Malik Group

What Malik Group does

Malik Group, operating through its core entity City Technology Limited, is a Dhaka-based real estate firm founded in 2001 that combines property ownership, development, brokerage, and rental services under family ownership led by Managing Director Malik Hafizul Alam. The company serves two primary customer segments: corporate and business clients (banks, insurance companies, telecommunications, electronics, and footwear firms) that rent office and commercial space in Malik Group-owned buildings, and individual buyers and renters seeking residential properties across Dhaka. Its owned portfolio spans multiple named properties including City Tower (Panthapath), Malik Tower (Chuadanga), City Garden (Mirpur), City View (Niketan), City Haven and city Paradise (Bashundhara), City Palace (Mohakhali), City Port (Ashkona), and the Aristocrat Resort, demonstrating geographic breadth within Dhaka plus a foothold in Chuadanga.

The business runs on a sales-led, direct-distribution model: customers engage via phone, email, or the bdemalikgroup.com website, which functions as a basic property listing and discovery platform. Revenue is generated through three streams: one-time property sales (sample listings at $6,000-$15,000 per unit), recurring rental income from corporate tenants, and professional services including new construction and property customization. The company claims 100% customer focus, 10 years of experience messaging (contradicting the 23-year operating history), 40 locations served, and 10,000+ projects integrated since inception, indicating scale primarily through accumulated inventory rather than high-velocity brokerage turnover.

The firm is privately held with no disclosed external investors, no funding rounds, no public listing, and no social media presence, consistent with a traditional family-operated landlord-developer model. No AI, API, or technology-platform capabilities beyond the property listing website are evident, and no patents, certifications, or regulatory actions are recorded. Distribution is entirely domestic Bangladesh, with no third-party channel partners and no disclosed international expansion.

Name

Malik Group

Legal name

City Technology Limited

Website

https://bdmalikgroup.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Supply Chain

Revenue model

1. Property Sales: Revenue from selling residential and commercial properties including apartments and living spaces
2. Property Rentals: Rental income from leasing spaces in company-owned buildings to corporate clients including banks and businesses
3. Real Estate Services: Services including new constructions, property customization support, and client management for buyers and sellers

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Malik Group, through City Technology Ltd., develops, owns, and operates residential and commercial real estate properties in Bangladesh, offering property sales, rental of office and residential spaces, new construction, and buyer/seller support services. The company manages a portfolio of named buildings across Dhaka neighborhoods and Chuadanga and lists them on its proprietary web platform for discovery and transactions.

Product overview

Malik Group operates through City Technology Ltd. as a real estate company offering a proprietary technology platform for property discovery and transactions. The portfolio consists of multiple named properties across Dhaka and Chuadanga, including commercial buildings (City Tower, Malik Tower, City Palace) and residential complexes (City Garden, City View, City Haven, city Paradise, City Port), plus the Aristocrat Resort which represents their environment-friendly construction capability. The company provides end-to-end real estate services including property buying, selling, renting, new constructions, and customization support.

Differentiator

Problem solved

Functional benefit

Products and services

• City Tower, Panthapath Commercial and residential property at Panthapath Main Road, Dhaka, offering rental office and commercial space to enterprise clients including banks and corporate tenants.
• Malik Tower, Chuadanga Multi-purpose building in Chuadanga, operated as part of Malik Group's property portfolio, providing residential and commercial space.
• City Garden, Pallabi, Mirpur Residential property in Pallabi, Mirpur, Dhaka, offering living spaces for individual buyers and renters.
• City View, Niketan, Dhaka Residential property in Niketan, Dhaka, providing residential units and living spaces.
• City Haven, Bashundhara Residential property in Bashundhara, Dhaka, offering living accommodations.
• City Palace, Mohakhali Multi-story property in Mohakhali, Dhaka, providing rental and residential spaces.
• City Port, Ashkona Property in Ashkona, offering commercial and residential spaces.
• city Paradise, Bashundhara Residential property in Bashundhara, Dhaka, offering living accommodations.
• Aristocrat Resort Environment-friendly resort building developed by Malik Group, representing the company's innovative and eco-friendly construction capability.
• Real Estate Buying, Selling, Rental, and Construction Services End-to-end real estate services including property buying, selling, rental brokerage, new construction, and customization support for individual buyers and corporate clients in Bangladesh.

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Nine partnerships are on record, tiered core and minor.

• Shahjalal Islami BankcoreOthersMajor corporate tenant renting office space in company buildings. Listed as a well-reputed client of City Technology Ltd. under Malik Hafizul Alam's leadership.
• Mercantile BankcoreOthersCorporate tenant renting office space in company buildings. One of the key banking clients of Malik Group.
• First Security BankcoreOthersCorporate tenant renting office space in Malik Group properties. Part of prestigious client portfolio.
• Union BankcoreOthersCorporate tenant renting office space in company buildings. Major banking sector client.
• Bay ShoesminorOthersFootwear manufacturing company renting commercial space in Malik Group buildings.
• Apex ShoesminorOthersFootwear manufacturing company renting commercial space in Malik Group buildings.
• BataminorOthersInternational footwear retail brand renting commercial space in company properties.
• Samsung Electronics / Electra InternationalcoreOthersElectronics company renting office space in Malik Group buildings. Major corporate tenant.
• Grameen PhonecoreOthersLeading telecommunications company renting office space in company buildings. Major corporate client.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Eastern Housing Limited: Listed Bangladeshi real estate developer focused on residential and commercial projects in Dhaka. Comparable mid-tier scale, product mix, and Dhaka-centric operating geography.
• Building Technology & Ideas Ltd. (BTI): One of Bangladesh's largest real estate developers offering residential and commercial developments across Dhaka. Comparable mid-to-upper-tier product mix and Dhaka-centric geographic focus.
• Assure Group: Bangladeshi real estate developer offering residential apartments and commercial spaces across Dhaka. Comparable mid-tier developer profile and Dhaka-centric operations.
• Shanta Holdings Limited: Dhaka Stock Exchange-listed Bangladeshi real estate developer with a diversified residential and commercial portfolio. Closely comparable mid-tier scale and product breadth.
• Navana Real Estate: Real estate arm of the Navana conglomerate offering residential and commercial properties across Dhaka. Comparable mid-market positioning and owner-developer model.
• Confidence Group: Bangladeshi real estate developer with residential and commercial projects across Dhaka. Comparable mid-tier positioning, owner-developer model, and Dhaka-centric footprint.

Regional players

• Square Yards: South Asia-focused property platform and brokerage operating across India and emerging markets. Regionally relevant as a digital-led real estate intermediary serving Indian-subcontinent buyers; not directly Bangladesh-based.

Broad incumbents

• Century 21: Global real estate franchise operating in Bangladesh. Comparable on brokerage and listing-driven property services, but lacks the owner-developer component that anchors Malik Group's portfolio.
• Bashundhara Group (Real Estate Division): One of Bangladesh's largest conglomerates with a leading real estate and land development arm. Overlapping Dhaka operations but operates at materially larger scale and portfolio breadth.
• RE/MAX: Global real estate franchise network with a Bangladesh presence. Overlaps on brokerage/agency services and franchise-style property discovery platform; offers a broader footprint but lacks owner-developer integration.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Malik Group