Route: 250 metre west of Mirerbazar, 7 km from Tongi on the Tongi-Kaliganj Highway.
P.S. Gazipur Shadar
Union Parishad: Pubail
Sub-registry office: Tongi
Relevant Settlement office: Gazipur
Respective govt. reference: Assistant Commissioner, land of Gazipur
1. CS Porcha
2. RS Porcha
3. SA Porcha
4. Math Porcha
5. Registrared `Power of Attorney`
Area of the proposed land:
5 acre 45 decimals
16 bigha 7 katha
Original price of the land: Formal valuation being yet to be executed, the area wise price level has been surveyed and found to be BDT. 75 lac/bigha, i.e. BDT. 2.2 lac/decimal, that results the total cost of the land to be BDT. 12 crore (Approx.) and the price of the land has been simultaneously upward.
Proposed price of the land: The sales price of the land is being proposed to be BDT. 35 lac/bigha or 1lac/decimal, that would project the total price to be BDT. 5.4 crore (approx.) which would be further negotiable as per the possible quickest execution of the sales procedure.
The land has been a `vested property` as per the record and requires to have mutation on the ground of abandonment due to the delinquent rental payment and as per the prevailing land law of the state, this can be executed that circumspect the provision of the feasibility of the sale of this property. The land has recently been under the acquisition of various names and there is no relevant document supporting this illegal acquisition which has been searched in the relevant sub-registry office, settlement office and office of AC, land, Gazipur.
An additional investment of BDT. 10,000/decimal has been calculated to be the highest possible requirement to overcome the coveted drawbacks within 6 months and that would consequentially make it a very good venture in terms of the investment return.