add value to it. An interior architect has spent years on training to do this best.
In 2011. So far, we have successfully completed interior designs of more than 350 residential & commercial units. Recently, we have started concentrating on our own bti customers’ and landowners’ requirements though we welcome non- bti customers’ work too.
We are always excited to serve anyone who loves the idea of beautiful and functional spaces. However, we are best at serving customers who love the idea of long term relationships. Thus, those customers who also buy properties from bti benefit the most from taking our services. We have introduced post-handover services as a specialized branch of our workflow. To look after the concerns of our customers, a specifically assigned department and a rep for post-handover services has been deployed. This rep keeps a continuous relationship with our customers even after the one year warranty period is over. His sole objective is to help out our customers in any way required for years to come.
Design Consultancy services from bti Interior Solutions cover several categories of interior design work such as designing functional floor plans, preparing working drawing, doing furniture layout, providing detailed ceiling layout plans, color suggestions, bathroom and kitchen layout plans, plumbing designing, electrical plans. We do turnkey projects which include the designing and implementation of the interior design to relieve you of all worries.
Yes. We can design customized furniture and make it for all types of residential & commercial use.
Our name carries bti in it and we are an integral part of bti- a well reputed pioneer real estate company in Bangladesh since 1984. That is our biggest strength and possibly the biggest trust factor for our customers. We love to see our customers happy and everyone in bti Interior Solutions is geared to achieve this single goal. We also have highly professional architects, a skilled workforce, best quality of workmanship, quality inspections, strong sense of work ownership and a fantastic customer service department. We provide a one-year free service in case of any problems which may arise due to various unforeseen circumstances and we offer a one-stop solution for all your design needs.
We work best with building relationships and we back this philosophy by providing a one-year free service after handing over the work to you. You have no worries as we will be there behind you always to lend a helping hand and fix any problems in case they spring up. You are also welcome to call our customer service department and drop in for a cup of tea even if there are no problems at all!
You would have to initially pay 50% of the total amount once we agree to work together. After 50% of completion of work, 25% payment has to be made followed by another 25% after 75% work progress. You may feel that this is unfair, but in reality this is the best way to work as we need to pay people to execute the work timely for you.
bti is a well reputed company and as bti Interior Solutions is a part of bti, our business is that of trust. Please read the customers’ opinions about us to decide where we stand.
Generally, we take 30-90 working days for implementation of any work but it largely depends on what the work is.
Yes, of course! bti Interior Solutions does all kinds of renovation work such as civil work to change things around. We can create partition walls, design false ceilings, make workstations for home and offices. Bathroom renovations and kitchen renovations, cabinetry design, organizing your rooms, redoing electric wiring and lighting solutions – all are in the purview of our services.
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