Rent Agreement Generator — Dhaka, Bangladesh
Rent Agreement Generator for Dhaka — Most Populated City
Dhaka is one of the world most densely populated cities with a high rental demand. Premium areas include Gulshan, Banani, Baridhara, and Dhanmondi. Rents range from BDT 10,000-15,000 for basic apartme...
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Dhaka is one of the world most densely populated cities with a high rental demand. Premium areas include Gulshan, Banani, Baridhara, and Dhanmondi. Rents range from BDT 10,000-15,000 for basic apartments to BDT 50,000-200,000 in premium areas.
Rental housing in Dhaka is governed by the Transfer of Property Act 1882 and the House Rent Control Act 1991. The 1991 Act sets a notion of 'fair rent', forbids a landlord from taking a premium or 'salami' over and above rent, and in law limits advance rent to a single month — even though in practice many Dhaka landlords ask for two to three months up front. The Act also requires the landlord to give a rent receipt, and disputes over fair rent can be taken to the Rent Controller.
A Dhaka tenancy agreement is normally executed on non-judicial stamp paper and should record the parties, the flat, the term (commonly one year with renewal), the rent and any advance, the notice period, and responsibility for utilities, service charge and lift and generator costs common in apartment blocks. A lease for more than a year is, strictly, registrable under the Registration Act; recording the holding (municipal) tax details and the agreed rent-increase mechanism prevents the yearly rent-hike disputes that are common in the city.
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FAQ
Frequently Asked Questions
Dhaka premium areas: Gulshan 1&2 BDT 50,000-150,000/month for 3-bed, Banani BDT 40,000-100,000, Baridhara/DOHS BDT 60,000-200,000, Dhanmondi BDT 30,000-80,000. Mid-range: Uttara BDT 15,000-40,000, Mirpur BDT 10,000-25,000, Mohammadpur BDT 12,000-30,000. Diplomatic zone (Baridhara) has the highest rents due to embassy and expatriate demand. Advance of 2-3 months is standard, and most agreements are for 1 year with auto-renewal.
The House Rent Control Act 1991 limits advance rent to one month, and prohibits a landlord from demanding a premium or 'salami' on top of the rent. In practice, however, landlords in Gulshan, Banani and Dhanmondi routinely ask for two to three months in advance, and tenants often pay it to secure a property in a tight market. The Act gives a tenant grounds to object, and a tenant who insists on a receipt and a written agreement is better placed if a dispute reaches the Rent Controller.
The House Rent Control Act 1991 introduced the concept of 'fair rent', a ceiling based broadly on the value of the premises, above which a landlord is not entitled to charge. A tenant who believes the rent is excessive can apply to the Rent Controller to have a fair rent fixed. Although the provision is under-used in Dhaka's fast-moving market, it exists, and a written tenancy agreement that states the rent and any agreed increase reduces the scope for a landlord to raise rent arbitrarily during the term.
A lease for a term exceeding one year is, under the Registration Act, required to be registered, while shorter tenancies are commonly made on non-judicial stamp paper without registration. Registration involves stamp duty and registration fees calculated on the rent and term. Most one-year Dhaka tenancies proceed on a stamped, unregistered agreement, but for a longer or high-value lease — for example a company let in Baridhara — registration gives the tenant stronger protection and is worth the cost.