Malik Riaz Hussain is well regarded as one of the best investors, business leaders, real estate developers and business moguls in Pakistan. He is the chairman and founder of Bahria Town and he founded the company around two decades ago with his futuristic vision and efforts. The company is well regarded as one of the leading private real estate companies in Asia. It has really seen great growth over the years. It goes without saying that Malik Riaz is the seventh richest person in Pakistan and one of the leading businessmen. He always takes part in social work run by his company with several charitable works. Currently, Bahria Town has over 60,000 employees working hard and it definitely makes them a name to reckon with.
Academic Background and Personal Life:
Malik Riaz Hussain is a well known businessman who has witnessed all the aspects of life since a young age. When he was younger, he had faced a lot of hardships in the period. Due to the bankruptcy of his father, he had to leave his studies in the middle and he had to work part time to earn livelihood for his family. It all started with the bankruptcy of his father. He was a contractor back then. Suddenly, the whole family had to face bad times.
But Malik Riaz worked for MES as a clerk and painter for the rest of time. He struggled a lot in his early life. It was all about his hard work and talent due to which he became a contractor in the Pakistan military. Malik Riaz married Beena Riaz. He has two children – Amber Shehzad Malik who is his daughter and Ali Riaz Malik, who is his son.
Career and Professional Life:
Malik Riaz has worked for military engineering services as a contractor. He worked hard till he came out as one of the richest businessmen in Pakistan. He earmarked Bahria Town and led his company to achieve great positions in the country. Eventually it became Asia’s leading real estate development firm under his leadership. In the short time period, he has been the most popular businessman in the nation. Bahria Town apparently scaled great heights while increasing its reach to cities like Islamabad, Lahore, Rawalpindi and Karachi. Malik Riaz Hussain has been one of the visionary leaders of the real estate industry. He has been ensuring great participation in several social activities in the nation. He started famous Dastarkhwans to serve millions of poor and needy citizens by giving them free meals.
Projects led by Bahria Town:
Malik Riaz Hussain took his company Bahria Town to immense heights over the past years and this company has handled a lot of leading projects like Blue World City Islamabad, DHA Smart City Islamabad, Bahria Town Karachi, Bin Alam City Islamabad, Bahria Town Lahore, Bahria Town Rawalpindi and more. He is also building the largest mosque in the country under the project Bahria Town Karachi along with Paradise precincts and Golf City, a sports city. He is going to bring the right focus and approach for all the projects he led. His company Bahria Town has proved its presence as one of the top real estate companies in Asia.
Malik Riaz has expanded his empire with ambition and passion under Bahria Town Group. Riaz is well known as an open-minded businessman and he shouldn’t be looked at with traditionalism and religiosity, according to Dr. Ayesha Siddiqa. The profiles of his employees show that he only hires women in senior and middle management levels as he thinks that they are efficient, diligent and hard working. Bahria Town has a lot of projects in Rawalpindi, Lahore, Murree, Islamabad and Karachi.
How did he become the 12th richest man in Pakistan?
In the 1980s, he started up as a small time contractor. However, how he climbed up the success ladder from a clerk in MES and biggest business magnates are very sketchy. Bahria Town is the brainchild of Malik Riaz Bahria Town which everyone knows in Pakistan. But he has launched one of the largest private real estate projects in Southeast Asia. Bahria Town is stretched over 45000 sq. acres.
About Malik Riaz Hussain Bahria Town:
Founded in late 1990s, Bahria Town has built its first gated community on Grand Trunk Road in Southern Rawalpindi region. It had expanded to nine phases by the mid 2000s and divided into two different compounds. The second gated community of Bahria Town is built in Southern Lahore and is influenced by Greco-Roman culture. Bahria Town Karachi was opened in 2015. It is the largest gated community. Bahria Enclave Islamabad is the smallest community launched in the year 2013.
A lot of such communities are leading towns and the oldest community is stretched over 40,000 sq. acres in Rawalpindi. Bahria Town Karachi is the under-construction project stretched over 44000 acres. It is the leading private residential landmark in Pakistan.