The interim government of Bangladesh has issued new regulations eliminating the requirement for prior approval from authorities such as RAJUK and NHA for the transfer, sale, donation, or mortgage of residential plots and flats. The Ministry of Housing and Public Works published the gazette notification on November 10, making the rules effective immediately. The reform aims to simplify services, reduce bureaucratic delays, and curb corruption in property ownership transfers. Under the new rules, property owners will no longer need approval from the leasing authority for ownership changes, though permissions will still be required for changes in land use or plot amalgamation. A transfer fee of 2% for developed plots or buildings and 5% for land-only transfers will apply. Owners must submit transfer records to the leasing authority within 90 days, with penalties for delays. The lease term will automatically renew after 99 years. However, existing approval requirements remain for non-residential properties and disputed or government-linked plots.