Dhaka, Aug. 10 -- Afzal Hossain, a resident of a condominium in Shantinagar, enjoys the convenience of daily amenities within his high-rise building and hopes to purchase another flat in a similar complex for his children - an aspiration common among Dhaka's upper-middle-class families.

Since the 1990s, hundreds of housing companies have emerged across the capital, focusing on constructing tall buildings to meet growing demand while aiming to maximise profits. Landowners, unable to build themselves, often seek partial ownership by partnering with developers.

Dhaka Metropolitan Area covers 360 square kilometres, with its two city corporations accounting for 270 square kilometres following administrative changes in 2016. Though this repre...