Karma Real Estate Development Company was established in 2015. However, it managed to transform from a construction company into a leading real estate development company, owning and managing its own projects. Karma has achieved an impressive track record in various residential, commercial, and tourism sectors in a relatively short period compared to other companies in the real estate development sector.
Karma’s projects are characterized by their unique architectural designs both inside and outside the units, making it stand out as one of the prominent companies in new city projects such as New Cairo, the North Coast, and the New Administrative Capital. The company has adopted the highest standards of efficiency, creativity, construction, management, and services, which enabled it to obtain the renowned ISO quality certification.
Karma Developments company projects
Inizio Mall New Capital
Inizio Mall New Capital is one of the flagship projects of Karma Real Estate Development Company. The project’s location was carefully chosen in the Financial and Business District of the New Administrative Capital, making it close to vibrant and important areas. The project spans an area of 10,400 square meters, with the buildings occupying 4,900 square meters and the rest dedicated to green spaces and landscape.
Inizio Mall in the New Capital offers a diverse range of activities, including administrative, commercial, and medical. The mall consists of 7 floors in addition to the ground floor, and it features an underground garage that can accommodate 120 cars. There are 188 units in the mall, with unit sizes ranging from 34 square meters to 1268 square meters.
The price per square meter in Inizio Mall New Capital starts from 28,000 Egyptian pounds. The company provides suitable installment plans when purchasing units. Customers can pay 10% of the total price and finance the remaining amount over 9 years, or pay 15% of the price and finance the rest over 7 years, with an additional 10% for maintenance fees. All necessary services and facilities have been provided inside the mall for the convenience of customers.
Inizio Mall in the New Administrative Capital reflects Karma’s vision in delivering distinctive real estate projects in strategic locations that cater to various activities and meet the needs of customers in the New Administrative Capital.
Other Projects by Karma Developments
Other projects executed by Karma Developments include:
- Inizio Mall New Capital.
- Karama Heights 6th of October.
- Karama Plaza 6th of October.
- Karama Beach Ain Sokhna.
- Karama Tower New Cairo.
- Karama City Mall New Capital.
- Karama City Mall 6th of October.
- Karama Plaza New Capital.
- Karama Beach Ras Sudr.
- Karama Plaza Ras Sudr.