Our Story: 50+ Years of Concord | Luxury Apartments in Dhaka Since 1972

A historybuilt withBangladesh

Since 1972, Concord has rebuilt bridges, raised Dhaka's first towers and built the National Martyrs' Memorial in 89 days. Today it builds luxury apartments across Dhaka and Chittagong.

Move across the monument
50+Years of building
1,200+Projects completed
10,000+Units handed over
AA+Credit rating
Concord construction site in 1972, the early years of Concord Real Estate's history
01 — Where the journey began

1972: from a small team to an enduring institution

Concord began its journey in 1972, soon after the independence of Bangladesh, as a small construction company with a team of around 10–15 people under engineer SM Kamaluddin. Bangladesh was a newly independent nation, and the local construction industry was still developing its technical capacity. From the beginning, one principle guided the company: "No compromise with quality." Concord was formally established on pen and paper in 1975.

Its early years set a pattern that would continue throughout the company's history: technically demanding assignments, infrastructure work, disciplined execution, and a willingness to adopt better construction methods when conventional approaches were not enough. In those years the founder sometimes pawned personal belongings to pay workers on time — a habit of keeping promises that became Concord's standard.

  • 1972–1976
    Bridges on the Dhaka–Chittagong Highway

    Repair and reconstruction work including the BM School Bhatiari Bridge and Madan Mohan Bridge, reconnecting a newly independent country.

  • Early years
    Warehouse, Chittagong Port

    Bangladesh's first folded-plate structure turnkey project of its kind.

  • 1972
    VVIP Rest House Complex, Hiron Point

    Built in the Sundarbans, among Concord's earliest completed assignments.

  • 1976
    Officers' Mess, Navy Headquarters, Dhaka

    Part of Concord's early work with fair-faced concrete construction.

Sources: The Daily Star, Bangladesh Monitor

No compromise with quality.

The principle Concord was founded on, and still works by.

Film

Fifty years of Concord

From war-damaged bridges to the skyline of Dhaka, in the words of the people who built it.

02 — Building institutions. Building a nation.

1977–1986: a decade of major national projects

As Bangladesh developed, Concord's portfolio expanded across defence, aviation, public institutions, corporate buildings and national landmarks. The work became larger, more complex and increasingly visible across the country.

Married Officers' Quarters, Navy Headquarters, Dhaka

Bangladesh's first 12-storey residential accommodation, and a design-build project delivered directly by Concord.

Hazrat Shahjalal International Airport main passenger terminal built by Concord

Hazrat Shahjalal International Airport

Concord built the Main Passenger Terminal Building at the airport, the country's main gateway to the world.

Sources: Dhaka Tribune, The Daily Star

Sonargaon Hotel, BSEC Bhaban and BTV

1979 brought three very different assignments: the low-rise block of Sonargaon Hotel, built in association with Shimizu Construction Co. Ltd., Japan; BSEC Bhaban, the head office of Bangladesh Steel & Engineering Corporation at Karwan Bazar; and Bangladesh Television works, including the channel transmission building, auditorium and relay-station projects.

Bangladesh Shilpa Bank Bhaban, Motijheel, built by Concord, a 20-storey high-rise

Bangladesh Shilpa Bank Bhaban

A 20-storey high-rise project at Motijheel where Concord replaced conventional bamboo props and wooden formwork with steel props and scaffolding systems — and the city's high-rise era began.

Sources: The Daily Star, Bangladesh Monitor

National Martyrs' Memorial, Savar, built by Concord in 89 days

National Martyrs' Memorial, Savar — completed in 89 days

Designed by Syed Mainul Hossain, the National Monument at Savar became one of the defining projects of Concord's early history. Against a challenging target period of 90 days, Concord completed the project in 89 days — an achievement that reflects a quality seen repeatedly in Concord's work: the ability to take on technically demanding projects under exceptional time constraints. The founder called it an honour greater than any award.

Sources: The Daily Star, Dhaka Tribune

Jiban Bima Tower, Motijheel, a 22-storey tower built by Concord

Helping shape a new skyline

Between 1980 and 1983, a series of major high-rise projects became part of Dhaka's emerging skyline: Bangladesh Shilpa Bank Bhaban, a 20-storey building (1980); Jiban Bima Tower, a 22-storey tower (1983); and Janata Bank Bhaban, the 24-storey head-office building at Motijheel (1985).

Sources: The Daily Star, Wikipedia

Engineering against the clock

Speed under pressure became a recurring Concord signature.

  • National Monument, 1982
    Target: 90 days

    Completed in 89 days.

  • VVIP Terminal, 1983
    Airport VVIP Terminal Building

    Completed in 7 months and 15 days.

  • Bangabhaban, 1985
    Ceiling renovation

    A ceiling-work schedule expected to take 21 days was reduced to seven, through a specially developed cutting method.

720-foot telecom tower in Singapore built with Concord

Taking Bangladeshi construction expertise overseas

Concord participated in the construction of a 720-foot Telecom Building in Singapore, in association with Mitsui Construction Co. Ltd., Japan — an important international chapter in Concord's engineering journey, and at the time the only 720-foot structure built abroad by a Bangladeshi company.

Sources: Dhaka Tribune, Wikipedia

Third Terminal, Hazrat Shahjalal International Airport

Back at the airport: the Third Terminal

Four decades after the first terminal, Concord contributed to the construction of the airport's new Third Terminal.

03 — A history of innovation

When a challenge demanded a better way, Concord built one

Innovation at Concord often grew directly from the needs of a project. When existing materials, systems or construction methods were not enough, the company developed new capabilities — and in several cases created new businesses around them. Scroll to explore.

Concord ready-mix concrete plant
1990

Ready-mix concrete

Commercial introduction of Ready-Mix Concrete and Transit Mixers, Bangladesh's first concrete batching plant, for consistent quality on every pour.

Concord green concrete blocks
1998

Environment-friendly blocks

Commercial production of concrete blocks began as an alternative to kiln-burnt clay bricks, years before the government began phasing clay bricks out.

Lake City Concord township, where Reinforced Concrete Block Masonry and the compact sewage treatment system were installed
2003–06

RCBM & compact sewage treatment

Reinforced Concrete Block Masonry (RCBM), for load-bearing buildings up to 18 storeys, and an Aqua Pac biological sewage-treatment plant — both first used in Bangladesh at Lake City Concord.

Bangladesh Shilpa Bank Bhaban, Motijheel, where Concord introduced steel tubular formwork
1980–81

Steel tubular formwork

Advanced steel tubular formwork and scaffolding replaced bamboo props and unsafe conventional scaffolding on high-rise sites.

World Trade Centre, Chittagong, built with top-down construction
—

Top-down construction

Introduced at the World Trade Centre, Chittagong, for deep high-rise foundations where the soil strata were soft or poor.

—

Integral waterproofing

Concord first introduced the use of an integral water proofer in Bangladesh, to make watertight concrete construction.

—

Modern ceiling systems

Gypsum-board T-bar and decorative ceiling systems replaced conventional hardboard ceilings, as a fire-resistant alternative.

1980–81

Aluminium doors and windows

Lighter, non-corrosive, paint-free aluminium doors and windows replaced conventional iron flat-bar doors and windows.

—

A revolving restaurant

A 71-metre tower in Chittagong with the country's first revolving restaurant, Top of the World.

New businesses, born from project experience

When a project created a need, Concord built a company around it

  • Bangladesh Gypsum Products (Pte) Ltd.
    False-ceiling systems

    During the Bangladesh Shilpa Bank Building project, Concord identified the need for better false-ceiling systems, leading to the formation of a dedicated business.

  • MNK Chemicals & Home Services (Pte) Ltd.
    Specialty construction chemicals

    The Bangabhaban renovation highlighted the need for advanced specialty construction chemicals.

  • Modern Furniture & Interior Decor (Pte) Ltd.
    Interior fit-out

    Specialised woodwork and interior assignments at major projects led to the creation of a dedicated interior business.

1990 — Changing how Bangladesh builds

Concord Ready-Mix & Concrete Products Ltd. was established on 29 July 1990. Concord introduced Ready-Mix Concrete and Transit Mixers in Bangladesh to improve consistency and quality in concrete production. The business later expanded into automated batching plants and a broad range of concrete products, including hollow blocks, solid blocks, ornamental blocks, pavers, kerbstones, terrazzo tiles, engraved tiles and roof tiles.

04 — Concord's firsts

A record of pioneering roles in Bangladesh

Across construction, materials, real estate and entertainment, Concord introduced methods, technologies and development concepts that were new to Bangladesh. These firsts reflect a recurring part of Concord's history: identifying a better way to build, then putting it into practice.

  • Environment-friendly materials
    First developer to use eco-friendly construction materials

    Concrete blocks in place of kiln-burnt clay blocks from 1998. Lake City Concord also incorporated its own Aqua Pac sewage-treatment plant during 2003–2006.

  • 1977–1980
    First high-rise residential construction

    The 12-storey Married Officers' Quarters of Bangladesh Navy marked a pioneering application of high-rise construction methodology in Bangladesh.

  • —
    First integral waterproofing

    Concord first introduced the use of an integral water proofer in Bangladesh to make watertight concrete construction.

  • 1980–81
    First advanced steel tubular formwork

    Concord was the first company in Bangladesh to introduce advanced steel tubular formwork systems in place of bamboo props and unsafe conventional scaffolding.

  • —
    First modern ceiling systems

    Concord was the first company in Bangladesh to replace hardboard ceilings with modern T-bar, gypsum-board, non-T-bar and decorative ceiling systems.

  • 1980–81
    First aluminium doors and windows

    Concord became the first company in Bangladesh to replace iron flat-bar doors and windows with lighter, non-corrosive, paint-free aluminium alternatives.

  • —
    First maintenance-free texture coating

    Concord was the first company in Bangladesh to introduce an almost maintenance-free texture-coating paint system, as an alternative to exterior snowcem or plastic paint.

  • 1980
    First high-rise building with basements

    Concord constructed Bangladesh's first high-rise building with basements: Bangladesh Shilpa Bank (BSB) Bhaban.

  • —
    First top-down construction technology

    At the World Trade Centre in Chittagong, Concord became the first company to introduce and implement Top Down construction technology in Bangladesh, for high-rise foundations where soil strata were soft or poor.

  • —
    First satellite township

    Concord developed Bangladesh's first satellite township — Lake City Concord — with 4,000 apartments and supporting facilities.

  • 1990
    First Ready-Mix Concrete

    Concord became the first company to introduce Ready-Mix Concrete commercially in Bangladesh.

  • —
    First revolving tower restaurant

    Concord constructed Bangladesh's first revolving tower restaurant in Chittagong, rising 71 metres above the ground.

  • —
    First RCBM technology

    Concord introduced Reinforced Concrete Block Masonry (RCBM) technology in Bangladesh for load-bearing buildings of up to 18 storeys, designed to sustain significant earthquake thrust.

Other pioneering milestones

  • Theme parks
    Seven world-class theme parks

    Concord established seven world-class theme parks in Bangladesh within a ten-year period.

  • Ashulia
    Landscaped gated villa community

    Concord established the country's only landscaped, gated luxury villa complex in Ashulia at the time.

  • Singapore
    A 720-foot structure overseas

    Concord became the only Bangladeshi company at the time to complete a 720-foot-tall structure abroad — the Telecom Building in Singapore — in association with Mitsui Construction Company.

05 — A decade of landmark projects

1987–1996: expanding across sectors

By the late 1980s and 1990s, Concord's portfolio had expanded rapidly across commercial buildings, diplomatic facilities, hospitals, industrial facilities, government projects and civic infrastructure.

  • 1987
    Commercial and civic landmarks

    Concord Centre, Petro Centre, International Conference Centre and a pharmaceutical plant at Tongi.

  • 1988–89
    State and industrial facilities

    Sugandha State Guest House and BSCIC Electronic Complex, Mirpur.

  • 1990
    British High Commission Offices, Baridhara

    Concord became the only Bangladeshi company at the time to construct the High Commission Office as main contractor.

  • 1992–94
    National institutions

    Grameen Bank Bhaban, BRAC Centre, National Indoor Stadium, Islamic Development Bank Bhaban and Central Hospital.

  • 1993
    National Indoor Stadium, Mirpur

    A 6,000-seat facility constructed in just over nine months.

  • 1995–96
    Public infrastructure

    Air Force facilities, hospitals, towers, Karwan Bazar Underpass, Gulistan Underpass and other major public-sector and corporate projects.

06 — From landmarks to places people call home

Luxury apartments in Dhaka, from the people who built its landmarks

In the 1990s, Concord entered the real-estate sector with luxury apartments, evolving from individual apartment developments into residential and commercial projects, and later into complete townships with civic and social infrastructure. Concord Condominium Ltd. was established on 3 April 1989 as one of Bangladesh's early developers, known for luxury apartments in Dhaka. Concord Real Estate & Building Products Ltd. followed on 5 April 1997, and Concord Real Estate & Development Ltd. on 9 May 1999, marking the group's expansion into township development with civic and social amenities. Today Concord develops luxury apartments and residences in Gulshan, Banani, Baridhara, Dhanmondi, Bashundhara, Uttara and Chittagong — the same engineering that raised the city's first towers now goes into every home. Explore luxury apartments in Dhaka

Concord luxury apartments in Dhaka, landscaped residential project
Concord Sohel Square
Aerial view of a Concord project
Concord luxury apartment in Dhaka
Concord Tarulata luxury apartments, Dhaka

Concord's real-estate portfolio grew to include residential towers, commercial developments and mixed-use projects across Dhaka and beyond:

  • Concord Tower
  • Twin Towers Concord
  • Grand President Concord
  • Ivy Concord
  • President Park Concord
  • Concord Hamrai
  • Grand Heritage Concord
  • Concord Windsor
  • Anamika Concord
  • Concord Baksh Tower
  • Surma Concord
  • Lake Front Concord
  • Grand Palace Concord
  • Concord White House
  • Concord Helal Kutir
  • Excelsior Concord
  • Concord Regency
  • Paramount Concord
  • Segunbagicha Concord
  • Sir Salimullah Legacy Concord
  • Emporium Concord
2005

Lake City Concord

Lake City Concord at Khilkhet represented a new scale of development: a complete satellite township with more than 4,000 apartments, two shopping and commercial blocks, a school, a mosque, landscaped gardens and other support facilities — Bangladesh's first satellite township. The township also incorporated Reinforced Concrete Block Masonry (RCBM), a sewage-treatment plant and supporting civic infrastructure, bringing together housing, services and community facilities within one development.

Sources: The Daily Star, 2005, Dhaka Tribune

Lake City Concord aerial view
Lake City Concord buildings
Lake City Concord open space
07 — Beyond construction

Creating destinations and experiences

Concord Entertainment Co. Ltd. was established on 1 February 2001 as the group diversified into recreation, amusement and tourism-related facilities. Fantasy Kingdom Concord was inaugurated on 13 April 2001 — at the time positioned as Bangladesh's only international-standard theme park — and the entertainment portfolio later grew to include Water Kingdom, Heritage Park, Xtreme Racing and Resort Atlantis.

Fantasy Kingdom, Ashulia

Fantasy Kingdom

Bangladesh's first world-class theme park, at Ashulia.

Foy's Lake Concord, Chittagong

Foy's Lake Concord

Concord Amusement World and Sea World Water Park, built around the natural lake environment. Concord Entertainment is a member of the IAAPA, USA.

Foy's Lake Resort, Chittagong

Foy's Lake Resort

A lakeside stay inside Chittagong's hills.

Top of the World

Bangladesh's first centrally air-conditioned revolving tower restaurant, rising 71 metres (233 feet) above Chittagong. The 400-seat restaurant offers a panoramic view high above the city.

World Trade Centre, Chittagong

Another milestone in Concord's engineering history: the project introduced the Top Down Construction Method in Bangladesh, for complex high-rise foundations in soft or poor soil.

Sources: The Daily Star, Wikipedia

09 — Recognition along the journey

Awards along the way

Honours for quality, enterprise and care for the environment, earned over five decades of building. Scroll to explore.

DHL and Daily Star Bangladesh Business Award
2000

Enterprise of the Year

Daily Star–DHL Bangladesh Business Award, to Concord Engineers & Construction Ltd., in recognition of outstanding leadership quality and Concord's role as a model in corporate business in Bangladesh.

The Daily Star, past winners

BID International Quality Summit Award
2010

International Quality Summit

BID International Quality Summit Award at the 24th International Quality Summit in New York, for excellence, innovation, customer satisfaction, technology, leadership, strategic planning and business results.

Wikipedia

President's Industrial Development Award
2021

President's Industrial Development Award

To Concord Entertainment Co. Ltd., in recognition of its contribution to Bangladesh's economic growth and industrial development.

The Daily Star

National Environment Award
2020

National Environment Award

From the Government of Bangladesh, for Concord's outstanding contribution to the country's environment — highlighting its pioneering role in introducing green technology and environmentally responsible building materials.

The Daily Star, Dhaka Tribune

2022

ESSAB Safety Excellence Award

In the premises category, for Concord's application of fire-safety and security measures — reflecting its continued emphasis on safer, more secure built environments.

2022

Recognition as a Top Taxpayer

Concord was recognised among the top taxpayers in Bangladesh's real estate sector, reflecting its contribution to the national economy through responsible corporate participation.

AA+ credit rating
AA+

Credit rating

One of the highest credit ratings in Bangladesh's real estate sector, reflecting the company's financial strength and ability to meet its obligations.

International Quality Crown Award
Crown

International Quality Crown

For the Fantasy Kingdom and Foy's Lake complexes, recognising Concord's contribution to Bangladesh's tourism and entertainment sector.

Why Concord

What makes the best real estate company in Dhaka?

Judge it on track record, financial trust and build quality. Here is how Concord measures up.

50+

Years of track record

Building since 1972, with 1,200+ projects completed and 10,000+ units handed over.

AA+

Financial trust

One of the highest credit ratings in Bangladesh's real estate sector.

0

Compromise on quality

Bangladesh's first ready-mix concrete plant, steel formwork and green blocks, so every home is built to a consistent standard.

7+

National and international awards

From the DHL–Daily Star Enterprise of the Year to the National Environment Award and ESSAB Safety Excellence Award.

08 — One company became many

The growth of the Concord Group

As Concord expanded, new companies were formed to serve specialised areas of construction, development, manufacturing, design and entertainment — together reflecting the evolution of Concord from a construction company into a diversified group.

  • 1972Concord Construction Co.
  • 1976Concord Engineers & Construction Ltd.
  • 1983Jeacon Garments Ltd.
  • 1988MNK Chemicals & Home Services (Pte) Ltd.
  • 1989Concord Condominium Ltd.
  • 1990Concord Ready-Mix & Concrete Products Ltd.
  • 1991Concord Fashion Export Ltd.
  • 1994Concord Architects & Interior Decor Ltd.
  • 1997Concord Real Estate & Building Products Ltd.
  • 1999Concord Real Estate & Development Ltd.
  • 2000Concord Pre-stressed Concrete & Block Plant Ltd.
  • 2001Concord Entertainment Co. Ltd.
  • 2003Concord Architects & Engineers Ltd.
  • 2003Concord Communication Co. Ltd.
  • 2008Concord Consortium Ltd.
  • 2008Concord City Development Ltd.
  • 2022Concord Property Solutions
Questions

Luxury apartments in Dhaka, answered

Which is the best real estate company in Dhaka?

The best choice depends on what you value, but a strong track record, financial trust and build quality are good places to start. Concord has been building since 1972, has completed 1,200+ projects, handed over 10,000+ units and holds an AA+ credit rating.

Where can I find luxury apartments in Dhaka?

Concord develops luxury apartments and residences in Gulshan, Banani, Baridhara, Dhanmondi, Bashundhara and Uttara, as well as in Chittagong. The ongoing projects page shows what is available now.

What is Luxury Living?

Luxury Living is a platform by The Daily Star. Concord has a member profile there and is featured on film.

When did Concord start building apartments in Dhaka?

Concord entered the real-estate sector in the 1990s, with Concord Condominium Ltd. established on 3 April 1989 — after more than a decade of bridges, airports and commercial towers.

What is Lake City Concord?

Lake City Concord is Bangladesh's first satellite township, opened at Khilkhet in 2005, with more than 4,000 apartments, shops, a school, a mosque and open space in one planned community.

What are some of Concord's "firsts" in Bangladesh?

Concord introduced Ready-Mix Concrete, advanced steel tubular formwork, integral waterproofing, RCBM technology and environment-friendly concrete blocks to Bangladesh, among other pioneering construction methods and materials.

10 — Built by generations. Defined by quality.

Concord's journey is a story of growth through engineering, innovation and diversification. It began with a small team and a commitment to quality, then expanded through landmark projects, new technologies, real-estate development, manufacturing and entertainment.

Its progress has been shaped by the confidence of clients, the respect earned through its work, and the commitment of the people behind the organisation. Across decades of change, Concord's defining principle has remained unchanged: quality is not a destination, but a pursuit.

The Relentless Pursuit of Quality.

Live in a Concord home

Five decades of building, now in luxury apartments across Dhaka and Chittagong.

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