PROPOSAL

FOR JOINT VENTURE DEVELOPMENT

LAND OWNER

MD: MOFEJUL, GONG.

AT PLOT: BAW BAZAR TAT, SHAJADPUR

SUBMITTED ON 18th DECEMBER 2018

Page 1 of 12
18th Dec, 2018

To,
Md. Mofejul, Gong
Plot: Baw bazaar khilbarir tak , Shahjadpur.
Dhaka.

Sub: Joint venture.

Proposal for Joint Venture development of your 012 katha (Approx.) land at.
Baw bazaar khilbarir tak, shajadpur.
Dear Sir

We the GREEN BAY DEVELOPMENTS LTD. would like to express our gratitude and thank
you for giving us opportunity to introduce ourselves and to discuss on the development of
your precious land. With reference to our discussion, we are placing this proposal to you for
your consideration.
Subsequent to our discussions, we have thoroughly analyzed the merit and demerits of the
proposed construction work and have chalked out a program for your kind consideration.

In this proposal you will find that GBDL always specific regarding each and every issues with
the land owner, specially you will see in the specifications where we have mentioned brand
as far as possible to make your understanding clear.
After going through this proposal you may have lot of queries, moreover you may need
clarification on different areas of the proposal. In this regard GBDL wants to make sure that
all your queries are answered properly up to your satisfaction for your final decision-making.
Please allow us any time convenient to you for detailed discussion.
Finally, GBDL is ready to undertake the total responsibility with heart and soul to turn your
idea of developing your land into reality.
Thank you once again and looking forward for your early response.

Sincerely yours,

For and on behalf of

GREEN BAY DEVELOPMENTS LTD.

Md. Mamunur Rashid.

Land.Executiv(Sales & Marketing)

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 CONTENTS

Title

1.0 Executive Summary

2.0 Annexure
Annexure

3.0 Project Outline

Basic Information
Sharing Proportion
Consideration of the Landowner

4.0 Legal Procedure

Legal Tools

5.0 Salient features of the Apartment Complex

Building Entrance
Reception Lobby
Lift
Lift Lobbies & Staircases
Apartment Layouts
Cable TV Provision
Generator
Water Pumps
Roof Top
Intercom
6.0 Features & Amenities of the Apartment
7.0 Structural & General Engineering Features

8.0 General Amenities of the Complex

9.0 The Developer will provide all services including

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 EXECUTIVE SUMMARY
 Total measured land12 Katha (approx.).
 There will be 1(one) building with common facilities.
 It takes about 5/6 (five/six) months time for project planning. The job in planning stage
includes; preliminary design, finalization of design by the Management considering land
owner’s views & observations, sub-soil test, approval from different regulatory bodies e.g.
DESA/DESCO,WASA, Titas Gas, CITY CORPOATION & RAJUK, etc.
 Legal procedures are followed strictly in adherence to the pertinent provisions of the law
of the land.
 Complex will be equipped with all modern amenities, standard specifications & facilities.

ANNEXURE
FAR: Non Restricted i.e. 60% land use maximum in each floor
Build-up Area= 60% Land 12 k. x 720sft. X 012 floor = 8640 sft (Approx.)

25’ Wide Road

Ground coverage will be used 60%

60% total open area.

Type-A
Type-B
h
Nort

Size-1,225 sft(Aprx.)
Size-1,225 sft(Aprx.)

18’
Lift & Stair

09 (G +08 floors) storied

building.(As per RAJUK rules)

Note: This proposal prepared as per present RAJUK plan approval rules.

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 PROJECT OUTLINE

3.1 Basic Information of the project:

Project Name : “Green Bay .......................................”

Location of the Project : Plot: 0-0 &0-0 Lake Circus

Land Area(Gross) : 12 Katha (8640 tsft.) approximately.

Type of Building : Residential Building

Storied : 09-Storied (GF+08)

Total Construction area : 19,197 sft.

Total Car Parking : 014 Nos. in Ground Floor

3.2 Main Features of the Project:

 The Developer proposes to design and construct a 09 (Nine) storied (As per
RAJUK rules) Residential complex consisting of parking and Reception Floor at
ground level plus 09 (nine) Apartment floors above.
 There will theoretically be a total of 4200 sft. in each floor with common space.

3.3 Project work completion schedule:

 Total project duration will be 48 (Forty eight) months with grace period
from the date of handing over the physical vacant possession of the land
by the Land Owner or approval of plan from RAJUK which occurs later
on. Plan preparation and approval may take 5-6 months. Some
modifications requested by the Landowner and or the other commercial
space owners may lead to minor extension of the completion time.

3.4 Project Financing:

 The finance for construction of the project will be from Developer’s

arranged sources. The total costs shall be reimbursed by revenue from
the sale of Apartment spaces & Car parking.

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 CONSIDERATION OF THE LAND OWNER

Following benefits will be provided to land owner in return to there more or less 12 katha
lands (Aprx.):

Entitlement in Apartment space at Ground floor+08= 09 storied building. Apartment

space sizes will be 4200 sft approximately including common space in each floor. Per
unit Apartment space sizes will be 1225 sft approximately including common space.
Ratio: Land owner will owned 50.00% out of 100% i.e. 05 floors
50.00% Apartment from 1st to 08th floor=9,800 sft. (Aprox.)

The floor distribution will be (Land Owners Portion):

Full of 1ft, 3th, 5th ,7th, 9th.

Note: 1. The land Owner will get the sale value of the existing structure.
2. Utility cost of land owners spaces shall be borne by the developer.
*Total built up area & Sizes of floors subject to change as per RAJUK rules and approval.

Entitlement in Car-Parking:
- Total Number of car parking will be 014 Nos.
- The Landowner will get 50.00% i.e. 04 Nos. Car-parking space from Ground Floor.
(Per floor will get 01 car parking spaces.)

Financial Consideration:

a. Signing Money will final after discussion.

Compensation for delay Hand over:

If the project be delayed beyond the Scheduled 48+6 (grace period), total 42( Forty eight)
months from the commencing date of construction then the Land owner will be entitled to get
rental compensation Tk.1,00,000/-(One lac) for 1st six months and Tk.2,00,000/-(Two lac) for
after 1st six months to till handover.

* This offer is valid for next three months from submission date.

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 LEGAL PROCEDURE

Ownership of the Land:

Ownership of the land will remain with the Land Owners up to the completion of the
project.

Legal Tools:

A registered Joint-Venture Deed of Agreement will be executed between by the Land –

Owners & Green Bay Developments Ltd., regarding all terms and conditions which
will be main legal tool.
The Developers Company i.e., Green Bay Developments Ltd. will obtain a registered
Power of Attorney from the owner to develop and built the said apartments for sales.

Proportionate share of undivided, undemarcated & unspecified land with apartment

will be registered directly to the buyers as per current rules & regulations.

Plan & approval:

The Developer will hold necessary sub-soil test and site survey of the project land,
prepare plan & working design and obtain approval thereof from all regulatory bodies
& RAJUK at the cost & expenses of the Developer.

The land owner will sign plan. Design, drawing, formal application and related papers/
documents to the appropriate Govt. authorities for taking approvals and installation of
utility lines for the project. All related cost and expenses for obtaining such approval and
sanctions from the competent authorities will be paid by the Developer.
Status of the project land:
The Land Owner shall make payment of all rents, taxes and utility bills till the date of
handing over of the project land of the Developer by the land owners and the Developer
shall make payment of such bills during construction period.

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 ANNEXURE "A'

SALIENT FEATURES OF THE COMPLEX

Building Entrance
 Decorative Prestigious Main Gate (MS) with Lampposts as per the elevation &
perspective of the building.
 Security provision through guardroom to control incoming and out going persons,
vehicles and goods.
 Comfortable & functional internal driveway made of concrete with Best Quality
designed pavement blocks/floor tiles (Mirpur Ceramic/Unique approved quality).
 Designed boundary walls all around of at least 8 height with necessary security
protections to prevent unauthorized entrance.
 Project Name with address and logo of the developer in brass on an attractive
polished Marble /Granite base as per design of the Architect.

Reception Lobby
 Reception desk with Marble Top.
 Mirror Polished 16”x16” tiles floor in the reception area.

Lift
 02/03 International standard 6(eight) passengers Lift (LG Otis / Mitsubishi
/Hyundai or Equivalent)
 Fast & Reliable service in all floors.
 Intercom line & Emergency Alarm provision
 Adequate lighting & Fan provision.

Lift Lobbies & Staircases

 Glazed Tiles in lift walls.
 Mirror Polished 16”x16” Floor Tiles in all other lift lobbies (RAK/ Equivalent).
 Best quality matching large sized Glazed Ceramic Tiles in other floor lift walls
(RAK or Equivalent).
 Spacious stair case with easy-to-climb steps, a selective combination of comfort &
convenience.
 Best quality Mirror Polished Nosing Stair Tiles in all staircases (RAK/ Equivalent).
 Designed Stair Railings (SS) along with decorative & polished Wooden Handrail
and Post.
 Provision of adequate day light & ventilation in the stair case through use of large
glass windows, fitted with good quality 5mm tinted glass (Nasir /
PHP/equivalent).
 Stair Case Windows/Ventilators will be protected with strong grills made of 5 mm
square bars.
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 Floor Layouts:

 Will maximize advantages especially in relation to the daylight and outside view.

Cable TV Provision:
 Provision for telephone connection & satellite channel connection from the cable
TV operator.

Roof Top:
 Protective parapet wall.

Generator
 International Standard Generator (SDMO, France / FG. Wilson, Uk / Parkins or
Equivalent)
 KVA capacity to cover Lift, Pumps, Common Lights and shopping area.
 Full back up
Water Pump
 04(four) Unit
 European Origin pedrollo or Saer or Equivalent.

FEATURES & AMENITIES OF THE APARTMENT

Bath Rooms
 Good quality RAK/equivalent Sanitary Wares in all Bathrooms except servants toilet.
 Matching RAK/equivalent floor tiles in all Bathrooms
 Mirrors in all Bathrooms with overhead Lamps
 Good Quality foreign Chrome plated Fittings.
 Cabinet Basin with Marble top.
 Provision for exhaust fan in all bath rooms.
 Concealed hot water lines in Master bathroom.

Floor & Verandahs

 16” x 16” Mirror polished floor tiles (RAK or Equivalent).

Painting & Polishing

 Best quality very well finished soft colored Plastic paint in all internal walls and
ceilings (Berger/Elite/Asian Paints).
 Exterior walls will to be painted by best quality weather proof plastic paint (Weather
Coat of Berger).

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Electrical

 Foreign (MK Singapore/Malaysia/equivalent) electrical switches, plug points, light

points and other various power points.
 All Power Outlets to have proper Earth Connection.
 Electrical distribution box with main circuit breaker & other required circuit breakers
in each line.
 All cables e.g. electrical wirings, telephone cables, Dish connection, Intercom
connection etc. will be of good quality (Eastern/BRB/equivalent) and adequate
capacity. Cables will be collected directly from the Manufacture.
 All cables will be of concealed type and rigged through best quality PVC conduits
embedded properly in the roofs/walls.
 The building should have proper Earth (Ground) Connections as well as Lightning
Protection System.
 Centrally air conditioned.

Walls

 Outside walls are plastered 0'-5" standard brickwork. (1 st class) as per Architect
design
 All interior walls are also plastered 5" brickwork. (1st class)
 Walls below ground are water proof RCC

Door
 10mm Glass doors, handle with security Lock.
 All Bathroom doors are Waterproof laminated door.

Windows

 Total building will be glass covered as per Architectural Design of the Building with

OPTIONAL FEATURES
 Various interior designing and additional fittings and fixtures as per choice of Land
Owners/allottee may be arranged at cost basis upon approval of GBDL.
Utility Lines
 Electricity supply will be of individual Meter and connection for the project.
 Water Supply and Sewerage will have common meter connection for the project.
 GAS supply will be of individual Double Burnet Connection.
 Connection cost will be borne by the Developer for the Landowner’s Spaces.

Note: Items specified in this Annexure will be supplied as per market availability. In case of
non-availability or shortage of supply of any specified item(s), equivalent item (in terms of
price and quality) will be used as per Green Bay Developments Ltd .’s selection in
consultation with the Land-Owners.

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 STRUCTURAL & GENERAL ENGINEERING FEATURES

 The building will be planned & designed by reputed professional architects and
structural design engineers.
 Structural design parameters will be based on American Concrete Institute (ACI)
and American Standard of Testing Material (ASTM) codes, as well as Bangladesh
National Building Code (BNBC).
 Developer will arrange necessary soil tests of the building site and analysis of the
relevant soil samples by the BUET laboratories. Design of foundation and super
structures of the building will be based on the soil test report.
 The building will comprise of foundation, columns and beams made of heavily
Reinforced Cement Concrete (RCC) with good quality crushed stones and floor slabs
will be brick chips & 100% sylhet sand of ratio 1:2:4.
 Systematic structural combination of steel reinforced concrete frames and shear
wall core will be employed using modern design concept/methodology (Computer
Software). All parts of the structure will be interconnected by Ties & Beams with
shear core wall.
 Water proofing material shall be used in correct proportion in the foundation for
better protection of structure/concrete from dampness.
 Structural design will cater for earthquakes up to 8 Richter scale and wind intensity
up to 210 kilometer per hour as per Bangladesh National Building Code (BNBC).
 Comprehensive & systematic checking and testing of all concrete & steel
reinforcements at every stage and other completed work samples will be conducted
by professional Design & Supervising engineers of the Developer and relevant
samples will be analyzed from BUET laboratory to ensure highest quality of
workmanship.
 Landowner or his representatives will have the right to get involved in these
checks/tests.
 All materials including Steel, Cement, Bricks, Stone Chips, Sylhet Sand & other
finishing materials etc. will be of highest standard and screened for quality.
 All underground sanitary & sewerage pipes will be good quality UPVC pipes of
designed thicknesses & sizes.
 All underground water pipes will be good quality GI/ UPVC pipes (Adamjee-
National/ Equivalent) of designed thicknesses & sizes.
 All construction site equipments/tools e.g. vibro-hammers, vibrators, vibromax,
mechanical rollers, steel cutting & bending equipments, welding equipments,
concrete mixers, concrete vibrators, water pumps, material handling equipment,
leveling instruments, hand tools etc will be arranged by the developer.
 Ground Floor Level (Plinth) will be higher than the highest previous flood level of
1988/1998/2004.
 The building site will be given appropriate Termite Protection & Pest Control
Treatment by the relevant experts / professionals.

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 MAJOR STRUCTURAL MATERIALS

Steel
 60 Grade Deformed Bar
 Manufactured by
i. Bangladesh Steel & Re-Rolling Mills Ltd. (BSRM)
ii. KSRM.
iii. SS Steel Ltd.
iv. Other Equivalent High Standard Steel Mills Ltd.
Cement
 Cemex Cement
 Lafarge Cement
 King Brand Cement
 Fresh Cement
 Holcim cement
 Other Equivalent High Standard Manufacturer
Aggregates
 Stone Chips for all columns, beams, foundations & other will be Brick chips.
 High strength Brick Chips.
Bricks
 First Class Bricks of approved quality
Sand
 2.5 FM Coarse Sand
 1.5 FM Medium
After Sales service
 Preparation of Bye-Laws and formation of Apartment Owners Association
 6(Six) months free repair & maintenance of technical problems.
 Supervision of Complex and repair/ rectification of technical defect by an Engineer
for 2 (two) months.

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