Urbi, Desarrollos Urbanos, S.A.B. de C.V. (URBDF) designs, develops, promotes, and markets residential housing complexes targeting low-, middle-, and high-income segments in Mexico; offers real estate development including land acquisition, subdivision, and sales of plots; provides construction management and administration services for third-party projects; and operates under brands such as UrbiVilla, UrbiQuinta, UrbiHacienda, and UrbiClub. The company, founded in 1981 and headquartered in Mexicali, Baja California, maintains operations across northern Mexican states bordering the United States as well as metropolitan areas including Mexico City, Guadalajara, and Monterrey through subsidiaries like Ingenieria y Obras SA de CV and Obras y Desarrollos Urbi SA de CV. In a major strategic shift, Urbi pursued privatization in 2024 via a shareholder-approved share buyback at 111.88 Mexican pesos per share, leading to its delisting from the Bolsa Mexicana de Valores following a significant stock price surge from 8.41 to over 90 pesos, while continuing to focus on affordable housing amid government-backed initiatives like the Housing for Wellbeing plan.