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Biponi Bitan

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Biponi Bitan, widely known as New Market, is the largest commercial shopping center in Chittagong, Bangladesh.

Last updated August 25, 2026

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Nov 4, 2026
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Overview

Biponi Bitan, commonly called New Market, is a major commercial shopping center in Chittagong, Bangladesh. It stands at New Market Junction on Jubilee Road and has historically served as one of the city’s most important concentrations of retail activity. The center began operating in 1964 with 458 shops, making it a substantial organized marketplace at a time when much of Chittagong’s retail trade was distributed among established stationery, textile, and general stores in areas such as Reazuddin Bazar and Teribazar. The establishment of Biponi Bitan changed the geography of urban shopping in Chittagong. A number of prominent businesses moved into the new center, and several older commercial locations subsequently lost some of their previous prominence. From the period after Bangladesh’s independence through the 1980s, Biponi Bitan was regarded, alongside Reazuddin Bazar, as one of the city’s principal shopping districts. Its role therefore extended beyond that of an individual retail property: it became a recognizable landmark and a central part of Chittagong’s commercial identity. The complex is housed in a four-story building divided into two blocks. Available descriptions identify a broad mix of merchandise and services, including clothing, cosmetics, electrical appliances, cottage-industry goods, gold and watches, and footwear. The center is organized as a collection of separately operated shops rather than as a single branded department-store chain. As of 2023, the building was reported to contain approximately 512 stores, compared with the 458 shops recorded when it began its operations. Biponi Bitan’s importance is primarily local and regional. It serves consumers seeking apparel, personal-care products, household and electrical goods, traditional or locally produced merchandise, jewelry, watches, and shoes in a central urban setting. The available reference material does not identify a corporate parent, publicly listed owner, founder, official website, financial disclosures, executive leadership, or national chain structure. It is consequently best understood as a prominent Bangladeshi shopping complex and retail landmark rather than an internationally managed consumer brand.

History

Biponi Bitan began its operations in 1964 with 458 shops. Its creation represented a major development in the organization of retail commerce in Chittagong, where established stationery and textile businesses had previously been concentrated in several older market areas. Contemporary accounts identify businesses such as Wadud, Malabar Stores, Chaity Stores, Lucky Stores, Kasem Stores, Paramount Stores, Majumder Brothers, Chand Stores, Kashmir Stores, Reazuddin Bazar, and Teribazar among the city’s earlier commercial institutions. After Biponi Bitan opened, a number of larger businesses relocated into the new center. This shift reduced the relative popularity of some previously prominent stores and helped establish Biponi Bitan as a focal point for city shopping. In the post-independence period and through the 1980s, it was one of Chittagong’s leading commercial areas, sharing that role with Reazuddin Bazar. The property consists of a four-story building separated into two blocks. Its tenant mix has included clothing, cosmetics, electrical appliances, cottage-industry products, gold and watches, and footwear. The complex expanded from its original 458 shops to approximately 512 stores by 2023, according to the available reference material. The sources do not provide a detailed account of ownership, renovations, management, financing, or individual tenant histories. They also do not establish a formal national brand network. Biponi Bitan is therefore documented primarily as a historic and prominent shopping center in Chittagong, rather than as a conventional product brand or corporate retailer.

  • 2023

    Approximately 512 stores reported

    [1]

    The four-story complex is described as containing approximately 512 stores across its two blocks.

  • 1964

    Biponi Bitan opens

    [1]

    The shopping center begins operations with 458 shops, creating a major organized retail destination in Chittagong.

  • Retail activity shifts toward the new center

    [1]

    Several established businesses move into Biponi Bitan, contributing to the decline in prominence of some older shopping locations in the city.

Products and positioning

A central, multi-category urban shopping center serving Chittagong consumers through a large concentration of independently operated retail shops.

  • Apparel retail

    Clothing

    Clothing is one of the principal merchandise categories associated with Biponi Bitan. The center’s multi-shop format allows apparel retailers to serve a broad range of everyday urban shopping needs.

  • Beauty retail

    Cosmetics

    Cosmetics and personal-care goods are among the product categories identified in descriptions of the center’s shops.

  • Consumer appliances

    Electrical appliances

    Retailers offering electrical appliances form part of Biponi Bitan’s broad merchandise mix, extending the center beyond apparel and personal goods.

  • Jewelry and watches

    Gold and watches

    Gold, jewelry, and watches are among the specialist goods associated with the shopping center’s stores.

  • Footwear

    Shoes

    Footwear is another documented retail category within the center’s tenant mix.

Sources1 sources

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