In today's fast-expanding property market, real estate developers, housing companies, and land promoters face unprecedented operational complexity. Managing multi-year construction lifecycles, tracking hundreds of client instalment schedules, verifying contractor running account (RA) bills, and ensuring zero property inventory double-bookings require an enterprise-grade digital backbone.
Unova Estate ERP is Bangladesh’s first AI-powered, fully integrated ERP software engineered specifically for the real estate sector. Designed to replace error-prone Excel ledgers and disjointed software tools, Unova Estate unifies every department—from land acquisition to sales pipelines, construction site engineering, and executive accounting—into a single cloud platform.
Learn more about calculating your company's operational savings with our Unova ROI Calculator or explore our Frequently Asked Questions portal.
"Before implementing Unova Estate, managing multi-project instalment schedules and PDC cheques across 12 housing projects was a constant headache. Now, our collections are 91% on-time and we have zero inventory double bookings." — Chief Operating Officer, Premier Housing Developers
1. Overview
The Bangladeshi housing and property development sector operates under distinct structural challenges:
- Multi-Year Financial Lifecycles: Real estate transactions span 3 to 5 years of regular monthly or quarterly instalments. Manually tracking post-dated cheques (PDC) and interest penalties without automated software leads to revenue leakage.
- Joint-Venture Allocation Conflicts: Landowner vs. developer unit sharing ratios must be tracked with strict legal precision to avoid disputes during booking and handover.
- Site Expenditure Waste: Construction material wastage on building sites can erode up to 12% of total project profit margins if store requisitions are not reconciled against baseline Bill of Quantities (BOQ) estimates.
Unova Estate addresses these core vulnerabilities through automated data pipelines, role-based security, and real-time executive dashboards.
2. Key Features & Modules
A. Land Acquisition & Joint-Venture Management
The land module allows developers to record raw land purchases, joint-venture deed terms, mutation status, and Khatian records.
- Landowner Allotment Matrix: Auto-assign specific apartment units or land plots to the landowner according to the agreed ratio (e.g., 50:50 or 40:60).
- Automated Deed Locks: Allotted landowner units are instantly locked from the public sales inventory, eliminating accidental bookings by sales representatives.
B. Dynamic Inventory Locker & Pricing Engine
Managing apartment inventory across multiple sales offices, property agents, and digital campaigns demands instant synchronization.
- Live Inventory Map: Sales executives view color-coded status maps (Available, On-Hold, Booked, Registered, Handed Over) on their mobile devices.
- Instant Unit Locking: When an executive receives a booking token, they can apply a temporary 48-hour lock on the unit directly from the app.
- Dynamic Price & Payment Plan Generator: Automatically compute down payments, monthly instalment amounts, utility connection fees, and car parking charges in seconds.
C. Instalment Collection & PDC Cheque Tracking
Collection efficiency directly determines project cashflow health. Unova ERP automates customer debt ledgers and payment alerts:
- Official WhatsApp & SMS Automation: Automated payment alerts are sent 5 days prior to instalment due dates, reducing default rates by up to 35%.
- PDC Ledger Management: Record post-dated cheque numbers, bank names, and maturity dates. Receive daily automated reminders for cheque deposits.
- Bounced Cheque Penalty Processor: If a cheque bounces, the system auto-posts a bounced status to the customer's ledger, applies configurable penalty fees, and notifies the accounts department.
For deeper insights into automating lead management alongside collection tracking, explore our Sales CRM Solution.
3. How It Works
Unova ERP bridges the gap between the corporate head office, field site engineers, and sales teams.
Bill of Quantities (BOQ) Budget Enforcement
Upload approved architectural and structural BOQ estimates (cement bags, steel rebar tonnage, sand CFT, tiles, electrical fittings).
- Requisition Vs Budget Locks: When a site engineer submits a Material Requisition (MR), the system compares requested quantities against the remaining project BOQ. Requests exceeding baseline estimates are automatically flagged for Manager approval.
- Store Issue Ledger: Real-time tracking of site inventory balances ensures zero material theft or unaccounted stock usage.
- Contractor RA Bill Verification: Contractors submit Running Account bills based on completed site measurements. Unova ERP automatically deducts security deposits, advance recoveries, and source tax (AIT/VAT) before routing net payments to accounting.
Learn more about contractor billing and site tracking on our Construction Milestone Billing Guide.
4. Dashboards & Integration
Unlike generic accounting tools, Unova ERP features real-time analytics and system integrations built for real estate:
- Project Profitability Analysis: View real-time profit and loss ledgers for each individual building or land project.
- Cashflow Forecasting: AI algorithms project future cash inflows based on active instalment schedules and expected site expenditures.
- Role-Based Audit Trails: Track every transaction modification, discount approval, or ledger edit with timestamped user audit logs.
For details on financial governance and payroll integration, read our Finance & Accounts ERP Solution.
5. Implementation Roadmap
Deploying Unova ERP across your organization is executed in four structured phases led by our local implementation engineers:
- Phase 1: Discovery & Data Migration (Week 1–2): Export active customer files, inventory maps, and accounting ledgers using pre-formatted Excel migration templates.
- Phase 2: Configuration & Rules Setup (Week 3): Setup approval hierarchies, SMS/WhatsApp gateways, user roles, and payment penalty formulas.
- Phase 3: User Acceptance & Departmental Training (Week 4): Hands-on workshops for site engineers, sales agents, accountants, and executive directors.
- Phase 4: Go-Live & Post-Launch Support (Ongoing): Transition to live production with dedicated WhatsApp technical support and an assigned Customer Success Manager.
6. Business Impact & ROI
Developers migrating from paper files or generic software to Unova ERP report immediate operational improvements:
| Metric | Industry Average (Manual) | With Unova Estate ERP |
|---|---|---|
| Instalment Collection Speed | 62% On-Time | 91% On-Time |
| Inventory Double-Booking Risk | High | 0% (Guaranteed) |
| Site Material Wastage | 8% – 12% | Under 2% |
| Financial Closing Duration | 15 Days / Month | 1 Day / Month |
Schedule a Personalized Live Walkthrough
Ready to streamline your property development business and boost operational profits? Connect with our solution architects for a tailored system demonstration.
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