Background

The only Public Listed Company in the country.

Since 1964

The company started operations by developing real estate mostly within Dhaka, the capital of the country.

Eastern Housing Limited (the “company”), was incorporated in 1964 as a Private Limited Company under the Companies Act, 1913. In 1993 the company registered itself with Registrar of Joint Stock Companies and Firms (RJSC) as a Public Limited Company and is one of the largest Real Estate Company in the private sector. The company raised its capital by way of  subscribed IPO of shares and debentures through a prospectus issued in July, 1994.

The company is the pioneer as well as the only Public Limited Company in the country in Real Estate Business under the private sector. It was formed under the leadership of Mr. Jahurul Islam to reduce the housing problems of Dhaka city. It started its work by successfully implementing a project of building 700 houses in Pallabi Thana, Dhaka, and acquiring 910 acres (3.68 square kilometers) of land. It was the first to provide low-cost housing to the residents of Bangladesh (then East Pakistan). Within a short span of time it turned out to be one of the most trusted companies in the housing sector.

The company is involved in developing both residential and commercial properties  including shops, showrooms, office buildings and apartments. It is also one of the leading companies involved in selling plots of land by providing a total infrastructure including electricity, sewerage, gas, water etc. EHL has also done projects outside of Dhaka.

Vision

Mission

1

Establish world class modern habitat by creating maximum value, providing quality land, houses and business premises to contribute sustainable development of the nation.

2

To build and develop environment friendly Apartment, Commercial Buildings and Land development by ensuring the highest standard facilities, safety, architecture, engineering and green technology in keeping with National policy.

Principles

Citizenry
Integrity
Sincerity
Accountability
Transparency

Achievements

Eastern Housing Limited is one of the largest real estate company in Bangladesh leading the real estate industry for the last 58 years.

1964

Eastern Pallabi

Country’s first private sector real estate project

1981

Eastern Siddheswari

Country’s first apartment project.

1986

Eastern Eskaton

Country’s first high rise apartment (20 storied).

1988

Eastern Plaza

Country’s first air-conditioned shopping mall.

1994

Dhaka Stock Exchange

Listed in Dhaka Stock Exchange.

1996

Chittagong Stock Exchange

Listed in Chottogram Stock Exchange.

2012

Corporate Logo

Rebranding of corporate logo.

2014

Jahurul Islam City

Country’s biggest approved self contained development.

1928-1995
Founder Chairman

Jahurul Islam

Jahurul Islam (1928-1995) businessman, entrepreneur and social activist was born in Bhagalpur village of Bajitpur thana under Kishoreganj district on August 01, 1928.

Jahurul Islam began his career as a first class contractor. He established Bengal Development Corporation (BDC) which over time grew into a great construction company. He could foresee the housing problem in Dhaka in near future as a result of its very fast population growth and urbanization and development spree and in 1964 he established the first real estate organization in the country namely Eastern Housing Ltd. Till 2022,  Eastern Housing Limited has built more than 6200 residential and 4800 commercial units. In addition to that, EHL has developed more than 2100 Acres of land in the housing arena.

Later He established ‘ Islam Group’. Since then Islam Group has diverged into multidimensional sectors including engineering, construction, trading and manufacture. The group, over the years, concentrated in other sectors including pharmaceuticals, real estate, finance, construction and agricultural sector.

Through the variety of his concerns, Jahurul Islam has shown diversified thinking capability that no one in his generation possessed. His unique farsightedness has paved the way not only for real estate but for industrial development in Bangladesh.

Besides being good businessman, he was also a humanitarian. He founded Jahurul Islam Medical College and Hospital (JIMCH), for the betterment of the country. Although the institute officially began in 1992, the hospital service started as early as 1989. It had huge capacity of holding patients, more than 500 beds with both emergency and normal hospital facilities; no kind of injury was ever rejected for treatment. Modern and intensive case has been offered ever since its establishment. Jahurul Islam Medical College has also earned foreign reputation by admitting approximately 30 students every year. Till 2022, Jahurul Islam Medical College and Hospital Bangladesh has served more than 7.6 Million patients.

Jahurul Islam died on 19 October 1995 in Singapore. He was buried at his village home, Bhagalpur. He is survived by a son and four daughters. At present, his son Manzurul Islam is the Chairman of Islam Group, the consortium of enterprises founded and nourished by Jahurul Islam.

Board of Directors

Chairman

MANZURUL ISLAM
Director

SURAIYA ISLAM
Director

ABU LUTHFE FAZLE RAHIM KHAN
Director

MD. ABDUR RAHIM CHOUDHURY
Director

MD. ABDUL WADUD
Director

MD. MOSTAFIZUR RAHMAN
Independent Director

KASHEM HUMAYUN
Independent Director

MD. RAFIQUL ISLAM

Chairman

MANZURUL ISLAM

Mr. Manzurul Islam was appointed to the board in 1993. He became the Chairman in 1995 and still serving as the Chairman of the Board. Mr. Islam has gained over 34 years of experience and knowledge in managing various businesses in Bangladesh.

Mr. Manzurul Islam is the Chairman of Islam Group – the Group comprises of Aftab Bahumukhi Farms Limited, Aftab Feed Products Limited, Aftab Hatchery Limited, Aftab GP Farms Limited, Bengal Development Corporation Limited, Navana Pharmaceuticals Ltd,  Jahurul Islam Medical College, Islam Brothers Properties Limited, IG Foods Limited, River View Limited, Bhagalpur Holdings Limited, Aftab Hatchery Northern Limited and Aftab Breeder Northern Limited. Mr. Islam is also the Sponsor Director of LafargeHolcim Bangladesh Limited.

Former Chairman of IFIC Bank Ltd and Vice Chairman of Bangladesh Association of Banks Mr. Islam was the President of France Bangladesh Chamber of Commerce & Industry (CCIFB) and currently he is Member of the Executive Committee of Bangladesh Association Publicly Listed Companies (BAPLC).

Born in 1961, Mr. Islam is an Economics Graduate from the University of London, UK. He received awards as one of the best entrepreneur personalities of the country in consecutive years in 2003 and 2004 and best young entrepreneur personality of the year in 2005.

Director

SURAIYA ISLAM

Mrs. Suraiya Islam is the wife of Late Jahurul Islam, the founder chairman of Eastern Housing Limited. She has been holding the position of Director since inception of this company.

She is a Director in different concerns of Islam Group. She had also been involved in the group overseas activities in London, Abu Dhabi and Yemen.

She studied in Holy Cross College, Dhaka and during her career she has been involved in many herself in different activities of the Company.

Director

ABU LUTHFE FAZLE RAHIM KHAN

Mr. Abu Luthfe Fazle Rahim Khan was appointed in the Board as Nominated Director from Islam Brothers Properties Limited on 26.02.2019. He is also a member of the Nomination and Remuneration Committee.

Mr. Khan having more than 30 years of experience in managing various businesses in Bangladesh. Now he is the Managing Director of Aftab Bahumukhi Farms Ltd., Aftab Feed Products Ltd., Aftab Hatchery Ltd., Aftab Hatchery Northern Ltd., Aftab G.P Farms Ltd., IG Foods Ltd. and Additional Director General of Jahurul Islam Medical College and Hospital.

Mr. Abu Luthfe Fazle Rahim Khan is actively associated with different National and International business association. He is the President of World Poultry Science Association, Bangladesh Branch (WPSA-BB) and Sr. Vice President of Feed Industries Association of Bangladesh (FIAB), EC Member, Breeder Association of Bangladesh (BAB), Member, Bangladesh Poultry Industries Co-ordination Committee (BPICC) and also EC Member of Breeders Association of Bangladesh (BAB), Bangladesh Poultry Industries Co-ordination Committee (BPICC) and also FBCCI Standing Committee relating to Ministry of Agriculture (Marketing & Research).

Mr. Khan obtained Masters of Commerce (M.COM) degree in Management from Faculty of Business, University of Dhaka.

Director

MD. ABDUR RAHIM CHOUDHURY

Mr. Md. Abdur Rahim Choudhury was appointed in the board as Nominated Director from River View Limited on 26.02.019. He is also a member of the Audit Committee and Nomination and Remuneration Committee.

Mr. Choudhury joined Bengal Development Corporation (BDC) – a concern of Islam Group, in 1976 in its Abudhabi overseas 5000 Housing projects. Thereafter he was transferred to Sanaa, North, Yemen in 1982. Thereafter he posted in Baghdad, Iraq in 1986 as Regional Manager and In charge of Baghdad Head Office. There he worked in Trunkey project in Al-karim & Akashat. In 1990 he posted BDC Head office as Chief Accountant and subsequently promoted as Operative Director (Finance) in 1996. In 2007 he was promoted as Finance Director of BDC. In 2009 he entrusted with the responsibility of the Head of Central Finance Division of Islam Group.
Prior to joining the Islam Group he served in erstwhile EPIDC, Govt. Sector Corporation in Gas & Mineral Division from 1967 to 1976. During his long association with Islam Group he has been playing a vital role in the development of different concern of Islam Group.

Mr. Choudhury obtained Masters of Commerce (M.COM) degree in Management from Rajshahi University.

Director

MD. ABDUL WADUD

Mr. Md. Abdul Wadud was first appointed as Member of the Board of Directors in 2004. Subsequently in 2011 he represent in the Board as Nominated Director of Islam Brothers Properties Limited. He is also a member of the Audit Committee of the Board.

He had been appointed as Operative Director (Finance) of Eastern Housing Limited in 1991. He played vital role in the Accounts and Finance department of Eastern Housing Limited.

Prior to joining Eastern Housing Ltd. he had served as Chief Accountant in Crescent International Ltd and Bengal Development Corporation Ltd. He obtained Bachelor of Commerce in Accounting from Dhaka University and completed Group – I of Chartered Accountancy Practical Training in 1964. He had been the Chief Financial Officer of Bengal Development Corporation Limited’s 90 km Sila-Duwaginand highway 5000 housing project in UAE.

Director

MD. MOSTAFIZUR RAHMAN

Mr. Md. Mostafizur Rahman was first appointed as Member of the Board of Directors in 2004. Subsequently in 2011 he represent in the Board as Nominated Director by Islam Brothers Properties Limited. He is also a member of the Audit Committee.

He is a business professional for a period of over 40 years. He holds Bachelor’s degree in Arts.He is the proprietor of M/s. Mostafizur Rahman, a construction company and Hotel Shahina.

Independent Director

KASHEM HUMAYUN

Mr. Kashem Humayun was appointed as Independent Director of Eastern Housing Limited in 2018. He is the Chairman of the Nomination and Remuneration Committee and a member of the Audit Committee.
Mr. Kashem Humayun has a MA Degree in Journalism from Dhaka University. He has been working as a professional journalist for last 46 years. He is the Managing Editor of The Daily Sangbad. During his long career as journalist he has written so many articles on National and International issues like Politics, Economics, Banking and Power sector which has been published in national dailies.
Mr. Kashem Humayun was Member of the Board of Directors of Sonali Bank Limited from 2010 to 2016 and Jiban Bima Corporation. He is now the Director of Agrani Bank Limited.
Mr. Humayun in connection with his profession has visited many countries including USA, UK, Germany, France, Italy, Australia, Thailand, Singapore, Malaysia, India, Saudi Arabia, etc.

Independent Director

MD. RAFIQUL ISLAM

Mr. Md. Rafiqul Islam was appointed as Independent Director of Eastern Housing Limited on September 19, 2019. He is the Chairman of the Audit Committee of the Board.

Mr. Md. Rafiqul Islam, a retired Joint Secretary, did his Masters in Economics with Honours from Dhaka University in 1969. He also obtained MSS degree in Development Administration from University of Birmingham, UK. Mr. Islam served in the Government of the People’s Republic of Bangladesh about 30 years in different ministries. He served as Deputy Commissioner & District Magistrate at Chuadanga and Mymensingh. He also worked as Chairman JUBOK Commission under Banking Division, Ministry of Finance.
Mr. Islam during his long career participated in several foreign Training, Workshop and Seminars held in India, Sri Lanka, Switzerland, Sweden Canada, UK and USA.

Management Team

Managing Director

DHIRAJ MALAKAR
Deputy Managing Director

Dr. Khondakar Showkat Hossain
Chief Financial Officer

MD. ASADUL ISLAM FCA, FCS
Company Secretary

SALIM AHMED, FCS
Head of Internal Audit and Compliance

MD. MONIRUZZAMAN
Senior Executive Director (Apartment)

AKM SAHADAT HOSSAIN MAJUMDER
Director (Construction)

DAWAN SHAHENUL KABIR
Executive General Manager (Material Procurement Division)

DULAL CHANDRA SARKER
Executive Director

Mizanur Rahman Khan
Executive Director (Land Development)

Engr. Zahanul Haq Chowdhury
Director (Land Settlement & Mutation)

Md. Al Amin
Operative Director & Chief Architect Planning & Design Department

Anwarul Haq Chowdhury

Managing Director

DHIRAJ MALAKAR

Mr. Dhiraj Malakar was first appointed as Managing Director of Eastern Housing Limited on 23rd November, 2010. Before assuming the office the Managing Director, he worked as an advisor to Eastern Housing Limited.

Mr. Malakar, former Secretary, Ministry of Food and Disaster Management served 35 years in the public sector in different capacities in the field level as well as a policy level of the Government of People’s Republic of Bangladesh.

He served as a Deputy Commissioner & Joint Secretary in different ministries such as Ministry of Industry, Sports and Youth, Ministry of Planning & Member, Planning Commission. He is well versatile in Land Management and Land Regulatory subjects through his employment in the Land Regulatory Department of the Government in different capacities.

Deputy Managing Director

Dr. Khondakar Showkat Hossain

Dr. Khondakar Showkat Hossain joined in Eastern Housing Ltd. on 1st December 2020
as Deputy Managing Director.

Dr. Hossain a former Secretary to the Government worked as Secretary, Ministry of
Housing & Public Works and Ministry of Expatriates’ Welfare & Overseas Employment.
He also served as Chairman of a Public Bank: “Probashi Kallyan Bank. During his 33
years in the Civil Service he also served as Divisional Commissioner, Dhaka, Joint
Secretary (APD), Ministry of Public Administration and in various capacities in the
Bangladesh Secretariat as well as in the field level administration.

Dr. Hossain has considerably wide experience in Land Laws and Criminal adjudication.
Dr. Hossain got many International and Local trainings in various reputed institutions
which include: British Civil Service College, Singapore Civil Service College, United
Nations Asia and Far East Institute (UNAFE) in Fucho, Japan. He also took higher course
on Development Economics in Bradford University, UK.

He was avarded PhD degree from Dhaka University with the thesis titled:
“Socio-Economic Impact of Permanent Settlement. 1793*.

Chief Financial Officer

MD. ASADUL ISLAM FCA, FCS

Mr. Asadul Islam joined in Eastern Housing Ltd. in 2012 as Chief Financial Officer. A Masters in Commerce (Accounting), Mr. Asadul Islam qualified Chartered Accountancy in 2001 and Chartered Secretary in 2002.

Prior to his joining in EHL he served in Navana Group as Operative Director. Besides, he was Chief Financial Officer (CFO) of both Aftab Automobiles Limited and Navana CNG Limited. He also worked in Abdul Monem Limited as Head of Finance and Quasem Group as Deputy Controller of Accounts. Mr. Islam has more than 20 years’ experience in Accounting, Finance, HR and Corporate Governance.

Mr. Islam is a Fellow Chartered Accountant (FCA) of the Institute of Chartered Accountants of Bangladesh (ICAB) and Fellow Chartered Secretary (FCS) of the Institute of Chartered Secretaries of Bangladesh (ICSB).

Company Secretary

SALIM AHMED, FCS

Mr. Salim Ahmed, a Fellow Member and Council Member of the Institute of Chartered Secretaries of Bangladesh (ICSB), joined Eastern Housing Limited on 3rd January, 2016 as Company Secretary.

Mr. Ahmed has more than 26 years’ experience in Corporate Affairs. Prior to joining this Company he worked in Surovi Group as Group Company Secretary. He worked in Dhaka Insurance Ltd. as Company Secretary and Head of Administration & Establishment from 2000 to 2011. He started his career with Janata Insurance Company Ltd. in 1990 as Jr. Officer and before leaving that Company in 2000 he was In-charge of Board, Share & Establishment Department.

A Masters in Science (Soil Science) from Dhaka University Mr. Ahmed obtained the Chartered Secretary professional degree from the Institute of Chartered Secretaries of Bangladesh (ICSB) in 2005.

Head of Internal Audit and Compliance

MD. MONIRUZZAMAN

Mr. Moniruzzaman was appointed as the Chief Internal Auditor of Eastern Housing Limited on November 01, 2012. He joined EHL as Internal Auditor in 2010.

Prior to joining Eastern Housing Limited he worked in Flora Limited. He Completed three years articled studentship on October 2007 with M/s Aziz Halim Khair Choudhury (AHKC), Chartered Accountants.

He obtained CA Professional Stage 1 (Knowledge Level) from The Institute of Chartered Accountants of Bangladesh and is listed as Income Tax Practitioner (ITP) under National Board of Revenue (NBR). In addition he holds Masters in Accounting (M.Com) from the Jagannath University.

Senior Executive Director (Apartment)

AKM SAHADAT HOSSAIN MAJUMDER

Mr. AKM Sahadat Hossain Majumder joined Eastern Housing Limited on 1st June, 2020 as Senior Executive Director. He is the In-charge of the apartment unit of EHL. He plays a pivotal role for Business development, Sales, Marketing and project monitoring. He actively participated in different local and international real estate fairs.

Mr. AKM Sahadat Hossain Majumder started his carrier with Pfizer Labs (Bangladesh) Ltd. in 1991. During his 18 years’ career in real estate sector he served in Rupayan Housing Estate Ltd. as Manager from 2003 to 2006, Assurance Developments Ltd. as Sr. Manager from July 2006 to June 2007, Building Technology and Ideas Ltd (bti) as Executive Director from 2007 to 2012, Anwar Landmark Ltd. as Executive Director from 2012 to 2018. Prior to joining this Company he worked in Property Link Ltd. as Chief Executive Officer.

A Masters in Economics from Dhaka University Mr. Majumder also obtained Diploma in Marketing Management from Bangladesh Institute of Management in 2005.

Director (Construction)

DAWAN SHAHENUL KABIR

Engr. Dawan Shahenul Kabir has been with this Group since 1997. He currently heads the Construction Department of Eastern Housing Ltd. and has been with Real State for more than 20 (Twenty) years.

Prior to joining Eastern Housing Ltd. He worked in various Residential & Commercial Building Project at Abu Dhabi in UAE for about five years. He also worked in some Projects of Bangladesh Water Development Board, RAJUK & MES (Navy).

Mr. Kabir obtained graduation in Civil Engineering from CUET (Batch-1982). He also completed a program of Postgraduate certificate Course in Construction Management at BRAC University.

Executive General Manager (Material Procurement Division)

DULAL CHANDRA SARKER

Engr. Dulal Chandra Sarker has joined Bengal Development Corporation (BDC) under Islam Group in 1998. Later on he was been transferred to Eastern Housing Limited in 2012 and since then he has been working in Material Procurement Division (MPD). Currently he is the General Manager of MPD and In-charge of EHL Development Division (MPD).

He started his career with BDC-NCE-FF Cruz (Philippine), a joint venture project engaged in construction of Roads and Bridges under Roads and Highways Department in 1993 as Assistant Engineer.

He has completed his B.Sc. Engineering (Civil) from Chittagong University of Engineering & Technology (CUET) in the year 1992.

Executive Director

Mizanur Rahman Khan

Mizanur Rahman Khan joined in Eastern Housing Limited on 19th September 2019
in the legal department.
He completed B.S.S (Hons), M.S.S, LL.B from Dhaka University. Then he appeared
in 7th Bangladesh civil service examination (BCS) in the year 1985 and with a
successful result joined in Bangladesh judicial service in 1988.
He served 31 years as judicial officer in different capacities such as Assistant
Judge, Senior Assistant Judge, Joint District and Sessions Judge, Additional District
& Sessions Judge and District & Sessions Judge in different District. Mr Khan worked
as Deputy Secretary (admn.) in Law & Justice Division in the ministry of law, Justice and Parliamentary affairs efficiently for
a long time. He was posted as Senior District & Sessions Judge in Bagerhat District & Manikgonj District and performed his
responsibility with honesty, integrity & sincerity.
Prior to joining Eastern Housing Limited he was Divisional Special Judge in Dhaka. In his professional life he took part
various trainings including land management in home & abroad. In his service life he disposed of many civil cases, civil
appeals and important Criminal cases and he gathered vast knowledge in respect of land management.

Executive Director (Land Development)

Engr. Zahanul Haq Chowdhury

Engr. Zahanul Haq Chowdhury, B.Sc.Engg.Civil (BUET Batch 1974) F-4831joined EHL Land Development on June 2021. He also worked as head of

construction EHL Apartment from 2011 to 2018. Engr. Zahanul H. Chowdhury worked as Chief Engineer of 22-storied World Trade Centre at Chittagong. As head of construction (Executive Director) of EHL Apt. Div. completed several high-rise buildings. Worked as Project Manager, WDB hydraulic structures & PDB for Greater Chittagong Power Project Asphaltic Bitumen Plant of Bangladesh Petroleum Corporation at Eastern Refinery.

Engr. Zahan Chowdhury previously worked as Highway Engineer in Saudi Arabia and Iraq for the construction of Expressway, Highway, Flyover, Bridge & Viaduct. Resident Engineer of Consultant at Tigerwoods Dubai Golf Resort Project. Engr. Chowdhury also worked as Project Manager Dhaka Sylhet Road (National Highway N-2), Satkhira-Bhetkhali Road (Regional Highway) and RE of consultant, Jamuna Bridge Access Road Project & Cost Engineer of Padma Bridge pre-feasibility with Rendel, Palmer & Tritton of UK. During this 47years of Professional life, undergone through several training program such as non-destructive Integrity test of concrete structure & strengthening of structure by Epoxy treatment. Mix design of Concrete and Asphalt, Highway survey & geometric design, Pavement design and Project Management Course.

Director (Land Settlement & Mutation)

Md. Al Amin

Mr. Md. Al Amin joined in Eastern Housing Limited on 24th February 2019. He is currently working as Director in Land Settlement & Mutation Department.
Prior to his joining in Eastern Housing Limited, he was a Joint Secretary to the Government of Bangladesh and served in different divisions/ministries holding the
post of AC (Land), Senior Assistant Commissioner, NDC, 1st Class Magistrate, Upzila Nirbahi Office, Additional Deputy Commissioner, Deputy Commissioner,
Additional Divisional Commissioner at Sylhet and Dhaka Division.

He completed M.Sc in Zoology from University of Rajshahi. During his service in the Government of Bangladesh he attended number of training and workshops in home and abroad on Law & Administration, Land Management, Disaster Management, Administration & Development etc.

Operative Director & Chief Architect Planning & Design Department

Anwarul Haq Chowdhury

Mr. Anwarul Haque Chowdhury has joined Eastern Housing Limited on 19th December 2022 as Chief Architect in Planning & Design Department. Currently he his working as Operative Director of Planning & Design Department of EHL. He obtained his Bachelor of Architecture from Bangladesh University of Engineering & Technology (BUET),in the year 1992 & Master’s in Building Science (M.Sc) from National University of Singapore (NUS) in the year 2001.

Mr. Chowdhury has over 30 years professional experience in the field of Architecture. Prior to his joining in EHL he served in Navana Real Estate Ltd. as Deputy General
Manager in Architecture Department. He also worked in Anwar & Associates, Rangs Properties Ltd, Concord Architect & Engineers in Bangladesh & TAA Architects
PTE Limited and Housing & Development Board in Singapore. Mr. Anwarul Haque Chowdhury is a Fellow Institute of Architects, Bangladesh (IAB), Dhaka, Bangladesh (FIAB Registration No. C-021).