• infoetmsbd@gmail.com
  • (+88) 031-616905
  • 282, Momin Road (2nd Floor) Jamal Khan Lane Kotowali Chittagong-4000
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Phone number

(+88) 031-616905

Email address

infoetmsbd@gmail.com

Address info

282, Momin Road (2nd Floor) Jamal Khan Lane
Kotowali Chittagong-400

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Terms & Conditions

  1. Allotment Letter: Upon confirmation of a client, ETMS Belvedere Property (BD) Ltd. (EBPL) will issue an Allotment Letter in favor of the client with specific terms and conditions.
  2. Payment:
    1. The client/allottee will begin making payments as per the agreed schedule.
    2. The client is not entitled to transfer the apartment to a third party until the apartment has been officially handed over.
    3. Down payments, installments, additional works, and other charges must be made by A/C payee cheque or bank draft in favor of "ETMS Belvedere Property (BD) Ltd (EBPL)." Any cash transaction is strictly discouraged.
  3. Payment Schedule Compliance:
    1. EBPL expects the client to strictly adhere to the payment schedule. Timely completion of the project is heavily dependent on the client’s timely payments.
    2. A delay in payment of 15 days or more will make the client liable to pay a delay charge of 2% per month on the defaulted amount.
    3. If payment is delayed beyond two months, EBPL reserves the right to cancel the allotment. In such a case, EBPL will refund the amount paid by the client within 60 days, deducting 10% of the total paid amount as a penalty.
  4. Modifications and Design:
    1. The company reserves the right to make changes to the architectural, structural, and other designs of the project. Changes can be made in the specifications in the overall interest of the project.
  5. Possession of the Apartment:
    1. Possession of the apartment will be handed over within 36 months, except for reasons beyond the control of EBPL (e.g., force majeure, natural calamities, political disturbances, or Acts of God).
    2. Handover will only occur after the client has made the complete payment.
  6. Post-Handover Changes:
    1. After the apartment is handed over, any changes within the apartment must be consulted with EBPL.
  7. Additional Costs:
    1. Connection fees/charges, security deposits, and other incidental costs for water, gas, electricity, telephone, and satellite cable connections are not included in the apartment price.
  8. Land Registration:
    1. A proportionate share of undivided and unmarked land will be registered in favor of each allotee as per current rules and government regulations. The allottee will bear stamp duties, registration fees, documentation charges, and any other taxes and expenses incurred during the process of registration, allotment, and transfer.
  9. Project Abandonment:
    1. If for any reason beyond EBPL’s control, the ETMS Suriaya Naser project is abandoned, EBPL will refund the down payment and all installments deposited by the client within 60 days of the announcement. In this case, the allottee will not be entitled to any further claims or damages.
  10. Co-operative Society Membership:
    1. The client must be a member of the Owners' Co-operative Society, which will be formed by the apartment owners to manage the general affairs of the complex. Each apartment owner must deposit Tk. 60,000 (sixty thousand only) to the reserve fund before taking possession of the apartment.