#Comparisons

BI Group or Beles Holding: developer comparison

BI Group vs Beles Holding based on state register facts: rating, buyer protection schemes, on-time completion, delays, sales from July to 30 September 2026, new projects, top residential complexes. Building in common: Astana.

Key points

BI Group and Beles Holding build in the same city: Astana (339 and 6 projects). Below are only facts from the state register of shared-equity construction, with no reviews or advertising: rating, protection schemes, timing, sales, supply by room count and sales launches.

В рейтинге застройщиков Казахстана по продажам BI Group — 1-е место (45 194 проданных квартир за всё время), Beles Holding — 13-е место (461); балл Salemdom по фактам реестра — 77,5 и 37,8. С июля по 30 сентября 2026 BI Group отметил в реестре +4 193 проданных квартир, Beles Holding — +137.

Salemdom AI commentary

Key points

The main difference between the developers lies in the scale of operations and experience. BI Group ranks 1st in sales with 45 194 apartments sold all-time and 523 projects in the register, with a Salemdom score of 77.5. Beles Holding ranks 13th with 461 apartments sold, 6 projects in the register and a Salemdom score of 37.8.

Where and how they sell

BI Group sells in Astana (339 projects), Almaty (114), Shymkent (51) and Atyrau (16), offering elite, business, comfort, economy and compact-class housing. Beles Holding operates in Astana (6 projects), where it builds comfort and economy-class housing. 29 369 apartments remain for sale at BI Group and 1 427 at Beles Holding, including options from 1 to 5+ rooms.

Equity holder protection and deadlines

Equity holder protection is provided through different schemes: at BI Group, 86% of projects have BVU participation (448 BVU, 44 KHC, 31 MIO); at Beles Holding, 0% (0 BVU, 0 KHC, 6 MIO). On completion timing, BI Group obtained on-time certificates in 44 of 46 cases, with 44 projects overdue. Beles Holding has 3 overdue projects.

Takeaway for buyers

To choose a specific residential complex, rely on the register data for each project. For example, by the end of 2026 completion is planned for 45 BI Group complexes (including Dream City Eco - B and Space 2) and 1 Beles Holding complex (Namys). Compare the protection scheme, completion date and sell-through of the specific complex in the Guarantees section on Salemdom.

Commentary prepared by Salemdom AI strictly from the issue's figures.

Comparison based on register facts

IndicatorBI GroupBeles Holding
Rank by sales113
Apartments sold all-time45 194461
Salemdom score (out of 100)77,537,8
Objects in registry5236
CitiesAstana (338), Almaty (114), Shymkent (51), Atyrau (16)Astana (6)
In the shared-equity market10 years1 year
With bank participation (BVU)86% of projects0% of projects
BVU / KHC / MIO schemes448 / 44 / 310 / 0 / 6
Apartments in the register, sold95 271, 47 %1 888, 24 %
Completion date reached354 of 5233 of 6
Completion certificates on time44 of 46—
Просрочено (готовность < 100 %)443
Entries in the unscrupulous developers list00
New projects in the period161

How the rating is built

The Salemdom score is the sum of six components based on state register facts. Higher by component: scale — BI Group; experience — BI Group; register timelines — BI Group; demand — BI Group; transparency — BI Group.

ComponentBI GroupBeles HoldingMaximum
Scale2510,525
Experience153,115
Registry deadlines136,720
Demand9,44,920
Transparency7,14,712
Supervision888

Where they overlap: cities

Астана: у BI Group 339 объектов (продано за период +2 714, распроданность 49 %, с банком 81 %), у Beles Holding — 6 объектов (+137, 24 %, с банком 0 %). В продаже остаётся 29 369 и 1 427 квартир.

CityBI Group: projectsBeles Holding: projectsBI Group: soldBeles Holding: soldBI Group: remainingBeles Holding: remaining
Astana3396+2 714+13729 3691 427

Sales by month

Net increase in apartments sold in the register by month. Over the whole period, BI Group sold more. Negative values are cancellations or data corrections.

MonthBI GroupBeles Holding
July+1 239+80
August+1 513+9
September+1 441+48

Housing classes

BI Group has the most projects in economy class (213), Beles Holding — also economy (5). Class follows the national comfort standard stated in the register.

ClassBI Group: projectsBeles Holding: projects
Luxury110
Business class1040
Comfort Class911
Economy class2135
Compact380

Apartments on sale by room count

How many apartments of each type are still unsold and their typical area (median across projects) — based on the latest state register export.

RoomsBI Group: remainingBI Group: areaBeles Holding: remainingBeles Holding: area
111 79939.8 m²83738 m²
215 72757.7 m²27863.7 m²
311 09783.4 m²21682.4 m²
43 370118.4 m²67122 m²
5+172189.8 m²0—

Completion by the end of 2026

Плановый срок ввода до конца года — у 45 ЖК BI Group (не продано 2 093 квартир) и у 1 ЖК Beles Holding (не продано 248).

BI Group: Dream City Eco - B — October 1, 2026; GreenLine.Aurora - 2 — October 1, 2026; MOD Urban — October 5, 2026; GreenLine Headliner Exclusive-2 — October 6, 2026; Space 2 — October 9, 2026.

Beles Holding: Namys — December 8, 2026.

Sales launches in the period

New projects in the register from July to 30 September 2026: BI Group — 16 residential complexes (UIA. DARYN - H, Saulet 3, Yrysty-2, Jetisu Bereke B, Arena City Life D), Beles Holding — 1 (Beles Park).

BI Group's best-selling residential complexes

ЖКCitySold in the periodRemainingSold-out rate
4YOU Shymkent BusinessShymkent+2464689 %
GreenLine.Verda - 1Astana+1312790 %
UIA.BIRLIK CAstana+12220637 %
Parkland DAstana+11821341 %
Grand Park Vita - 2Shymkent+11315472 %

Beles Holding's best-selling residential complexes

ЖКCitySold in the periodRemainingSold-out rate
NamysAstana+9324854 %
Beles CityAstana+445071 %

Bottom line

Продаж за период: больше у BI Group (4 193 против 137).

Projects in the register: more at BI Group (523 vs 6).

Projects with bank participation (share): higher at BI Group (86% vs 0%).

New projects (sales launches): BI Group has more (16 vs 1).

Fewer overdue projects at Beles Holding (3 vs 44).

The choice depends on the specific residential complex: the protection scheme, completion date and sell-through vary greatly between complexes of the same developer. Check each residential complex in the "Guarantees" section on Salemdom — or submit a request, and a broker will compare options from both developers.

Frequently asked questions

Who is more reliable: BI Group or Beles Holding?

Based on state register facts: Salemdom score — 77.5 for BI Group and 37.8 for Beles Holding; equity holder protection schemes (BVU / KHC / MIO) — 448 / 44 / 31 and 0 / 0 / 6, all three equal under the law; overdue projects — 44 and 3; entries on the unscrupulous developers list — 0 and 0. We do not take reviews into account.

Who has more new builds with bank participation?

Bank participation: BI Group — 448 projects with BVU (86%), Beles Holding — 0 (0%). The KHC and MIO schemes are also provided for by the law on shared-equity construction.

Who completes buildings on time?

BI Group: planned completion date has arrived for 354 of 523 projects, on-time completion certificates — 44 of 46. Beles Holding: 3 of 6.

Whose apartments sell better?

С июля по 30 сентября 2026: BI Group — +4 193, Beles Holding — +137 проданных квартир по реестру.

Who has more apartments on sale?

По реестру не продано 42 165 квартир у BI Group и 1 398 у Beles Holding. Подробно по комнатности — в таблице выше.

Who builds more in Astana?

BI Group — 339 объектов, Beles Holding — 6. Продано за период: +2 714 и +137.

Who has more new projects?

From July to 30 September 2026, 16 BI Group residential complexes and 1 Beles Holding residential complex were added to the register.

Where do BI Group and Beles Holding build?

BI Group: Astana — 338, Almaty — 114, Shymkent — 51, Atyrau — 16, Karaganda — 3. Beles Holding: Astana — 6.

How to choose an apartment from BI Group or Beles Holding?

Compare specific residential complexes: protection scheme, completion date, sell-through and price. A Salemdom broker will select options from both developers and check them against the register. Buy an apartment with a Salemdom broker and get a double mattress as a gift.

Methodology: monthly sales are the increase in the "sold" field in the register for projects that were in the register at the start of the month. Decreases (cancellations, corrections) are shown separately. If a developer temporarily reset the number sold to zero and restored it the following month, this counts neither as sales nor as cancellations. New projects are those that entered the register during the month; sales already recorded when they entered the register are not included in the month's sales. Sell-through and remaining stock are as of the end of the month.

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