The radioactivity concentrations of 226Ra, 232Th and 40K in 24 samples of natural and manufactured building materials commonly used in Bangladesh were measured using HPGe gamma ray spectrometer. The results in the present study were compared with the world average and also with the reported data available in literature. The radium equivalent activity, the absorbed dose rate, annual effective dose, external and internal hazard indices, gamma index, alpha index, annual gonadal dose equivalent and excess lifetime cancer risk were also evaluated to assess the potential radiation hazards associated with these building materials. All samples under investigation were found to be within the recommended safety limit and do not pose any significant radiation hazards. This study can be used as a reference for more extensive studies of the same subject in future.