Raaf Group Developer: Residential complexes, guarantees, and deadlines according to the state register
Developer Raaf Group: 1 shared-equity project in the state register (Almaty — 1), since 2023. BVU/KHC/MIO schemes 0/1/0, 39% of apartments sold, #35 in the rating…
- Properties in registry: 1
- Residential Complex: 1
- Cities: Almaty (1)
- Construction start date: 2023
- Bank / Housing Savings Bank / Local Executive Body schemes: 0 / 1 / 0
- Apartments in registry: 233, 39% sold
- Scheduled completion date reached: 1 of 1
- Completion certificates in the registry: 1
- Place in the sales ranking: 35th of 62, 92 apartments sold
- Salemdom score: 50.3 out of 100
Residential complexes by developer Raaf Group on Salemdom
Almaty · 1
- RAAF Park Completed
Registered Legal Entities
- ТОО "Life Kurmangazy" — БИН 170840003753
Score breakdown
- Scale: 3.8 out of 25
- Experience: 5.3 of 15
- Registration deadlines: 13.3 out of 20
- Demand: 7.9 out of 20
- Transparency: 12 out of 12
- Supervision: 8 out of 8
How the score is calculated
The score from 0 to 100 is made up of six components, each calculated solely from facts in the state register of shared-equity construction (homeportal.kz). Reviews, advertising and opinions are not taken into account. The equity holder protection schemes — BVU, KHC and MIO — are equally valid: all three are provided for by law, so the scheme does not affect the score. The weights are published so they can be discussed. Brands with a single project in the register are not ranked, as a score based on one building is unreliable.
| Component | Max. | Materials |
|---|---|---|
| Scale | 25 | Number of listings in the registry |
| Experience | 15 | years from the start of construction (8 years = maximum) |
| Registry deadlines | 20 | доля объектов с наступившим плановым сроком ввода; минус, если срок прошёл, а прогресс < 100 % |
| Demand | 20 | Sold-out rate according to registry data |
| Transparency | 12 | photos, residential complex website, and KZhK monitoring report |
| Supervision | 8 | Managed by an authorized or supervisory company |
| Penalty | -30% | The legal entity is on the official blacklist of unreliable developers. |
Frequently asked questions
Is Raaf Group a reliable developer?
Reviews are subjective, so we look at the facts in the state register of shared-equity construction. Salemdom score based on register facts — 50.3 out of 100. With bank participation — 0 of 1 project, with a KHC guarantee — 1. The brand’s legal entities are not on the list of unscrupulous developers.
How many properties does the developer Raaf Group have in the state register?
1 shared-equity construction project — 1 residential complex (Almaty — 1).
In which cities does Raaf Group build?
According to the state register, Raaf Group is developing in one city: Almaty — 1.
How many years has Raaf Group been in the market?
The first Raaf Group project to be entered into the state register of shared construction began in 2023—approximately 2 years ago. Only projects funded by shared equity participants are included; properties built before the register was established or funded by the company's own capital are not listed.
Which Raaf Group residential complexes are available on Salemdom?
Salemdom features 1 residential complex by Raaf Group: RAAF Park. The project page provides registry data, completion dates, location, and—where sales have launched—floor plans and apartment prices.
Which Raaf Group residential complexes are currently under construction and what are their completion dates?
As of the register export date (October 12, 2026), all Raaf Group projects have already reached their scheduled completion date. New phases will appear in the register once the developer obtains a permit to raise funds.
Does Raaf Group deliver homes on time?
Of the properties with a completion date, 1 has already reached its scheduled deadline. There is 1 commissioning certificate in the registry, and it was issued on time. Since the registry is updated with a delay, we recommend verifying the current handover status of a specific building—leave a request on Salemdom, and we will check for you.
Does Raaf Group have any overdue construction projects?
According to the registry, one Raaf Group project has passed its scheduled completion date while construction remains under 100%. Consequently, the rating score for timelines has been reduced. Before purchasing in such a building, verify whether the permit has been extended and which scheme protects shareholders' funds.
What equity holder protection schemes does Raaf Group use?
According to the register: second-tier bank participation — 0 projects, Kazakhstan Housing Company guarantee — 1, akimat permit — 0. With bank participation, equity holders' money goes through the bank under its control; a KHC guarantee means the building will be completed if the developer runs into trouble; an akimat permit is issued after the building frame is erected. All three schemes are provided for by law.
Is it possible to purchase an apartment from Raaf Group using a bank escrow account?
No: Raaf Group has no bank-involved projects in the registry; 1 project is under KZhK guarantee. On average, 61% of projects in the registry are built with bank participation.
How many apartments has Raaf Group sold?
According to the registry, the developer has 233 apartments, with 92 sold — 39%. Sales data is available for 1 out of 1 project; since the developer updates the occupancy rates manually, the figures may be outdated.
How can I find out the prices for Raaf Group apartments?
Raaf Group does not currently have a public listing of apartments and prices on Salemdom. Please submit a request on Salemdom, and a broker will provide details on availability, pricing, and installment or mortgage options for your chosen residential complex.
Is Raaf Group on the list of unreliable developers?
No: Raaf Group legal entities are not on the official list of unreliable developers. We verify by BIN every time the registry is updated.
Where does Raaf Group rank among Kazakhstan's developers?
35th place in the ranking of Kazakhstan developers by sales: 92 apartments sold in total across all Raaf Group projects in the state register of shared-equity construction. The ranking counts only the number of apartments sold — no ratings or advertising. Separately, based on register facts (scale, experience, timeliness, demand, transparency, supervision), Raaf Group has a Salemdom score of 50.3 out of 100.
What are the strengths and weaknesses of Raaf Group compared to other developers?
Raaf Group’s strongest rating components: transparency — 12 out of 12, supervision — 8 out of 8. Weakest: scale — 3.8 out of 25, experience — 5.3 out of 15. Each component is calculated from register facts; the score formula is published on the rating page.
How does Raaf Group compare to other developers in Almaty?
In Almaty, 25 developers have projects in the register; by rating score, Raaf Group ranks 13th among them. The top is BI Group (77.5). Raaf Group has 1 project in Almaty.
How transparent is the developer Raaf Group?
According to the registry, 100% of Raaf Group properties provide construction photos, 100% have a residential complex website, and 100% include monitoring reports from the Kazakhstan Housing Company. The more open materials available for a property, the easier it is to verify the actual progress of construction.
Who supervises the construction for Raaf Group?
An authorized or supervisory company is listed in the registry for 100% of Raaf Group properties. For one property with a KJK guarantee, construction progress is additionally verified by the Kazakhstan Housing Company.
Which legal entities are listed for Raaf Group in the shared construction registry?
ТОО "Life Kurmangazy" (БИН 170840003753). Объекты одного бренда часто оформлены на разные ТОО — перед сделкой сверьте БИН в договоре с реестром.
What is Raaf Group's largest residential complex?
Based on the number of apartments in the registry — RAAF Park (Almaty): 233 apartments, scheduled completion — February 2026.
How to vet Raaf Group before buying an apartment?
Find the project in the shared-equity construction register and check three things: the seller’s BIN in the contract matches the developer’s BIN in the register, the money protection scheme (bank participation, KHC guarantee or akimat permit) and the scheduled completion date. On Salemdom, all of this is collected in the “Guarantees” section of each Raaf Group residential complex, which also shows whether there is an entry in the list of unscrupulous developers.
How to buy a Raaf Group apartment via Salemdom?
Choose a residential complex and an apartment on Salemdom and submit a request. A Salemdom broker will confirm availability and the current price, compare mortgage programs, and assist you with the transaction. Buy an apartment with a Salemdom broker and receive a double mattress as a gift.
Where does the data for the developer Raaf Group come from, and how often is it updated?
From the state register of shared-equity construction (homeportal.kz): project cards, protection schemes, deadlines, sales and the list of unscrupulous developers. The register is re-read at least once a week; the latest export was on October 12, 2026. Apartment prices come from the catalogs of developers connected to Salemdom.
Raaf Group sales by month
35th place в in the Kazakhstan developer sales ranking: 92 apartments sold in total according to the state register.
| Month | Sold | Net change | New objects | Overview |
|---|---|---|---|---|
| September 2026 | 0 | 0 | 0 | digest |
| August 2026 | 0 | 0 | 0 | digest |
| July 2026 | 0 | 0 | 0 | digest |