Bangladesh is a densely populated area. In this country more and more people are migrating to the urban areas. So, urbanization is a common issue due to the both population growth and rural-urban migration. As urbanization increases, more and more people are becoming city dwellers. The ever -increasing urban population is catering an increasing demand for shelter. The right of shelter is a fundamental right.

But it is very difficult on the part of the Government of Bangladesh alone to ensure housing for all. Here comes the need of private sector. With a view to contribute in the solution of this time demanded problem and to strengthen the initiative of the Government of Bangladesh, Urban Property Development Company (PVT.) Limited has been emerged.