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Five developers dropped from REHAB

rehab2REHAB (Real Estate and Housing Association of Bangladesh) is the epic body of developers in the housing sector of Bangladesh. They have decided to cancel membership of five member companies. This decision came from the 21st meeting of the working committee of REHAB. Some plot and flat buyers and landowners complained that these developer companies have taken money but failed to handover plots and flats. REHAB issued show cause notice to these companies several times, but they remained silent.

These companies are Green Delta Housing and Development Private Limited, RSA Real Estate Private Limited, Janata Development and Technologies Limited, Intimate home Builders Limited and Style Real Estate Limited.

From now on these companies can’t show billboard or advertise claiming REHAB membership. They can’t participate in housing fairs in home and abroad arranged by the government and various organizations. They have lost every REHAB facilities including right to vote in REHAB election.

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