Via leveraging its vast network, NKGroup has been able to successfully construct, develop and lease / sell residential as well as commercial structures within the GCC and India. The real estate development arm has been operational over 18+ years, and during this period, the division has successfully executed the development and sale of over 14 million sq. ft area (as of 2007).
In Dubai, the Neelkamal Group has constructed a number of super deluxe apartment blocks, complete with basement parking, fully fitted modern kitchens, baths, decorative granite floors, wall finishes and health clubs. Our constructions in Bur Juman area and Jumeirah in Dubai are a concrete testimony to our construction skills. Our other major projects include a star hotel in Dubai and a major shopping mall in Bahrain, with many more under planning and conceptual stages.
Keeping in view, the constant demand for residential and commercial property in the GCC, the Neelkamal Group has initiated steps to transform this informal and unorganized sector of property management into a professionally managed, investment backed business. This has been possible by creating a property management infrastructure to cater to long/short term leasing of flats, commercial premises and warehouses, managing of apartment buildings, buying/selling of building plots and outright purchase of developed property for leasing.
The Neelkamal Group has been a leading developer of real estate also in Bombay, India, having been a trailblazer with innovative concepts in planning townships, elegant residential areas and complexes. These projects comprising commercial as well as residential properties include multi-storied buildings, hi-rise towers & independent housing units, providing the best of facilities such as clubhouses & landscaped gardens.
Some of the major projects totaling over 2 million sq. ft. of construction area include Shreenath Tower at Kandivali (West), Sterling Centre at Andheri (East), Centre Point at Santa Cruz (West), Sarovar Lake Palace at Powai and Nitin Nagri at Vasai (East).