Dhaka Releases New Land: Check Your Eligibility Today

The Dhaka Metropolitan Development Plan has announced the release of 500 acres of land for residential and commercial development, sparking interest among investors, developers, and homeowners. This land release is part of the government's efforts to address the city's growing housing needs and stimulate economic growth.

The land release is significant, given the current state of Dhaka's real estate market. With the city's population projected to reach 20 million by 2025, the demand for housing and commercial spaces is on the rise. The new land release will provide opportunities for developers to build affordable housing, offices, and retail spaces, which will help to ease the pressure on the existing infrastructure. Moreover, the land release is expected to generate significant revenue for the government, which can be used to fund infrastructure projects and public services.

In Dhaka, the land release will be focused on areas such as Uttara, Gulshan, and Motijheel, which are already experiencing rapid growth and development. The Dhaka North City Corporation and the Rajdhani Unnayan Kartripakkha (RAJUK) will be responsible for overseeing the land allocation and development process. Interested parties can apply for land allocation through the RAJUK website or by visiting their office on Segunbagicha Road. Additionally, the Bangladesh Housing and Building Research Institute (HBRI) will provide technical assistance and guidance to developers and homeowners.

According to data from the Bangladesh Bank, the average price of land in Dhaka has increased by 15% over the past year, reaching BDT 15 million per katha. The land release is expected to stabilize the market and provide more affordable options for buyers. As of June 2026, the RAJUK has received over 200 applications for land allocation, with 50% of these applications coming from local developers and 30% from foreign investors. The application process is expected to be competitive, with applicants required to meet strict eligibility criteria, including a minimum investment of BDT 50 million and a proven track record of development experience.

Application Process and Eligibility Criteria

To apply for land allocation, interested parties must submit an application form, which can be downloaded from the RAJUK website, along with supporting documents, including a copy of their national ID, business registration certificate, and a detailed project proposal. The application fee is BDT 50,000, which is non-refundable. The RAJUK will review applications based on a set of eligibility criteria, including the applicant's financial capacity, development experience, and compliance with environmental and building regulations. Successful applicants will be notified within 30 days of the application deadline, which is set for August 31, 2026.

For those interested in applying for land allocation, it is essential to carefully review the eligibility criteria and application process. The RAJUK has announced that it will hold a series of seminars and workshops to provide guidance and support to applicants. Additionally, the HBRI will offer technical assistance and advice to help applicants prepare their project proposals and meet the required standards. With the land release expected to stimulate significant economic growth and development in Dhaka, interested parties should act quickly to take advantage of this opportunity and submit their applications before the deadline.