Sabrang Exclusive Tourist Zone Project
A share-based tourism investment project in Sabrang where lease payments to BEZA have substantially progressed, but additional share sales are still needed.
Overview
The management committee fixed 30 September 2024 as the deadline for share sale under a decision dated 17 April 2024.
The total number of shares is 4,000. It records 2,962 shares sold to 537 persons, with BDT 14,81,50,000.00 collected from share sales and BDT 31,53,413.00 shown as bank profit.
The society paid 42.2568% of the total lease money as signing money on 21 December 2023, signed the agreement with BEZA on 15 January 2024, deposited another 7.7432% on 10 July 2024, and still has the remaining 50% due at the time of taking possession of the project land.
Key Facts
Project Gallery
Milestones
- •Share-sale deadline fixed as 30 September 2024 by decision dated 17 April 2024.
- •Signing money paid on 21 December 2023.
- •Agreement executed with BEZA on 15 January 2024.
- •Additional 7.7432% lease payment deposited on 10 July 2024.
- •A total of BDT 11,97,16,644 has been paid toward the remaining 50% lease money in two installments.
Open Items
- •Sell the remaining shares.
- •Prepare for the final 50% lease payment required at land possession.
- •Before public launch, confirm whether the two available render images are officially approved presentation assets.
Status Note
At this stage, the project is defined more by investment activity, lease payments, and share sales than by verified on-site construction progress.