We have been working for a long time to meet the housing needs of the middle class
M Fakhrul Islam Managing Director iNTECH PROPERTIES LTD, Young icon personality of Bangladesh housing sector. He is also a young social worker. Outspoken M Fakhrul Islam is a popular face of the media and he regularly participates in various talk shows such as ATN Bangla, ATN News, Banglavision, Ekattar TV, MyTV, popular print media like prothom alo etc. He served as a member of the Standing Committee on Promotion of Rehab. Served as one of the standing committee members of the Construction Industry Skills Council (CISC) under the Prime Minister’s Office. Been doing it for a long time. Highly talented, modest M Fakhrul Islam is the trusted young entrepreneur of today.
Bangladesh’s trade and business industrialization smart young executive M. Fakhrul Islam is one of them. Those who think not only about themselves, but also about their organization, sect and so on
Above all about the country. This talented, enlightened, visionary, creative, modern and science-minded successful housing business personality M. Fakhrul Islam is the managing director of iNTECH PROPERTIES LTD and Rahabar, one of the private sector housing companies of the country. iNTECH PROPERTIES LTD has been able to reach an enviable level in the country’s housing industry today with its own talent, hard work, and perseverance. Confident M. From childhood, Fakhrul Islam dreamed of establishing himself as well as how to establish a just society by working for the welfare of the people of the country.
After completing his education, he started his professional life by taking a job as a field officer of Far East Islami Insurance Company Ltd. in his native Sonagazi Upazila. Seeing the work performance of this talented young woman, thousands of people were unemployed in the country around 2006-2007.
An organization called Tarun Shapphanga Yuva Employment Society (YUBAK) offered him to work as a group in-charge. M Fakhrul Islam agreed to their proposal and worked there, he was elected as the highest organizer in the ‘Youth’ organization and was awarded as the best organizer in a youth gathering at Feni Zahir Raihan Hall auditorium in a gathering of about 5 thousand young women. However, due to legal complications, when the legality of ‘Yuvak’ was questioned, the organization was transformed into a company. But M. Fakhrul Islam has succeeded in passing all his responsibilities. At one stage he decided on the job.
No, engage yourself in business and social activities. And so he considered the business as a social service and established the housing industry company ‘iNTECH PROPERTIES LTD’ and Rahbar. Mr. M. Fakhrul Islam thinks that the purpose of doing business is to make oneself financially independent as well as to serve people. The bigger the business establishment, the more employment opportunities are created.
So he is not content with providing employment to a few people through his small housing industry firm iNTECH PROPERTIES LTD; He always wants to selflessly engage himself in self-reliance as a businessman.
Fakhrul Islam is leading by being involved with various commercial and social organizations in addition to business. He is an honorary member of Real Estate and Housing Association of Bangladesh Rehab, a commercial organization of the housing industry. This person has been thinking since childhood. What is the way to serve people? How to work for the development of society and state. This tendency greatly motivates him. So he involved himself with various social and voluntary organizations from his student days and he participated in social development work from his native village. M. Fakhrul Islam established the Londonipara Islamic Library in Sonagazi in 2006 with the young society and students of his area. The only purpose of which was that the helpless, poor and talented students of the area could learn. Currently this The library is also providing free books and educational materials to the needy poor talented students of the area. M. Fakhrul Islam did not stop here. He developed a project called Nashir Uddin Sech and Scheme (Irrigation) Project with the local farmers to get back their rightful rights for the development of the country’s agriculture and the development of the farmers, and through this project, in 2007, about 150,000 hectares of land in Sonagazi Upazila was brought under cultivation to hundreds of thousands of farmers in the area helped to smile.
He also built M. Hashim Foundation the service of humanity. Social organizations like A Hasem Foundation, Khidmah Trust and Sonagazi Multipurpose Cooperative Society. From all these organizations, helping and supporting the helpless poor people who are deprived of the benefits of the society and distributing free educational materials to the poor and talented students, participate in social and cultural activities. M. as a student. Fakhrul Islam has wide recognition and reputation, he is the founder president of Nashir Uddin Government Primary School of Sonagazi Upazila and is associated with various educational, social and cultural organizations are involved. In recognition of the work M. Fakhrul Islam was awarded numerous awards from various organizations. In true sense he is an honest, ideal, philanthropic and sincere friend of hardworking people. Also a successful partner in socio-economic development of the country. Mr. M. Fakhrul Islam is progressing from the small scale of life to the big yard of success with the best combination of hard work, diligence, honesty, discipline, visionary thinking and talent, above all by the infinite grace of Allah.
Meritorious person M. Fakhrul Islam was born on 1 January 1984 in Charchandia (now Londoni Para) village of Samudrasnat Sonagazi upazila in a noble Muslim family. Father: Abdul Halim. Mother Saleha Begum. M. among nine brothers and sisters. Fakhrul Islam is the eighth and the youngest among the brothers, so he grew up with a lot of care. He spent his childhood days listening to the gentle breeze of nature and the sound of the sea in his native Charchandia Upazila. Grandfather Hafez Abdur Rashid was never found, but he was brought up with enough care by grandmother Bibi Maryam. Since childhood M Fakhrul Islam was very calmly of nature.
They were still pioneers in sports and cultural practices even during their time. Fakhrul Islam started his education at the age of 5. He passed Dakhil with merit from Ulama Mazar Madrasah in 2001. Alim, Fazil and Kamil passed Takmil (Masters Honors Arabic) in 2006 from the same madrasa. Later, he obtained a bachelor’s degree in Arabic literature from Chittagong Darul-Ma Arif Islami University. Mr. M. Fakhrul Islam achieved first place in every class in his education life. Managing Director of Intake Properties Limited, successful entrepreneur and housing industry M. Fakhrul Islam recently gave a meaningful interview on the various problems and prospects of the housing industry.
National Times:
One of the basic needs of people is the housing industry, although it is a mature industry, there are still many problems here. What is your opinion on this?
M. Fakhrul Islam:
I would say that the condition of the housing industry in Bangladesh is good in the current context, for those who maintain quality from the beginning of the business in this industry and deliver flats/apartments within a specified time as promised to the buyer. But the sales are a little less, but I think the reason behind this is that people’s trust in developers is decreasing day by day. In the recent times some of the developer companies have come into the real estate sector and have not handed over the flats/apartments as promised, taking money from even the respectable buyers. I will tell you that by passing the time by making various kinds of arguments, they have been turning the customers around for years, and even some companies have lost their money. I think that if even one buyer out of 10 buyers is harassed, then that one buyer discloses the matter to at least 20 other buyers, thereby placing the blame on the entire developer. In other words, the responsibility of the bad name is falling on the entire sector. In this way, the real estate sector is having some negative impact as the common buyers have lost confidence in the developers as well. Not only that, because of this lack of confidence, many of our expatriate Bengalis, who used to invest in the housing sector, have no shortage of investment. Reduced the amount significantly. Which is why investing in this sector some issues.
In this case, I think it is possible to overcome the recession in the housing sector if rehab takes effective steps with the help of the government to gain the confidence of the buyers. I believe that maintaining the quality of the flats/apartments and handing over the flats/apartments within the specified time as promised to the buyers will also bring confidence to the buyers in this sector. The number of buyers will increase and the evils of this industry will be removed to a large extent. M. Fakhrul Islam: Look, infrastructural development including gas-electricity and utility connections around the housing industry plays a very important role in the execution and sale of all types of projects. Judging from that, we are keeping our commitment with Crotas by trying our best to complete the projects of iNTECH PROPERTIES LTD within the specified time. But many of us are unable to complete many projects due to various problems. As an entrepreneur, it has become a major hindrance in expanding our business operations. Therefore, despite the demand of the common buyers, it is not possible for us to meet it. But I can say with certainty that our sincerity in this matter is not
National Times:
In the field of industrial establishment bank investment is significant. Deregulation and high interest rates have reduced credit flows. Industrialization is causing a negative reaction for good reasons. Offer your own opinion on this matter?
M Fakhrul Islam:
Yes, I agree that investment is a big factor in setting up an industry. Which is currently being felt by the owners of the housing industry. But almost every bank in the country is quite generous for genuine businessmen and industrial entrepreneurs. Nowadays most of the banks are making big investments through syndication. Getting investment in setting up industries is no longer a problem. If the banks of our country give the interest rate as our neighboring countries are charging, the flow of credit will increase to a great extent. It will establish extensive industrial establishments in the country.
National Times:
What are the main problems in the development of the housing industry? Are you hoping for a solution?
M. Fakhrul Islam:
Increase in registration fee, long delay in design approval Rajuk, long waiting time to get gas, electricity and utility connection due to which many times it is not possible to hand over flats/apartments to customers within specified time. We still have to go to at least 10 places to collect various documents and simplify them. I am only listening to the words of hope. The concerned department of the government to identify the issues and take effective measures. In this case, the leaders of Rihas should be more active. As a member of Rehab it is our lifeblood.
National Times:
What is your procedure for selling flat/apartment?
M Fakhrul Islam:
You will be happy to know that we have an artistic mass marketing approach to sales. The manner in which our organization is connected with flat construction, marketing and sales activities. Our people who work here are a bunch of highly educated and smart executives. They connect the 4 ‘P’s’ of marketing (Product Place, Price, Promotion) with one more ‘P’ (People) to get deep into the minds of potential buyers
Our esteemed marketing executives have painted Vijay Tilak in the company’s financial prosperity by achieving sales by connecting with the customer. Our Marketing Executives understand the language of the human mind and become courteous in their hospitality.
becoming the customer’s own, like a member of the same family. They are trusted by people because of their presentation and are trusted by buyers because of the reputation of our Intake Properties Ltd. and Rahbar Company. Thus the customers rely on the reputation of the company. Thus a marketing executive known to us as iNTECH PROPERTIES LTD and Rahbar Company becomes a favorite of a family and wins their hearts and is able to sell a flat/apartment. Which is really an industry friendly mass marketing method for our organization. This is how we have been selling our flats/apartments. Inshallah we are in a good position in terms of sales. Basically: The success and beauty of a real estate company is entirely dependent on marketing. To maintain this success, we have been ensuring the quality of our constructed flats/apartments 100% and completing the project handover and registration within the announced time. So I strongly believe, our esteemed customers are the only thing that can sustain us developer companies in the market. And the behind and visible controller is our mass marketing method.
National Times:
Bangladesh is at risk of the second earthquake in the world. In this matter how iNTECH PROPERTIES LTD tackle this situation?
M. Fakhrul Islam:
By the grace of Allah, there will not be any major earthquake during this period. We are constructing the building according to the National Building Code. Our buildings can withstand an earthquake of magnitude 8.0 on the Richter scale.
National Times:
How optimistic are you about the future of Bangladesh?
M Fakhrul Islam:
To be honest; I am an optimist myself. Love to dream love to hope too. Bangladesh will overcome all problems and become a developed country one day. The country’s general flat purchase decision making index. They will increase the income of the people, higher in the nobility and knowledge of the way of life, but the standard of modesty will increase, there will be no instability and social terror, respectful and loyal to the political elite. People are his own. Invariably a respectable person will have security of life and money.
