Uzbek real estate developer
Murad Buildings |
| Company type | Public |
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| Industry | Real estate |
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| Founded | 2002 |
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| Founder | Muradxon Nazarov |
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| Headquarters | Tashkent |
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Area served | Uzbekistan |
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Key people | Muradxon Nazarov |
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| Products | Milenum
Avalon
Central
Koʻkcha Kurgani
Amir Temur
Green City
Felicita
Doʻstlar
U-tower
Nest One |
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| Website | www.mbc.uz |
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Murad Buildings is an Uzbek multinational development company located in Uzbekistan. Murad Buildings is one of the largest real estate developers in Uzbekistan, known for Nest One, the tallest building in Uzbekistan, and other major projects.[1] In July 2021, Nuz Asia Awards Murad Buildings won the nomination "Best Local Brand of the Year" and "Best Construction Company of the Year" in 2021 and received the highest state award "Order of Friendship" this year.[2]
History
Murad Buildings was founded in 2002 by Muradxon Nazarov as an interior and exterior decoration firm in Uzbekistan. The company has expanded its presence with developments and investments in Turkey, Kazakhstan and Uzbekistan.[3]
Sobha Limited was founded on September 7, 2000, by Muradxon Nazarov.[4] The company invested $200 million crore in Nest One in 2019, a residential complex.[5]
They have achieved growth with backward integration in the construction and real estate development business in Uzbekistan. Their long-term activity includes the construction of residences, hotels, offices, and other facilities.
Projects
The most important projects implemented by the company:
- Milenum is a residential project located in the Yunusabad district of the city of Tashkent. The number of residences is estimated at 3,533 units, with an area of 465,870 square meters.
- The Avalon project, located in Murabad district, has an area of 132,116 square meters, a business center project.
- "Central" premium class project located in Chilonzor district of Tashkent city is a residential project. The number of housing units is estimated at 359 units, with an area of 102,491 square meters.* "Koʻkcha Kurgani" project, located in Shayxontoxur district of Tashkent city, is a residential project with an estimated number of 511 houses.
- In the "Amir Temur" project, located in Yunusabad district, the number of dwellings is 1,537, the total area is 212,933 square meters.
- The "Green City" project, located in Moradabad district, is a residential project with an area of 122,137 square meters.
- "Felicita" project located in Yakkasaray district, estimated number of 1221 residential projects.
- "Doʻstlar" project, located in Yunusabad district of Tashkent city, is a residential project with an estimated number of 480 houses.
- "U-tower" is located in the city of Tashkent in the district of Shayxontoxur and consists of 485 units divided into three parts according to the level of luxury.
- “Kislorod” is a residential project located in the Olmazor district of the city of Tashkent. The number of residences is estimated at 4,373 units, with an area of 565,278 square meters.
- In 2018, Murad Buildings signed a contract with the Turkish company Özgüven.[4] The Nest One project will result in $200 million in construction contracts. The company's first project is the construction of a 51-story, 266.5-meter (874.34383 ft) tall residential complex known as Nest One in Tashkent.[5]
