Land acquisition is difficult, especially in a densely populated nation like ours where land prices are sky rocketing. However, it often gets necessary for industrialization and for betterments. Let us assist you in seamless land or property acquisition process in Bangladesh.
Land acquisitions in Bangladesh
From the land perspective of Bangladesh, if we look upon the present scenario of the land acquisition process, we notice that land owners suffer a miserable consequences after unethical acquisition process of land.
According to the Article-42 of Bangladesh constitution a resident has the fundamental right to own a property. Whereas, Article-42(1) provides some privileges along with some restrictions which have been imposed in Article 42(2).
Here in realestates.com.bd, we advise investors regarding land acquisition service of the private land by the government for the national benefits; for instance, public infrastructural development management. We also make land owners aware about the fact that acquisition of private land has to go through several rules set by the laws.
For public interest, the Government of the nation can acquire private property by paying allocated or pre-announced compensation. The land takeover by the way can be either temporary or permanent basis. The government is not bound to return back the land they have acquired. However, it takes over for temporary purposes, it is returned back with money paid for the duration of acquired time. However, there are certain lands such as graveyards, cremation points, mosques or pagodas are free from such acquisition process. Based on duration of land takeover time this process is distinguished into two types:
- Property acquisitions
- Property requisitions
Requirements for land acquisition process in Bangladesh
According to 1982 Ordinance, an individual or organization has to appeal to the Ministry of Lands in Bangladesh for acquiring any land situated within the jurisdiction of the upper Land Allocation Committee. The applicant can submit the application to the deputy commissioner for land situated within the jurisdiction of the District Land Allocation Committee of the nation. following are the paperwork you need to make available for the acquisition process: