Real Estate & Housing Association of Bangladesh
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National Plaza (5th & 6th Floor)
1/G Free School Street, Sonargaon Road, Dhaka - 1205
Tel: (880-2)-9662114, 9662482, 9663458, 9669897, 9677877
Fax: 880-2-9614606

Chittagong Chapter Office
VIP Tower (2nd Floor), 125, Chatteweshary Road, Chittagong
Tel: 880-31-2853522,
Fax: 880-31-2853622

Email: info@rehab-bd.org
Web: www.rehab-bd.org

 

  REHAB Profile

Preamble: In third World Counties, Urbanization is an outcome of population growth and inadequate development. Migration of the people from rural areas towards the cities also increases when their means of livelihood gradually diminishes. Bangladesh is one of the least developed countries of the world, where the basic needs of the people are not addressed effectively. At the present, with the Constitution of our country being extensively and exhaustively discussed by people at all levels, the crucial issues like shelter for all, which is one the basic rights of all citizens, still remain on the back burners. To all intent and purposes, it is not possible for the Government alone to ensure shelter for its people. Therefore, the role of the private sector developers become crucial. In Bangladesh, Real Estate business started its journey in Dhaka some time in the late seventies. During this period, there were only five companies operating in this sector with Eastern Housing and Property Development leading the way. To day Real Estate has emerged as one of the leading industries of Bangladesh contributing 15% of the GDP.

Formation of REHAB: With the number of companies increasing gradually, various problems and difficulties concerning the housing sector cropped up requiring proper attention .To solve these problems and protect the interests of all developers, it was necessary to form an association for the unhindered evolution of the Real Estate Sector. On 12 December,1991 Real Estate and Housing Association of Bangladesh (REHAB) was formed with only 11 members. The objective of REHAB was to promote the Real Estate development in the private sector in Bangladesh.

Present Scenario: REHAB is the only recognized organization for Real Estate Developers in Bangladesh. Most of the Developers operating in the country are members of the association. REHAB is one of the top class members of FBCCI. In the last two years the number of REHAB members more than doubled with the current membership standing at 1081. During this time REHAB also undertook many initiatives for protecting the interests of its members as well as for a steady growth of the Real Estate sector. On REHAB persuasion Government has included a representative of REHAB in Nagar Unnayan Committee which has given us a scope to play an active role in formulating rules and policies related to our sector. Recently RAJUK has included REHAB representative in the “monitoring cells for overseeing Illegal construction in the Dhaka city” This will not only give us opportunity to provide necessary inputs in this important initiative of RAJUK, but will also help protect our member developers from any arbitrary decision by the government officials. With inauguration of REHAB Vision Fair 2010 by Sheikh Hasina, Honorable Prime Minister of Bangladesh, Government attachment and encouragement to activities of REHAB had been proved. As Honorable prime Minister promised, we expect that in the future days Government will take necessary measures for the growth of real estate sector.

REHAB Activities: Each year, REHAB organizes its major annual event “REHAB Housing Fair” both at home and aboard for its members and related institutions and especially for the valued clients. Moreover, it carries out corporate social responsibilities, specially during natural calamity and disaster. To make REHAB credible, it also provides services to the clients through Customer Service Standing Committee. REHAB provides all kinds of assistance to Government and its related departments for formulating national policies, laws and rules of Real Estate Sector. REHAB holds and organizes various seminars, talk shows and meeting along with other professional bodies to improve the sector in general. REHAB also promotes the young students by organizing REHAB Week through extempore speech and art competition. REHAB honors renowned professionals by awarding gold medal for outstanding contribution. Furthermore, yearly blood and eye donation program and rallies are organized to make the city dwellers aware about environment-friendly living. REHAB also publishes quarterly “News Letter” for its members highlighting the activities of REHAB magazine “Shapnil Abashan” is also published for the general people which contains information and views of professionals on Real Estate industry.

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