Eastern Housing Limited (the “company”), was incorporated in 1964. The company is the pioneer as well as the only Public Limited Company in the country in Real Estate Business under the private sector. Eastern Housing Limited is one of the earliest members of the REHAB Association, the central body for private sector developers in Bangladesh. 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 km2) of land. It was one of 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 company in the housing sector.