The Real Estate and Housing Association of Bangladesh
(REHAB), the country’s leading housing sector association, has called for an
immediate ban on unregulated business models that promise to construct and hand
over apartments in exchange for selling portions or shares of land.
The organization warned that nearly 40,000 citizens have
already been affected by such uncertain business arrangements. It also
expressed serious concerns that at least Tk 50,000 crore could become entangled
in leg...
