Land development is one of the most important processes in the context of Dhaka’s development. To manage and support this development, the government of Bangladesh imposes various taxes and fees related to land development. These financial tools play a crucial role in funding urban infrastructure and regulating land use. In this blog post, we will discuss different types of land development taxes and fees in Bangladesh.
To facilitate the payment of land development taxes and improve the overall experience for landowners and developers, the government has introduced several services and platforms. These platforms are:
Paying land development tax online is an easy option for property owners and developers in Bangladesh. The process simplifies tax payments and reduces the need for physical visits to government offices. The Ministry of Land takes this initiative to smooth the whole process. Here’s a guide on how to pay your land development tax online:
Land development taxes and fees serve multiple important purposes in the context of urban planning and development. Here are the primary purposes of land development taxes and fees:
Land taxes and fees are crucial for the effective management of urban development and infrastructure. In Bangladesh, various types of land taxes and fees are imposed on property owners and developers. Here’s an overview of the main types of land taxes and fees:
These financial tools continue to play a pivotal role in funding public services, regulating land use, and ensuring sustainable growth. Here are the key aspects of land development taxes and fees in Bangladesh:
| Type of Property | Important Documents | Government Registration Fees | Additional Charges |
|---|---|---|---|
| Residential land | Tax payment receipts, sale deed, property map, worker's license, ID card, passport, and certificate of occupation. | BDT 15,000 + 0.5% of market value over BDT 3,000,000 | 2% of the market value. |
| Commercial land | Same as above | BDT 15,000 + 0.5% of market value over BDT 3,000,000 | 2% of the market value. |
| Agricultural land | Same as above | BDT 15,000 + 0.5% of market value over BDT 3,000,000 | 2% of the market value. |
| House | Same as above | BDT 15,000 + 0.5% of market value over BDT 3,000,000 | 2% of the market value. |
| Flat | Same as above | BDT 15,000 + 0.5% of market value over BDT 3,000,000 | 2% of the market value. |
| Shop | Same as above | BDT 15,000 + 0.5% of market value over BDT 3,000,000 | 2% of the market value. |
| Office | Same as above | BDT 15,000 + 0.5% of market value over BDT 3,000,000 | 2% of the market value. |
| Factory | Same as above | BDT 15,000 + 0.5% of market value over BDT 3,000,000 | 2% of the market value. |
| Warehouse | Same as above | BDT 15,000 + 0.5% of market value over BDT 3,000,000 | 2% of the market value. |
| Godown | Same as above | BDT 15,000 + 0.5% of market value over BDT 3,000,000 | 2% of the market value. |
| Workshop | Same as above | BDT 15,000 + 0.5% of market value over BDT 3,000,000 | 2% of the market value. |
Land taxes and fees are very crucial for urban infrastructure development funding in Dhaka. Balancing revenue generation with social equity remains a challenge. As one of the leading real estate companies in Bangladesh Assure Group follows all the rules and regulations regarding this. If you have any questions, don’t hesitate to contact us. We are here to help you.
