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Fuzala Complex

Promise City, Dhaka

About This Property

৳ 3,850,000
Ongoing

Fuzala Complex is a Shariah-compliant collective housing project initiated in January 2023 under Fuzala Rahmania. Located in Promise City, it comprises 30 buildings with G+9 floors offering 1,200 sq.ft flats. Each share includes a 0.50% land share with a land price of 3,850,000 taka, a booking deposit of 25,000 taka, and monthly installments of 3,000 taka.

A visionary affordable housing initiative designed for low-income individuals, offering full transparency in construction costs and Shariah-compliant financing over a structured 10-year installment plan.

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Key Features

270% Land Ownership with Residential Zone Deed (540 Shares)
30 Modern Buildings (G+9 Floors)
1,200 sq.ft Flats via Lottery Allocation
0.50% Land Share per Unit
Affordable: 25K৳ Booking + 3K৳/Month
Shariah-Compliant Financing with 10% Service Fee
Full Construction Cost Oversight
1 Elevator + 1 Staircase per Building
Prime Location in Promise City
Initiated in January 2023

Property Details

Total Buildings
30
Units Per Floor
2
Total Floors
G+(9)
Land Per Share
0.5
Living Area
1200
Land Area Shatak
270
Booking Deposit
25k
Land Price Per Share
3850k
Monthly Installment
3k
Flat Size
1200
Stairs
1
Elevators
1

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Rules

Application: Form + 2 Photos + ID Copies
Payment: 25K৳ Booking + 2.5K৳/Month for 10 Years (300K Total for Land)
Land: 3.9 Acres Sub-Deed in Residential Zone (540 Shares)
Construction: 50K৳ in Installments every 3-4 Months
Financing: Shariah-Compliant Loans
Flat: 1,200 sq.ft Lottery Allocation
Cancellation: Refund upon Share Sale
Costs: Stamp Duty + VAT borne by Shareholder
Fees: 10% Service Charge on Construction

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