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Established in 2015, Karma Developments شركة كرمة للتطوير العقاري has swiftly transitioned from a construction entity to a pioneering real estate development company, achieving ownership of its projects. Despite its relatively recent inception compared to other firms in the sector, Karma Construction has amassed a noteworthy record of accomplishments across residential, commercial, and tourist sectors.
Karma Developments projects are distinguished by their exceptional architectural design both internally and externally, setting them apart as a standout company, particularly in new cities such as New Cairo, North Coast, and the New Capital. The company has adhered to the highest standards of efficiency and creativity in construction, management, and services, earning the prestigious ISO certification for quality.
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Inizio Mall New Capital is one of Karma Developments projects, strategically located in the Financial and Business District. Therefore, it is proximate to vital areas. Inizio Mall covers an area of 10,400 m2, with 4,900 m2 dedicated to buildings and the remainder to green spaces and landscaping.
Additionally, Inizio Mall New Capital hosts a variety of activities, including administrative, commercial, and medical units for sale, spread across 7 floors plus the ground floors. Karma Developments has also included a parking garage with a capacity for 120 cars. The mall comprises 188 units, with spaces ranging from 48 to 1,268 m2.
Moreover, a convenient price per meter, starting from 75,000 EGP, is provided in Inizio Mall, allowing clients to buy units with affordable total prices starting from 3,700,000 EGP. Investors can book units with a down payment starting from 10%, followed by installments over up to 9 years. Karma Developments also requests for a 10% maintenance expenses.
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Karma Developments recognizes that success is a team effort, therefore, it has fostered partnerships across various sectors. This collaborative approach extends to investment management, where Karma Developments has formed alliances with investors who support the national economy. The engineering management, a cornerstone of the company, ensures the implementation of all specifications and conditions essential for the system’s success.
Additionally, financial management plays a crucial role by setting competitive prices. These partnerships underline Karma Construction commitment to teamwork and excellence in its projects, contributing to making it a leading real estate company in the Egyptian market in a short period.
