TM Assets

What TM Assets does

TM Assets Limited is a Dhaka-based, privately held real estate developer founded in 2014 that sells residential apartments and provides adjacent construction and property services. The company operates 45+ named projects concentrated in six upmarket Dhaka neighborhoods — Jolshiri Abashon, Bashundhara R/A, Aftab Nagar, Rampura, Badda, and Mirpur — with product tiers ranging from standard mid-rise buildings to premium lake-view and golf-view residences featuring amenities such as double-height entrances, mezzanine floors, rooftop gardens, and high-quality elevators. Its headquarter sales office is at Jabbar Tower (17th Floor), Gulshan-1, Dhaka 1212.

Beyond apartment sales, TM Assets runs a vertically integrated services stack including turnkey building construction management (plan and design through piling, finishing, materials, and labor), building design consultancy covering architecture, structural, electrical, plumbing, soil testing, digital survey, and BOQ costing, luxury interior design and build, elevator installation and maintenance, and property advisory. There is no disclosed proprietary technology platform; the company instead relies on a sales-led direct channel combining the Gulshan-1 office, website-based booking forms, an online appointment scheduling system, and WhatsApp and phone contact.

Revenue is generated primarily through one-time apartment sales, supplemented by professional-services fees from construction, design, interior, elevator, and consultancy engagements. Buyer financing is supported through installment partnerships with four Bangladesh Islamic banks (One Bank Ltd, Shahjalal Islami Bank Ltd, Islami Bank Bangladesh Ltd, EXIM Bank Ltd), alongside cash, cheque, RTGS, online, and PO/DD/TT payment methods. The primary customer segment is individual home buyers — young professionals through growing families — with property investors as a secondary segment; the company discloses no named institutional customers, no funding rounds, no patents or awards, and no AI/ML capabilities.

Name

TM Assets

Legal name

TM Assets Limited

Website

https://tmassets.com.bd

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

TM Assets Limited is a Dhaka-based private real estate developer (founded 2014) selling 45+ residential apartment projects across six upmarket Dhaka neighborhoods, supplemented by turnkey construction, design consultancy, interior design, and elevator services for individual buyers and investors.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD)

akta.pro secondary industries

Residential Luxury / High-End Home Construction (IMAFABAJ), Residential General Contracting (New Build) (IMAFAAAB), Residential Interior Fit-Out (Multi-Family & High-End) (IMAFANAE)

Keywords

• Residential real estate
• Apartment development
• Property construction
• Building design
• Real estate consultancy

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Apartment Sales: TM Assets Limited generates primary revenue through the sale of residential apartments in multiple projects across Dhaka, Bangladesh. Properties are sold at various price points based on size, location, and features.
2. Construction Services: Turnkey basis building construction management including plan & design, logistics support, soil test, survey, building construction from piling to finishing, full material supply, and labour services.
3. Building Design Consultancy: Architecture, structural design, electrical design, plumbing design, soil test, digital survey, and BOQ (costing) services.
4. Interior Design & Build: Luxury interior design and implementation services for apartments, office spaces, restaurants, hotels, and parks.
5. Elevator Services: Elevator installation, routine maintenance, and repair services for various types of buildings.
6. Property Consultancy: Expert advice and guidance on business operations, property-related decisions, and objectives for individuals or organizations.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

TM Assets Limited develops, sells, and constructs residential apartment buildings in Dhaka, Bangladesh, operating across six primary neighborhoods (Jolshiri Abashon, Bashundhara R/A, Aftab Nagar, Rampura, Badda, Mirpur). Alongside its self-developed apartment portfolio, the company offers turnkey building construction management, building design consultancy (architecture, structural, electrical, plumbing), interior design and build services, and elevator installation and maintenance. Apartment sales to individual buyers constitute the primary revenue driver, with construction and design services offered to other property developers and owners.

Product overview

TM Assets Limited is a real estate development company operating primarily in Dhaka, Bangladesh. The company operates as a single-product real estate platform offering residential apartments across multiple housing projects. Their portfolio includes over 45 named residential apartment projects located in six main areas: Jolshiri Abashon, Bashundhara R/A, Aftab Nagar, Mirpur, Rampura, and Badda. Beyond apartment sales, the company provides complementary services including building construction management (turnkey basis), building design consultancy (architecture, structural, electrical, plumbing), interior design and build, and elevator installation and maintenance. Projects range from standard residential buildings to premium offerings featuring lake views, golf views, and luxury amenities like double-height entrances, mezzanine floors, and rooftop gardens.

Differentiator

Problem solved

Functional benefit

Products and services

• Jolshiri Abashon Apartment Portfolio Group of multi-story residential apartment buildings (typically G+6 to G+9) developed by TM Assets in the Jolshiri Abashon area of Dhaka, offered for sale to individual home buyers and investors. Unit sizes range roughly from 1,130 to 2,850 SFT with single-unit or multi-unit-per-floor configurations; many include lake, park, or golf views.
• Bashundhara R/A Apartment Portfolio Multi-story residential apartment buildings developed by TM Assets in Bashundhara R/A, Dhaka, with varying plot sizes (3-8 Katha), unit sizes (approximately 1,220 to 2,530 SFT), and configurations including double-height entrances. Sold to individual home buyers.
• Aftab Nagar Apartment Portfolio Residential apartment buildings in Aftab Nagar, Dhaka, typically 7-10 stories on 2.5 to 9 Katha plots with unit sizes from approximately 1,130 to 2,700 SFT, offered to individual home buyers.
• Mirpur Apartment Portfolio Residential apartment buildings in the Mirpur area of Dhaka, marketed to individual home buyers and incorporating wellness-oriented amenities.
• Udayon (Rampura) A 10-storied (G+9) residential apartment building on 9.09 Katha of land at West Rampura (Wapda Road), Dhaka, offering 930/1,030/1,130 SFT three-bedroom units in a west-facing configuration, marketed to individual home buyers.
• Badda Apartment Portfolio Residential apartment buildings developed by TM Assets in the Badda area of Dhaka, marketed to individual home buyers.
• Turnkey Building Construction Services End-to-end building construction services delivered on a turnkey basis, including plan and design support, logistics, soil testing, surveying, construction from piling through finishing, full material supply, and labor. Intended for property developers and owners needing full build management.
• Building Design Consultancy Building design advisory services covering architecture, structural design, electrical design, plumbing design, soil testing, digital surveying, and bill of quantities (BOQ) costing, provided to property developers, construction firms, and property owners.
• Interior Design and Build Luxury interior design and implementation for apartments, offices, restaurants, hotels, and parks, delivered to commercial property owners and residential clients.
• Elevator Installation and Maintenance Elevator installation, routine maintenance, and repair services for various building types, provided to building owners, property managers, and developers.
• Property Consultancy Property-related advisory covering business operations support, market research, property valuation, negotiation, and paperwork preparation, offered to individuals and organizations making property decisions.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• Navana Real Estate Limited: Navana Real Estate is a long-standing Dhaka residential developer offering for-sale apartments and turnkey construction, often in partnership with Navana Group. Directly comparable to TM Assets in product (residential apartments), geography (Dhaka), and customer segments, with a comparable multi-project portfolio model.
• EDEN Real Estate (Eastern Housing Limited): Eastern Housing is a Dhaka-listed residential developer building for-sale apartments across Dhaka neighborhoods with comparable unit configurations and bank-financing arrangements. Direct peer — same product, same geography, comparable mid-to-upper-market positioning.
• Assure Group: Assure Group is a Dhaka-based real estate developer building residential apartments and townships across multiple Dhaka neighborhoods, with similar end-customer profiles (individual home buyers, professionals, families). It is a direct peer — same product category, same Dhaka market, similar mid-tier positioning, with comparable online booking and bank-financing arrangements.
• ABC Real Estate Bangladesh: ABC Real Estate is a Dhaka-based residential apartment developer operating across multiple Dhaka neighborhoods with bank-financing partnerships and a direct-sales approach. A direct peer with comparable mid-market positioning, product offering, and buyer segments to TM Assets.
• BTI (Building Technology & Ideas): BTI is one of Bangladesh's most recognized residential developers, building for-sale apartment projects across Dhaka with associated interior design and construction arms. Direct peer — same product category, same Dhaka geography, similar bank-financing partnerships, and an in-house interior design offering mirroring TM Assets' vertical integration.
• Shimul Apartments / SKS Properties: SKS Properties is a Dhaka-based mid-tier residential developer building for-sale apartments in similar neighborhoods (Aftab Nagar, Badda, Rampura) with comparable unit sizes and customer profiles. Direct peer — overlapping product, geography, and price tier.

Broad incumbents

• Bashundhara Group: Bashundhara Group is Bangladesh's largest diversified conglomerate with a substantial real estate arm (Bashundhara City, Bashundhara Residential Area) developing large-scale residential projects across Dhaka. It is a broad incumbent — far larger and more diversified than TM Assets — but operates in the same Dhaka residential for-sale space with similar buyer profiles.
• Concord Real Estate & Development Ltd: Concord is a larger, established Dhaka developer with residential and commercial projects including Concord Arch, and a more diversified portfolio. Broad incumbent — overlapping residential for-sale product and Dhaka geography, but with broader scope, larger individual projects, and longer operating history.
• Rupayan Group: Rupayan Group is a diversified Bangladeshi conglomerate with a sizeable real estate division developing residential apartments and townships in Dhaka. Broad incumbent — broader portfolio and larger-scale projects than TM Assets, but overlapping residential for-sale product and customer base.

Others

• National Housing Finance & Investment Limited (NHFIL): NHFIL is a Bangladeshi housing finance company providing mortgage and home-loan products to buyers, including those purchasing from developers like TM Assets. Adjacent/ecosystem player — not a direct competitor, but its financing capacity directly influences sell-through and bank-financing adoption for TM Assets' buyer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/tmassetslimited
• Facebookfacebook.com/tmassetslimited
• LinkedInlinkedin.com/company/tmassetsltd

Revenue estimate

Valuation estimate

Number of profiles

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 TM Assets