Block M, Plot 1503
Plot 1503, Road 3, Block M, Bashundhara R/A, Dhaka 1229
Six katha in Block M divided into twelve shares. The newest Bashundhara plot on our books, seven shares still open.
Plot 1503 is six katha on Road 3 in Block M, boarded in August after the title search cleared. Twelve shares, two 1500 sft flats on each of six floors. This is the newest plot on our land share list, which means the widest choice of floor and the longest runway to pay.
Block M is the growing edge of Bashundhara. The main road is finished, the school and the market are within a kilometre, and the plots around 1503 are being built out now rather than in ten years. Buying land here in 2026 and receiving a finished flat in 2030 is the whole idea of the land share, and it is why we open plots at this stage rather than after the area is fully built.
Because piling has not started, the forty eight month plan lines up almost exactly with construction. Your booking amount of 2,40,000 Taka holds the share, the down payment is due when your deed is registered, and the instalments run alongside the building going up rather than ahead of it.
Seven of the twelve shares are open, including both units on the top floor. Bring your own engineer to the site visit if you like. We hand over the soil test report and the approved drawings to anyone who asks.
At a glance
Everything on the deed and the development agreement, in one place.
- Address
- Plot 1503, Road 3, Block M, Bashundhara R/A, Dhaka 1229
- Type
- Residential
- Land area
- 6 Katha
- Levels
- 6 Storied
- Flat size
- 1,500 sft per share
- Units per level
- 2
- Shares
- 12 shares
- Parking
- 12
- Elevators
- 1
- Bedrooms
- 3
- Handover
- June 2030
- Design consultant
- RAJUK enlisted consultant
The plot, share by share
One plot, 12 equal shares. A share is an undivided part of the whole plot, registered in your own name, and it carries one finished flat.
What one share gives you
- A registered undivided share of the land in your own name
- Mutation and the up to date land tax record in your name
- One completed flat on the floor allotted to your share
- One dedicated car parking space
- Gas, water, electricity and lift connections live at handover
- The approved plan, the completion certificate and the handover checklist
How your share is registered
- Visit the plot and read the title file with our legal team
- Reserve your share with the booking amount and pick a payment plan
- Sign the share deed and the development agreement, mutation follows
- Elysium designs, approves, funds and builds while you pay in instalments
- Take handover of your flat with your deed, parking and connections
What we build on it
A six storey residential building with two 1500 sft flats on each floor, one flat for each of the twelve shares.
Handover expected June 2030. The date is written into your agreement.
Project progress
Five stages from the first pile to the day you get the keys.
15% complete
Handover June 2030
- Piling
- Structure15%
- Brickwork
- Finishing
- Handover
Measured on site in September 2026. Handover June 2030, and that month is in the sale agreement.
Features and amenities
All 10 of these are in the build specification and come with the building.
- Power backupStandby generator with full power backup
- LiftPassenger lift with rescue device
- SubstationSubstation and dedicated meter for every flat
- IntercomIntercom from the flat to the main gate
- CCTVCCTV on the entrance, lobby, lift and parking
- Water reservoirUnderground and overhead water reservoir
- Fire safetyFire extinguishers and a smoke detection system
- SecurityGuard post with a dedicated caretaker room
- Community spaceCommunity space on the roof with a water tap and lighting
- RainwaterRainwater drainage and a sewage connection to the sector line
Floor plans
How a level is laid out around the lift and stair core, drawn from the sizes in the specification.
Drag or swipe the plan sideways to see all of it.
Typical layout drawn from the listing's sizes, not an architectural plan.
Where it is
The neighbourhood, and how long the everyday places take.
Nearby
- School6 minutes on foot
- Block market4 minutes on foot
- Mosque3 minutes on foot
- Hospital9 minutes by car
- Kuril flyover12 minutes by car
Walking and driving times are approximate, measured from the plot gate.
Open in Google MapsPayment plans
Pick a plan and change the down payment to see the real monthly figure.
| Plan | Down | On signing | Every month |
|---|---|---|---|
| 12 months | 30% | ৳12,15,000 | ৳2,82,916 |
| 24 months | 25% | ৳9,72,500 | ৳1,51,562 |
| 36 months | 20% | ৳7,30,000 | ৳1,07,777 |
| 48 months | 15% | ৳4,87,500 | ৳85,885 |
Booking amount ৳2,40,000, paid once, counted against the price.
Questions people ask
The 8 that come up in every meeting, answered before you have to ask.
Is the land registered in my name?
Yes. Your share of Block M, Plot 1503 is registered in your name as an undivided share of the plot. The deed is signed at the sub registry office in your name, and Elysium pays the registration cost of the share deed as part of the price you see here.
What about mutation and the land tax record?
Mutation is included. After registration our legal team files the mutation in your name at the AC Land office and hands you the khatian and the DCR. From that point the land tax receipt comes in your name every year, and we remind you when it is due.
What happens if another shareholder stops paying?
Nothing happens to your share. Each share is a separate deed and a separate payment plan, so one shareholder falling behind does not touch your title or your flat. If someone cannot continue, Elysium buys the share back at the price already paid or transfers it to a new buyer, and the construction schedule stays as it is.
Can I sell my share before the building is finished?
Yes. A share can be transferred once the share deed is registered and your instalments are current. You find the buyer or we help you find one, the balance of your plan moves to the new owner, and Elysium charges a flat transfer fee of 50,000 Taka for the paperwork.
How long does construction take?
Block M, Plot 1503 is planned as a six storey residential building with two 1500 sft flats on each floor, one flat for each of the twelve shares. Piling and foundation take about ten months, the structure about fourteen, and finishing about twelve. The handover month is June 2030, and it is written into the development agreement you sign.
Who pays for the development?
Elysium does. The price of your share covers the land only. Design, approval, piling, construction, lift, generator, substation and finishing are all funded by Elysium under the development agreement you sign at the same time as the share deed. You pay for the land and you receive a finished flat.
Do I get car parking?
Yes. One dedicated car parking space comes with every share at Block M, Plot 1503, allotted by draw before handover and written into your allotment letter. Visitor parking is separate and stays common to the building.
What exactly do I receive at handover?
One completed 1500 sft flat, your registered share of the land, one car parking space, and the utility connections. Gas, water, electricity and lift are commissioned before handover, and you get the deed of the flat, the approved plan, the completion certificate and the handover checklist on the same day.
Why you can trust this one
Four things you are handed on paper.
- RAJUK approved plan
- BNBC compliant design
- Written handover date in the sale agreement
- Registered share deed and mutation in the buyer's name
Come and stand on the site before you decide. Tell us a day and our nearest site office will take you round.
Ask about Block M, Plot 1503
Leave your number and our sales desk calls you back. Sales desk open 9 am to 8 pm, seven days.
Or reach us now
Head office
House 12, Road 8, Block C, Bashundhara R/A, Dhaka 1229