Is Karmaa one company?

No. Karmaa is 2 legally separate firms that the RERA register shows are controlled by the same people, with 4 RERA-registered projects in total. Each firm files independently and carries its own liability.

Which firms make up Karmaa?

KARMAA BUILDERS, KARMAA REALTY — 2 filed firms in total.

How were these firms linked into one group?

From the public RERA filings: these firms share 2 controlling partners in common. The individuals' identities are not published — only the firms and their counts are shown.

Commonly-controlled group · dossier

Karmaa

Name: Karmaa — commonly-controlled builder group
Creator: Horizon

Maharashtra

gethorizon.in/builders/groups/maha-karmaa

2 legally separate firms the RERA record shows are controlled by the same people — 4 projects across Maharashtra, on the record since 2017.

Each firm carries its own liability. A shared track record is context for who is behind a project — not a guarantee for any one project.

What they build

Residential 75%Commercial 25%

The firms in this group

2 on the record

Each is a legally separate company with its own liability — the record shows the same people control them. Any flag stays attributed to the firm that carries it.

KARMAA BUILDERSMaharashtra

Projects: 3
Ongoing: 2
On record: 2017–2024

1 lapsed / revoked2 complaints1 possession passed

KARMAA REALTYMaharashtra

Projects: 1
Ongoing: 0
On record: 2017

Portfolio, summed

Everything the group's firms declared at registration, added up across all their projects on the record.

4: Projects
2: Filed firms
2: Cities
2017–2024: On the record
1: Authorities

What they build

Residential3 75%
Commercial1 25%

Where they build

Maharashtra4 projects

Top cities

Nashik3 projects
Mawal1 projects

Who approves them 1 authority

Pune Metropoliten1 projects

Track record over time

When the group's projects were registered, and when the filed pipeline is due to complete.

New projects each year

Completion pipeline

By each project’s filed (or revised) possession year.

Timelineevery project, start → promised completion

KARMAA PINNACLEKARMAA GALAXYThe AvenueARANYA

On the record legally

What the public register carries about delivery and disputes across the group — facts to raise, never a verdict. Every flag names the firm and project it belongs to.

2: Ongoing
2: Completed
1: Possession date passed

2 complaints on the record across the group's firms.
1 registration lapsed, revoked or surrendered.

Projects carrying a flag on the record

The AvenueNashik (M Corp.), Nashik
KARMAA PINNACLENashik Road, Nashik

Complaints, litigation and escrow are shown only where the state authority publishes them, and many do not. An absent signal is silence, not proof of a clean record — verify with the authority and your own lawyer.

The projects

4 on the record

Residential / Group Housing

ARANYA

KARMAA BUILDERS · Shilatane · Mawal

Feb 2024registered

Dec 2026target completion

Floors2Buildings60Parking180 spaces

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Commercial

The Avenue

KARMAA BUILDERS · Nashik (M Corp.) · Nashik

Feb 2020registered

Mar 2022target completion

Units44 unitsMix44 × ShopCarpet area16–83 sq m

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Residential / Group Housing

KARMAA PINNACLE

KARMAA BUILDERS · Nashik Road · Nashik

Jul 2017registered

Jul 2019target completion

Units46 unitsMix28 × 2 BHK · 9 × Office · 9 × ShopCarpet area18–61 sq m

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Residential / Group Housing

KARMAA GALAXY

KARMAA REALTY · Nashik (M Corp.) · Nashik

Aug 2017registered

Dec 2017target completion

Units188 unitsMix79 × 3 BHK · 55 × 2.5 BHK · 54 × 2 BHKCarpet area67–151 sq m

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