While the Karma Group started with Karma Developers, today it is made up of 9 companies. Karma Developers was established in 1985 and is the founding member of the group. Until now, it has delivered more than 3,000 quality properties and it is continuing to offer unique designs in the best costal prime locations. Two years later, in 1990, the Multiflow was created which is based in Larnaca and it provides mechanical engineering studies, designs, installations, and maintenance.
As Karma Group’s aim is to provide services and meet all the consumers’ needs, is one of the shareholders in Athens Cypria Hotel, located in the heart of Athens – Greece. This hotel is build since 1995 and it offers 115 rooms designed to ensure personal comfort and relaxation. Market Demands were increasing, so did the Group’s aims. In 1998, Karma Group announced the existence of another company, Karma Hellas, which is formed to provide turnkey student apartments and it has in its portfolio several completed developments in Greece’s capital, Athens.
The year of 2003, was another significant year for the Group’s Development. Precisely, Karma Rentals and the TLC Property Management were the new companies under the umbrella of the Karma Group of Companies. Karma Rentalswas established in 2003 and aims on promoting and renting the holiday property. It ensures the guests’ comfort and provides assistance during the stay, at the same time with arranging all the welcome packages. TLC Property Management which was also established in 2003, it was developed to offer care and maintenance to all the Karma properties, providing various properties’ conservation.
A year after, a new multiplex area was established in the landmark of Protaras. Eden Square was the new promising development engaging 3 restaurants, 2 bars and a playground for children.
Having the customer in the center of the Groups aims, their personal care, loyalty and trust is one of the group’s main visions. For this reason, Karma Charity was created in 2010 and its main concern is consumer awareness. Additionally, it organizes annually events to help sensitive groups.
As Karma Group is undertakes the development of thousands of properties, Karma Construction engages another shareholder of the group. Established in 2016, it uundertakes constructions for simple and complex buildings and has all the necessary guarantees, well-trained scientific personnel and machinery.