Murad Buildings
An Uzbek real-estate development and construction company known for residential, commercial, hotel, and mixed-use projects, including Tashkent's landmark Nest One tower.
Last updated August 24, 2026
Overview
Murad Buildings is an Uzbek property-development and construction company headquartered in Tashkent. It began in 2002 under the leadership of Muradxon Nazarov as a business focused on interior and exterior finishing work, then expanded into a broader real-estate platform covering project development, construction, and investment. Its work has primarily centered on Uzbekistan, particularly Tashkent, while the company has also developed or pursued business activity connected with Turkey and Kazakhstan. The company is associated with residential complexes, business centers, hotels, offices, and other urban facilities. Its expansion reflects a move toward backward integration: rather than operating only as a contractor or finishing specialist, Murad Buildings became involved across multiple stages of the property-development cycle, including project conception, construction, and delivery. This model has supported a portfolio ranging from large mass-market housing schemes to premium and business-class developments. Murad Buildings' best-known project is Nest One, a high-rise residential complex in Tashkent. The project was developed through a construction arrangement involving the Turkish company Özgüven and is described in reference material as a 51-story tower reaching approximately 266.5 meters. Nest One has been presented as the tallest building in Uzbekistan and as a major symbol of the country's changing urban skyline. The project was associated with approximately $200 million in construction contracts and was linked to company investment activity reported in 2019; the available reference does not provide a sufficiently precise financial statement or clarify the exact accounting meaning of the reported amount. The company's wider Tashkent portfolio includes the Milenum residential project in Yunusabad, the Central premium residential development in Chilonzor, Koʻkcha Kurgani in Shayxontohur, Amir Temur in Yunusabad, Green City in the Muradabad area, Felicita in Yakkasaray, Doʻstlar in Yunusabad, U-tower in Shayxontohur, and Kislorod in Olmazor. It has also pursued commercial and business-oriented projects such as Avalon and Regnum Plaza. The projects vary considerably in scale, unit count, positioning, and architectural concept, indicating a strategy that spans large housing communities, premium residences, and commercial destinations. Several developments were launched or advanced during the late 2010s and early 2020s. Regnum Plaza was introduced in spring 2023 as a business-class project in Tashkent's Mirzo-Ulugbek district, while Soy Bo'yi began in June 2023 in the Uchtepa district. The company has also received consumer and industry recognition, including repeated Brand of the Year awards in Uzbekistan's real-estate category from 2019 through 2023, as well as a Best Employer award reported for 2020. Nest One was recognized by the Uzbek government as a leading project in 2022. Because publicly available reference material is limited, detailed information about Murad Buildings' ownership, current management beyond its founder, financial performance, corporate structure, and exact international operations remains unavailable.
History
Murad Buildings was established in Uzbekistan in 2002 by Muradxon Nazarov. Its original activity was interior and exterior decoration, placing the company within the finishing and construction-services segment rather than the large-scale property-development market for which it later became known. Over time, the business expanded its capabilities and began taking a more integrated role in the development of residential and commercial real estate. The company's growth involved backward integration into construction and property development. This broadened its role from executing portions of building work to participating in the creation and delivery of complete real-estate projects. Its stated or reported long-term activities include residences, hotels, offices, and other facilities. Tashkent became the principal center of its development activity, with projects distributed across districts including Yunusabad, Chilonzor, Shayxontohur, Yakkasaray, Olmazor, Uchtepa, and Mirzo-Ulugbek. A major turning point was the development of Nest One. In 2018, Murad Buildings entered into an agreement with the Turkish construction company Özgüven connected with the project. Nest One was planned as a 51-story residential tower in Tashkent, with a reported height of approximately 266.5 meters. Reference material associates the project with approximately $200 million in construction contracts and with company investment activity reported in 2019. Since the available material does not establish whether this figure represents total project cost, investment, or contract value, it should not be treated as a verified financial statement. The completed or promoted tower became the company's most visible landmark and was described as the tallest building in Uzbekistan. Alongside Nest One, Murad Buildings developed a broad portfolio of apartment and urban-development projects. Milenum in Yunusabad was described as a large residential scheme with an estimated 3,533 residences and approximately 465,870 square meters of area. Central in Chilonzor was positioned as a premium residential project, while Amir Temur in Yunusabad, Koʻkcha Kurgani in Shayxontohur, Green City in the Muradabad area, Felicita in Yakkasaray, and Doʻstlar in Yunusabad added further housing capacity. U-tower in Shayxontohur was organized into three sections according to luxury level. Kislorod in Olmazor was described as another very large residential development, with an estimated 4,373 residences and approximately 565,278 square meters. The portfolio also includes commercial projects. Avalon in the Muradabad area was described as a business-center development with approximately 132,116 square meters. In spring 2023, the company launched Regnum Plaza, a business-class project in Mirzo-Ulugbek. In June of the same year, it started Soy Bo'yi in Uchtepa. These later launches illustrate the company's continued activity in both residential and commercial urban development. Murad Buildings has received several forms of recognition. Its reported consumer awards include Brand of the Year in the real-estate category for 2019, 2020, 2021, 2022, and 2023. The company was also reported as Best Employer in 2020. Individual projects received awards as well: Amir Temur was identified as a best memorial-complex project in 2016, Felicita Tashkent received six World Class Design Awards in 2018, and Friends, also referred to as Doʻstlar, received a luxury-development award in Uzbekistan in 2018. Nest One was recognized by the Uzbek government in 2022. Public reference material does not provide a complete account of the company's legal structure, ownership, revenue, current executive team, or the precise status of all listed projects. Its present profile is therefore best understood as that of an active Uzbek developer and construction company with a strong Tashkent focus and a portfolio spanning large-scale housing, premium residences, business centers, and landmark high-rise construction.
- 2023Regnum Plaza launched
The company launched the business-class Regnum Plaza project in Tashkent's Mirzo-Ulugbek district.
- 2023Soy Bo'yi project started
Murad Buildings began the Soy Bo'yi project in Tashkent's Uchtepa district.
- 2022Nest One receives government recognition
Nest One was reported as being recognized by the Government of Uzbekistan as a best project of the year.
- 2019Nest One investment reported
Reference material associates Murad Buildings with approximately $200 million in investment activity for Nest One in 2019; the exact financial definition is not specified.
- 2018Nest One construction agreement
Murad Buildings signed an agreement with Turkish company Özgüven connected with construction of Nest One.
- 2018Felicita and Friends receive recognition
Felicita Tashkent was reported to have received six World Class Design Awards, while Friends/Doʻstlar received a luxury-development award in Uzbekistan.
- 2016Amir Temur receives project recognition
The Amir Temur project was reported as a recipient of a best memorial-complex award in Uzbekistan.
- 2002Company founded
Muradxon Nazarov founded Murad Buildings in Uzbekistan as an interior and exterior decoration firm.
Products and positioning
A major Uzbek urban-development company positioned around large-scale residential construction, premium and business-class projects, and landmark architecture in Tashkent.
Nest OneHigh-rise residential development2018
Nest One is Murad Buildings' signature high-rise residential project in Tashkent. It is described as a 51-story tower reaching approximately 266.5 meters, making it the tallest building in Uzbekistan according to the reference material. The project was connected with Turkish contractor Özgüven and became a prominent architectural and branding landmark for the company.
MilenumResidential development
Milenum is a large residential project in Tashkent's Yunusabad district. The project is described as having an estimated 3,533 residences and approximately 465,870 square meters of area, placing it among the company's largest reported housing developments.
AvalonBusiness center
Avalon is a commercial project in the Muradabad area of Tashkent. It is described as a business-center development with approximately 132,116 square meters of area, adding a commercial component to Murad Buildings' predominantly residential portfolio.
CentralPremium residential development
Central is a premium-class residential project in Tashkent's Chilonzor district. Reference material estimates 359 housing units and approximately 102,491 square meters of total area.
Koʻkcha KurganiResidential development
Koʻkcha Kurgani is a residential project in Tashkent's Shayxontohur district. It is reported to include an estimated 511 homes.
Amir TemurResidential development
Amir Temur is a residential project in Yunusabad, Tashkent. The reported plan includes approximately 1,537 dwellings and 212,933 square meters of total area. The project was also associated with a 2016 memorial-complex award.
Green CityResidential development
Green City is a residential development in the Muradabad area of Tashkent. Its reported total area is approximately 122,137 square meters.
FelicitaResidential development
Felicita is a residential project in Tashkent's Yakkasaray district. Reference material estimates approximately 1,221 residential units and notes that Felicita Tashkent received six World Class Design Awards in 2018.
DoʻstlarResidential development
Doʻstlar, also rendered as Friends in some award references, is a residential development in Yunusabad, Tashkent. It is reported to contain approximately 480 homes and to have received a luxury-development award in Uzbekistan.
U-towerResidential development
U-tower is a residential project in Tashkent's Shayxontohur district. The reported development contains 485 units arranged in three sections differentiated by luxury level.
KislorodResidential development
Kislorod is a large residential project in Tashkent's Olmazor district. Reference material estimates 4,373 residences and approximately 565,278 square meters of area.
Regnum PlazaBusiness-class development2023
Regnum Plaza is a business-class project launched in spring 2023 in Tashkent's Mirzo-Ulugbek district. The available reference identifies the project's positioning and location but does not provide reliable details about its final scale or completion.
Soy Bo'yiResidential development2023
Soy Bo'yi is a project started by Murad Buildings in June 2023 in Tashkent's Uchtepa district. Public reference material identifies the launch and location but does not provide sufficient detail about its unit count or completed facilities.
Flagship businesses
- Nest One
- Milenum
- Central
- Kislorod
- Felicita
- Regnum Plaza
Brand decisions
- 2023Launch of Regnum PlazaProduct launch
Murad Buildings continued expanding its Tashkent portfolio beyond residential complexes.
What changed. The company launched Regnum Plaza as a business-class project in Mirzo-Ulugbek district.
Aftermath. The launch reinforced the company's presence in commercial and business-oriented urban development, although detailed completion information is unavailable.
- 2023Start of Soy Bo'yiProduct launch
The company continued initiating new projects in Tashkent amid its broader residential-development activity.
What changed. Murad Buildings started the Soy Bo'yi project in Uchtepa district in June 2023.
Aftermath. The project added another development to the company's Tashkent pipeline; publicly available reference material does not establish its final status.
- 2018Partnership for Nest One constructionProduct launch
The company pursued a landmark high-rise residential project in Tashkent and entered into an arrangement with Turkish construction company Özgüven.
What changed. Murad Buildings advanced construction of the 51-story Nest One residential tower.
Aftermath. Nest One became the company's most prominent project and was described as Uzbekistan's tallest building.
Reported construction-contract value. $200 million (2018 project agreement; value reported in reference material)
- 2002Expansion from finishing services into integrated developmentStrategy
Murad Buildings began as an interior and exterior decoration firm before expanding into construction and real-estate development.
What changed. The company developed capabilities across construction and property development, enabling it to pursue residential, commercial, hotel, and office projects.
Aftermath. This integration became the foundation of the company's later portfolio of large-scale Tashkent developments.
Leadership
| Name | Title | Tenure |
|---|---|---|
| Muradxon Nazarov | Founderformer | 2002– |
Recent events
- 2023Murad Buildings begins the Soy Bo'yi project in Tashkent
The company started the Soy Bo'yi residential project in Tashkent's Uchtepa district.
Product launch - 2023Regnum Plaza launched as a business-class development
Murad Buildings introduced the Regnum Plaza project in the Mirzo-Ulugbek district of Tashkent during spring 2023.
Product launch - 2023Murad Buildings receives repeated Brand of the Year recognition
The company was reported as a consumer-selected Brand of the Year in Uzbekistan's real-estate category for each year from 2019 through 2023.
Other - 2022Nest One recognized as a leading project in Uzbekistan
Nest One received recognition from the Government of Uzbekistan as a best project of the year.
Other
Sources
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