Karda Constructions has commenced the construction work of building Destination One Mall, against the work order awarded by Shree Sainath Land & Development (India). The work order is of worth Rs 330.00 million.
The company as on the current date has total contracts orders worth Rs 1835.14 million in hand including the above mentioned contract. The forward integration to contractual construction, enables the company to mitigate the risk of dependency on the cyclical nature of real estate business, and also widens its reach with minimal capital requirements.
Karda Constructions is primarily in construction of residential projects and recently they have been innovative in their approach to push the affordable housing segment by coming up with schemes such as ‘Capsule Homes’.
