Last Updated: July 10, 2025
Foresight Developments Limited ("we," "us," or "our") is committed to protecting the privacy and personal information of our clients, partners, and website visitors. This Privacy Policy outlines how we collect, use, store, disclose, and protect your personal information in compliance with applicable laws in Bangladesh, including the Digital Security Act 2018, and other relevant regulations. By using our services, website, or engaging with us, you agree to the terms of this Privacy Policy.
1. Information We Collect
We may collect the following types of information:
a. Personal Information
- Identity Data: Full name, date of birth, nationality, and identification numbers (e.g., NID, passport).
- Contact Information: Email address, phone number, mailing address, or other contact details.
- Financial Information: Bank account details, payment information, or credit information for transactions related to property purchases or services.
- Professional Information: Occupation, income details, or other relevant data for assessing eligibility for property purchases or financing.
b. Non-Personal Information
- Website Usage Data: IP address, browser type, device information, pages visited, and time spent on our website.
- Cookies and Tracking Technologies: Data collected through cookies or similar technologies to enhance user experience and analyze website performance.
- Marketing Preferences: Information about your preferences for receiving promotional materials or communications.
c. Information from Third Parties
We may collect information from third parties, such as credit agencies, financial institutions, or public records, to verify your identity or assess eligibility for our services.
2. How We Collect Information
We collect information through:
- Direct Interactions: When you fill out forms, sign contracts, request information, or communicate with us via email, phone, or in person.
- Website Interactions: Through our website (e.g., www.foresightdevelopments.com), including online forms, inquiries, or cookies.
- Third Parties: From partners, service providers, or publicly available sources, such as government registries or financial institutions.
3. How We Use Your Information
We use your information to:
- Process property transactions, including sales, leases, or rentals.
- Provide customer support and respond to inquiries.
- Verify your identity and conduct due diligence for legal and financial purposes.
- Send marketing communications, such as newsletters or project updates, with your consent.
- Improve our website, services, and customer experience through analytics.
- Comply with legal obligations, such as tax reporting or anti-money laundering regulations.
4. Legal Basis for Processing
We process your personal information based on:
- Consent: When you provide explicit consent, such as for marketing communications.
- Contractual Necessity: To fulfill contracts, such as property purchase agreements.
- Legal Obligations: To comply with laws and regulations in Bangladesh.
- Legitimate Interests: For purposes like improving our services or preventing fraud, provided your rights are not overridden.
5. Sharing Your Information
We may share your information with:
- Service Providers: Third parties who assist with payment processing, legal services, or IT support, bound by confidentiality agreements.
- Government Authorities: As required by law, such as for tax or regulatory compliance.
- Business Partners: For joint ventures or projects, with your consent or as part of a contract.
- Successors: In case of a merger, acquisition, or sale of assets, your information may be transferred to the new entity.
We do not sell your personal information to third parties.
6. Data Storage and Security
- Storage: Your information is stored securely on servers located in Bangladesh or with trusted cloud service providers that comply with data protection standards.
- Security Measures: We implement industry-standard measures, including encryption, access controls, and regular security audits, to protect your data from unauthorized access, loss, or misuse.
- Retention: We retain your information only for as long as necessary to fulfill the purposes outlined in this policy or as required by law.
7. Your Rights
Subject to applicable laws in Bangladesh, you have the right to:
- Access: Request a copy of the personal information we hold about you.
- Correction: Request correction of inaccurate or incomplete information.
- Deletion: Request deletion of your data, subject to legal or contractual obligations.
- Objection: Object to the processing of your data for specific purposes, such as marketing.
- Data Portability: Request your data in a structured, commonly used format.
To exercise these rights, contact us at foresightdevelopmentsltd@gmail.com.
8. International Data Transfers
If we transfer your data outside Bangladesh (e.g., to cloud service providers), we ensure appropriate safeguards are in place, such as data protection agreements, to comply with applicable laws.
9. Cookies and Tracking Technologies
Our website uses cookies to enhance user experience and collect analytics. You can manage cookie preferences through your browser settings.
10. Third-Party Links
Our website may contain links to third-party sites. We are not responsible for their privacy practices. Please review the privacy policies of those sites before providing personal information.
11. Changes to This Privacy Policy
We may update this Privacy Policy from time to time. Changes will be posted on our website with the updated date. Your continued use of our services after changes indicates your acceptance of the updated policy.
12. Contact Us
For questions, concerns, or to exercise your rights, please contact:
Foresight Developments Limited
Address: House 12, Road 9, Monsurabad R/A, Adabor, Dhaka, Bangladesh
Email: foresightdevelopmentsltd@gmail.com
Phone: +8801713141595
If you believe your privacy rights have been violated, you may file a complaint with the relevant authorities in Bangladesh.
This Privacy Policy is subject to the laws of Bangladesh and may be updated to reflect changes in legal or regulatory requirements.