A land share usually costs less and lets you pay in stages, but you wait for construction and share the project risk. A ready flat costs more upfront, but you can inspect it, move in and get a loan more easily. Choose a land share if you can wait and verify documents; choose a ready flat if you need a home now.
Both are routes to your own home in Dhaka, but they differ a lot in cost, timing and risk. Compare them with your own situation below.
Five-point comparison
| Factor | Land share | Ready flat |
|---|---|---|
| Price | Often lower per square foot, since you don't pay the developer's full margin | Developer's margin is built into the price |
| Ownership | A registered share of land from day one | Flat and land share registered together |
| Timing | Wait until construction finishes | Available now |
| Risk | Delay and owner-dispute risk | Main risk is in documents and build quality, which you can inspect |
| Loans | Harder to get | Comparatively easier |
A land share suits you if
- You can wait a few years
- You want to pay in stages
- You're ready to verify documents yourself or with a lawyer
A ready flat suits you if
- You need a home now
- You're relying on a loan
- You want to see the flat before you buy
Whichever you choose, don't skip document checks: 7 Documents You Must Check Before Buying a Land Share
Frequently asked questions
Is a land share always cheaper?
Often per square foot, but not always. Delays or rising costs can push up the total, so check the costs and timeline in the agreement.
Which is safer for a first-time buyer?
A ready flat is simpler if you don't want document-checking and waiting risk. If you choose a land share, have a lawyer check the documents and agreement.
Do ready flats need document checks too?
Yes. Check the deed, mutation, RAJUK approval and building completion papers for a ready flat too.
Talk to Proyojon Abashon
It is normal to have questions before you decide. At Proyojon Abashon, you can review any project's documents at our office, and you are welcome to bring your own lawyer. Call +8801323280004, or visit Level 4, House 23, Road 16, Nikunja 2, Dhaka.
This article is general guidance, not legal or financial advice. বাংলায় পড়ুন: ল্যান্ড শেয়ার নাকি রেডি ফ্ল্যাট: কোনটি আপনার জন্য ভালো?
Key takeaway
- Land shares often cost less per square foot
- A ready flat is available now and can be inspected
- Loans are easier for ready flats
- Choose based on how long you can wait and how much risk you can take