With over two decades of real estate development experience across Canada, Pakistan and the Middle East, Ilyas Malik established Malik Developments in 1998 as part of Malik Holdings with a clear vision to transform the way people perceive quality. Today, Malik Developments has successfully completed over $500,000,000 (USD) in real-estate transactions and is one of the most trusted real estate players across the Sultanate of Oman and Canada.
Since its inception, the Company has always strived for benchmark quality, customer centric approach, robust engineering, in-house research, uncompromising business ethics, timeless values and transparency in all spheres of business conduct, which have contributed in making it a preferred real estate brand across two countries.
An independent subsidiary of Malik Holdings, Malik Developments is primarily focused on residential and commercial projects. The Company’s residential projects include luxury apartments, villas, houses, plotted developments and aspirational mansions replete with world-class amenities. In all its residential projects, the company lays a strong emphasis on environmental management, water harvesting and high safety standards. On the commercial side, the Company has developed a wide variety of mixed-use projects including corporate offices, five-star hotels, leisure and entertainment districts, multiplex theatres, guest houses, food courts, restaurants, and club houses. Some of Malik Developments’ prestigious development partners include the InterContinental Group, The Radisson Group, Muscat Hills Golf & Country Club, and others.
One of the most well-respected brands in the real estate sector, Malik Developments has many distinctions to its credit, mainly its impeccable execution and on-time delivery track record. As of 30th July 2019, Malik Developments has completed 5 million gross square feet of real estate projects. The Company has a real estate presence in some of the most affluent areas across Muscat and the Greater Toronto Area.
The backward integration model is one of the key competitive strengths of Malik Developments. This ensures that the Company has control not only over the supply but more importantly over the quality of the materials it uses in construction activities. Malik Developments has all the competencies and in-house resources to deliver a project from conceptualisation to completion. Backward integration includes an interiors division and a joinery works factory in Oman.
Malik Developments places a lot of emphasis on human resource development of which skill enhancement and advancement are given paramount importance. At Malik Developments, training is an on-going process for all employees which ensures that they are abreast of the latest and newest developments in their domain of expertise.
Malik Developments as an organisation is highly focused on delivering international quality products in a timely manner with utmost perfection. Since our inception, we have become synonymous with developing first-class projects, repositioning older buildings, and providing first-rate services that enhance value for our investors and tenants. Our properties are thriving, highly regarded places that sustain their appeal and profitability over time. In each property we acquire, in each project we undertake, our unwavering core value is quality over quantity.