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Rapid urbanization is a growing challenge for many developing nations, driven by population expansion and inadequate development planning. As rural livelihoods decline, migration toward major cities increases. Bangladesh, one of the least developed countries, continues to struggle to meet essential needs—especially the constitutional right to shelter.
Given the scale of the housing demand, it is impossible for the Government alone to meet the nation’s needs. This reality has made the role of private real estate developers critical. The real estate industry in Bangladesh began its journey in Dhaka in the late 1970s with a few pioneering companies, including Eastern Housing and Property Development. Today, the sector has transformed into one of the country’s most dynamic industries, contributing nearly 15% to the national GDP.
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As the number of real estate companies grew, various sectoral challenges emerged, requiring coordinated and professional attention. To resolve these issues and safeguard the interests of private developers, the Real Estate and Housing Association of Bangladesh (REHAB) was established in 1991 with only 11 founding members.
Its core objective has always been to foster sustainable real estate development in the private sector.
Today, REHAB stands as the only recognized national organization representing real estate developers in Bangladesh. Read More
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