Asia Holding & Development

What Asia Holding & Development does

Asia Holding & Development Ltd. is a privately held Bangladeshi real estate development firm headquartered in Dhaka and founded in 2014 by a group of professionals with collective experience in real estate and adjacent sectors. The firm develops cost-effective residential projects targeting middle-income and upper-middle-income families in strategically located, growing areas of Dhaka city, primarily across Bashundhara R/A, Aftabnagar, and Mirpur. Its project portfolio is organized into three categories — ongoing, upcoming, and handed over — with five named ongoing projects (Dilruba Grand South, Jahan Zephyr, Kashmiri Kunjo, Rahman Scenic South, and Happy Home), two announced upcoming projects (Aftab Nagar and Mir South Edge), and a documented handover history covering Sufia South Point, Rahman Scenic South, Happy Home, Jahan Zypher, and Dilruba Grand South.

The firm's offerings extend beyond new-build development. Through a dedicated NRB Property Services division, Asia Holding & Development provides remote property purchase, sale, valuation, legal document verification, and ongoing management for Non-Resident Bangladeshis using consumer video tools (WhatsApp, Zoom, Google Meet) for live property tours and 360° virtual viewing sessions. The company also operates a Property Buy/Sell platform that facilitates apartment transactions and a Landowner Service program that structures joint-venture development arrangements with landowners. Revenue is generated primarily through one-time apartment sales at handover, supplemented by transaction fees on facilitated buy/sell activity and recurring professional-services fees from NRB property management engagements. Pricing is not publicly disclosed, and the firm operates with no external institutional funding or parent-company structure according to available records.

Distribution is direct-to-consumer via the company website (asiaholdingbd.com), walk-in consultations at the Mohakhali corporate office, and organic social/video content. There is no proprietary technology platform; the firm's apparent differentiation rests on team experience (over 50 years combined in construction and real estate), the specialized NRB remote-services workflow, founder-level access to Bangladesh trade bodies such as REHAB, BKMEA, IBFB, and CIS-BCCI, and approximately ten years of operating history with multiple completed handovers. Management is led by Chairman Md. Faruk Ahmed and Managing Director Md. Noor Hossain Arif, both of whom run separate business ventures in cotton, readymade garments, and textiles. The firm employs 11-50 people and has stated long-run intent to expand into other major Bangladesh cities and into eco-friendly mega projects such as townships and commercial buildings.

Name

Asia Holding & Development

Legal name

Asia Holding & Development LTD.

Website

https://asiaholdingbd.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Asia Holding & Development Ltd. is a private Dhaka-based real estate developer founded in 2014 that builds residential projects for middle-income and upper-middle-income families, with dedicated remote property services for Non-Resident Bangladeshis and joint-venture development programs for landowners.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

Offices of Real Estate Agents and Brokers (5312)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support) (BPAJANAC)

akta.pro secondary industries

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL), Land & Development Site Brokerage (BPAJABAG)

Keywords

• Residential property development
• Real estate construction
• Property management services
• Joint venture development
• NRB property services

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, Personnel, Marketing or Sales, Others

Revenue model

1. Property Development and Sales: Primary revenue from developing and selling residential apartments and commercial properties in Dhaka. Revenue realized as one-time transaction upon property handover.
2. Property Buy/Sell Services: Facilitates property transactions for landowners and buyers through their platform, including joint-venture development opportunities.
3. NRB Property Management Services: Property management services for Non-Resident Bangladeshis including maintenance, rent collection, and tenant management.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Asia Holding & Development is a real estate development company that builds and sells cost-effective residential apartments and commercial properties in Dhaka, Bangladesh, targeting middle-income and upper-middle-income families. The company also provides specialized property services for Non-Resident Bangladeshis (NRBs), including remote property viewings, legal document verification, property management, and investment advisory, as well as joint-venture development opportunities for landowners.

Product overview

Asia Holding & Development Ltd. is a real estate development company established in 2014, offering a comprehensive portfolio of residential property services. The core offering includes the development of residential projects (ongoing, upcoming, and handed over) targeting middle-income and upper-middle-income families in Dhaka city. The company operates across multiple residential complexes in Bashundhara R/A, Aftabnagar, and other areas of Dhaka. Additionally, they provide specialized NRB (Non-Resident Bangladeshi) Property Services for diaspora clients, including virtual property viewing, legal document verification, property management, and investment advisory. Supporting services include property buy/sell facilitation and landowner joint-venture development programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Property Development
• NRB Property Services
• Ongoing Projects
• Upcoming Projects
• Handed Over Projects
• Property Buy/Sell Services
• Landowner Services (Joint-Venture Development)

Named customers3 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

Integration3 records

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Rangs Properties: Part of the Rangs Group, a diversified Bangladeshi conglomerate developing residential and commercial real estate in Dhaka — comparable developer profile with broader corporate backing.
• Rupayan Group: Bangladeshi developer with residential and commercial projects in Dhaka targeting similar middle-income segments — comparable scale and customer overlap with Asia Holding.
• Navana Real Estate: Dhaka-focused residential real estate developer serving middle and upper-middle-income buyers with ongoing apartment projects across the city — directly comparable in product, customer, and geography.
• Shanta Holdings: Listed Bangladeshi real estate developer with residential and commercial projects across Dhaka — directly comparable in product offering and middle-to-upper-middle-income target customer base.
• Eastern Housing Limited: Listed Bangladeshi real estate developer focused on residential apartment projects in Dhaka targeting middle and upper-middle-income segments — closest product and customer overlap with Asia Holding.
• Building Technology & Ideas (BTI): Established Dhaka-based residential developer with a portfolio of completed and ongoing apartment projects in premium neighborhoods like Bashundhara R/A — overlapping customer segment and product category.

Broad incumbents

• BRAC Properties: Real estate arm of BRAC, one of Bangladesh's largest development organizations, working on housing solutions for middle-income and lower-income segments — comparable market positioning with institutional backing.
• Concord Real Estate: One of the largest and most established real estate developers in Bangladesh, with an AA+ credit rating and over 10,000 units delivered — referenced on Asia Holding's own website as a benchmark competitor.
• Bashundhara Land Development: Part of the diversified Bashundhara Group, a Bangladesh incumbent developing large-scale residential and commercial projects including townships across Dhaka — directly comparable in product and geography.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/asiaholdingbd
• Facebookfacebook.com/AsiaHoldingBD
• LinkedInlinkedin.com/company/asiaholdingbd

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Asia Holding & Development