Rupayan Group has been elected to develop the land of around 46 Bigha beside the Police Housing Society and Pink City at Bashundhara, Block N.
On November 19, at the general meeting of the North South Society at Gulshan Club, the members agreed to assign the responsibility to Rupayan Group.
In continuation of this, the convener of the project implementation committee Brigadier General (Retd.) Md. Abdul Hamid and the chairman Anwar Hossain of North South Society invited Rupayan Group to join venture to develop the city on November 22.
Rupayan City CEO M Mahbubur Rahman said that an official agreement in this regard will be signed between North South Society and Rupayan City Development Limited at Hotel Sheraton, Banani in the capital on 5 December 2022.
It may be noted that Rupayan Group's city brand “Rupayan City” has already given a phase handover byRupayan City Uttara, the country's first premium mega gated community.