Industry | Real estate development |
---|---|
Founded | 1988 |
Founder |
|
Headquarters | , |
Key people |
|
Website | www |
Sheltech (Pvt.) Ltd. is a real estate company based in Dhaka, Bangladesh, which was founded in 1988. It is a multi-disciplinary firm engaged in various activities, including real estate development, consultancy. It has three chains of boutique hotels named Platinum Suites,[1] Platinum Residence[3] and Platinum Grand.[4] It has constructed over 3700 apartments in Dhaka.[5]
Sheltech was founded in 1988 by Tapan Chowdhury, Samuel Chowdhury, Kutubuddin Ahmed, and Taufiq M Seraj who started the company.[6] The Chowdhury brothers sold their shares in 2008 as they wanted to focus on their family business, Square Group.[7]
In May 2015, the chairman and managing director of Sheltech were designated as commercially important persons by the government of Bangladesh.[8]
In January, Sheltech completed construction of Sheltech Bithika, the largest real estate project of the company with 184 apartments and 12 commercial spaces in Mirpur Thana, Dhaka.[9] The managing director of Toufiq M Seraj died on a flight of Qatar Airlines flying from Dhaka to Doha on 21 June 2019.[10] Tanvir Ahmed was appointed the new managing director of Sheltech in August.[11] Sk Bashir Ahmed was appointed vice-chairman in October.[12]
The chairman of Sheltech Group, Kutubuddin Ahmed, is also the chairman of Envoy Group.[13]
In March 2022, Sheltech Brokerage Limited signed an agreement with United Arab Emirates based ZagTrader PLC to improve its IT infrastructure.[14]