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.
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