MHM Properties
MHM Properties Ltd. is a privately held Dhaka-based residential real estate developer that builds and sells mid-rise apartments and villas in Bashundhara R/A and Mirpur to individual mid-market buyers and land-owner development partners, with over a decade of operating history.
- Company typePrivate
- Founded2012
- HeadquartersMirpur, Bangladesh
- Headcount11–50
- GTM typeB2C
- OfferingServices
What MHM Properties does
MHM Properties Ltd. is a privately held residential real estate developer headquartered in Dhaka, Bangladesh. The company was founded in 2011-2012 and operates with 11-50 employees, specializing in turnkey apartment and villa development for middle to upper-middle class individual buyers and land-owner development partners in the Dhaka metropolitan area, with projects concentrated in Bashundhara R/A and Mirpur.
The company delivers ground-up residential construction, from land acquisition or land-owner partnership through branded-materials construction to handover. Its portfolio spans at least nine named residential projects, including mid-rise apartments such as MHM Chayabithi (54 units, Mirpur), MHM Harun Heights (32 units, Mirpur), MHM Magnolia Palace (Bashundhara R/A), MHM Royal Rose (inaugurated February 2024), and MHM Crown Imperial (inaugurated 2022), plus the MHM Villa Assalam villa project. Construction relies on a network of 15 branded material suppliers including Premier Cement, KSRM, RAK Ceramics, Asian Paints, BRB Cables, and Nasir Glass. MHM holds RAJUK enlistment as a regulated residential developer in Bangladesh.
MHM operates a direct, sales-led go-to-market targeting individual home buyers and land owners, with no intermediaries or external investors. Revenue is generated through one-time unit sales of completed apartments and villas, with flat sizes ranging from 1,170 to 1,660 sft and pricing available only on direct inquiry. The company's primary marketing channels are annual REHAB (Real Estate & Housing Association of Bangladesh) trade fair participation, its company website, and customer testimonials and referrals. No public revenue, funding, or ownership details are disclosed.
MHM Properties firmographics
Firmographics- Name
- MHM Properties
- Legal name
- MHM Properties Ltd.
- Website
- https://mhmpropertiesltd.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MHM Properties Ltd. is a privately held Dhaka-based residential real estate developer that builds and sells mid-rise apartments and villas in Bashundhara R/A and Mirpur to individual mid-market buyers and land-owner development partners, with over a decade of operating history.
- Ownership category
- akta.pro rank
MHM Properties industry classification
Industry- Product category
- Residential Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), Residential Building Construction (23611)
- SIC
- Operative Builders (1531), General Bldg Contractors - Residential Bldgs (1520)
- akta.pro primary industry
- Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)
- akta.pro secondary industries
- Custom Home Building (IMAFABAC), Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)
Keywords
Where MHM Properties is headquartered
LocationHeadquarters
- HQ city
- Mirpur
- HQ country
- Bangladesh
- HQ region
- Asia
Offices1 record
Markets served
MHM Properties business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Others
Revenue model
- Apartment Sales: Revenue generated from selling residential apartments to individual buyers and land owners. The company develops properties either on owned land or in partnership with land owners, delivering completed residential units.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Residential apartments with varying sizes |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
MHM Properties product offering
Product offeringCore offering
MHM Properties Ltd. is a Dhaka-based real estate development company that builds residential apartment buildings and villas. The company develops properties either on owned land or in partnership with land owners, delivering completed residential units in Dhaka metropolitan areas including Bashundhara R/A and Mirpur. The company handles end-to-end property development, from land acquisition and planning through construction to handover, using branded construction materials and providing amenities such as lifts, parking, and community spaces.
Product overview
MHM Properties Ltd. is a real estate development company based in Dhaka, Bangladesh, specializing in residential apartment and villa construction. The company operates as a single-product service model focused on developing residential properties across Dhaka. Their portfolio includes multiple named residential projects: MHM Magnolia Palace (Bashundhara R/A), MHM Chayabithi (Mirpur), MHM Harun Heights (Mirpur), MHM Al Hera, MHM Tulip Garden, MHM Villa Assalam, MHM Rois Garden, MHM Crown Imperial, and MHM Royal Rose. The company has provided real estate development services for over 10 years, offering complete property development from land acquisition through construction to handover.
Differentiator
Problem solved
Functional benefit
Products and services
- MHM Magnolia Palace
Quantifiable outcome
- Over 10 years of continuous operation in Dhaka real estate market
Companies that use MHM Properties
Customer profileNamed customers13 records
Segments1 record
Ideal customer profiles2 records
MHM Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MHM Properties partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered minor.
- RAK CeramicsminorConstruction material supplier providing ceramic tiles and bathroom fixtures for MHM Properties projects.
- AKSminorConstruction material supplier for MHM Properties projects.
- Premier CementminorCement supplier providing construction materials for MHM Properties building projects.
- KSRMminorConstruction materials supplier for MHM Properties projects.
- Seven Rings CementminorCement supplier providing construction materials for MHM Properties building projects.
- BRB CablesminorElectrical cable supplier for MHM Properties residential projects.
- Nasir GlassminorGlass supplier providing materials for windows and fittings in MHM Properties projects.
- KAI AluminiumminorAluminium supplier for windows, frames and fittings in MHM Properties residential buildings.
- Supercrete CementminorCement supplier for construction materials in MHM Properties projects.
- Bengal CementminorCement supplier providing construction materials for building projects.
- Rahim SteelminorSteel supplier providing reinforcement materials for MHM Properties construction projects.
- Paradise CableminorElectrical cable supplier for residential projects.
- National PolimerminorPolymer materials supplier for construction applications.
- Burger PaintminorPaint supplier providing interior and exterior paints for MHM Properties projects.
- Asian PaintsminorPaint supplier providing quality paints for residential projects.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
MHM Properties competitors and assessment
Company assessmentBroad incumbents
- Eastern Housing Limited: One of the oldest and largest listed real estate developers in Bangladesh with a broad Dhaka apartment portfolio. Larger and more established than MHM but operating in the same mid-market residential segment.
- Concord Real Estate & Development Ltd. Listed Bangladeshi developer with a diversified residential and commercial portfolio across Dhaka. Comparable in product category but operates at significantly larger scale with stronger brand recognition.
- Rupayan Housing Estate Limited: Established Bangladeshi developer with land development and residential apartment projects across Dhaka. Larger and more diversified than MHM but overlapping customer base.
- Shanta Holdings Limited: Listed Dhaka-based developer of mid- to high-end apartments and commercial properties. Comparable customer segment but broader portfolio and deeper capital base than MHM.
Direct peers
- Rangs Properties Limited: Dhaka-based residential and commercial developer under the Rangs Group, offering mid-market apartments comparable in size and finish to MHM's projects.
- Navana Real Estate Ltd. Mid-sized Dhaka-focused residential apartment developer with a comparable project size and customer profile. Direct competitor for mid-market apartment buyers in similar Dhaka neighborhoods.
- Bay Developments Ltd. Dhaka-based residential apartment developer targeting middle-income buyers with similar project sizes and locations. Comparable operational scale and product offering.
- Asset Developments & Holdings Ltd. Dhaka-based residential and commercial property developer offering apartments in similar price tiers and neighborhoods (Banani, Bashundhara, Mirpur). Closely comparable in scale and customer segment.
- Ananda Properties Development Ltd. Dhaka-based mid-market residential apartment developer with projects in similar price range and target customer profile as MHM.
- Building For Future Limited: Dhaka residential developer focused on mid-market apartments in similar neighborhoods. Closely comparable in business model and target customer.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
MHM Properties social profiles
Digital presenceMHM Properties compliance and trust
Trust signalCompliance1 record
MHM Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
MHM Properties leadership team
Management profileNumber of profiles
MHM Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MHM Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MHM Properties
What does MHM Properties do?
MHM Properties Ltd. is a Dhaka-based real estate development company that builds residential apartment buildings and villas. The company develops properties either on owned land or in partnership with land owners, delivering completed residential units in Dhaka metropolitan areas including Bashundhara R/A and Mirpur. The company handles end-to-end property development, from land acquisition and planning through construction to handover, using branded construction materials and providing amenities such as lifts, parking, and community spaces.
Is MHM Properties a public or private company?
MHM Properties is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MHM Properties founded?
MHM Properties was founded in 2012. It employs 11 to 50 people.
Where is MHM Properties based?
MHM Properties is headquartered in Mirpur, Bangladesh, in the Asia region.
How does MHM Properties make money?
One revenue line is on record: apartment Sales.
Who are MHM Properties's main competitors?
Broad incumbents on record are Eastern Housing Limited, Concord Real Estate & Development Ltd., Rupayan Housing Estate Limited and Shanta Holdings Limited. Direct peers are Rangs Properties Limited, Navana Real Estate Ltd., Bay Developments Ltd., Asset Developments & Holdings Ltd., Ananda Properties Development Ltd. and Building For Future Limited.
Does MHM Properties have an API?
No public API is recorded for MHM Properties.
What industry is MHM Properties in?
MHM Properties's product category is Residential Real Estate Development. Its primary akta.pro industry code is IMAFABAB, Multi-Family Residential Construction (Apartments, Condos, Townhomes), with a secondary code of IMAFABAC, Custom Home Building. Its NAICS code is 236117 and its SIC code is 1531.