KBC Global Ltd (formerly Karda Construction Limited), a key player in the construction and real estate sector, has announced the appointment of Mr. Muthusubramanian Hariharan as Executive Director and CEO, effective July 9, 2024. This decision, confirmed by the Board of Directors on July 8, 2024, signals a new chapter for the company as it seeks to broaden its global footprint.
In a bid to enhance its market presence, KBC Global has inaugurated a new corporate office in Mumbai, located at Maitrya Business Park, Vile Parle. This move aligns with the company’s strategic expansion plans, both domestically and internationally. Notably, KBC Global has recently delivered 109 residential and commercial units, including 76 units in its Hari Kunj Mayflower project in Nashik.
The company’s growth extends beyond Indian borders with a significant development in Africa. KBC Global’s subsidiary, Karda International Infrastructure Ltd, has secured a USD 20 million subcontract from CRJE Ltd for soft infrastructure projects. This contract marks KBC Global’s first major venture into African infrastructure development, emphasizing its expanding global presence.In Kolkata, the real estate market remains vibrant, reflecting broader trends in India’s construction sector. The ongoing expansion of KBC Global and its strategic initiatives are expected to positively influence market dynamics, contributing to an increased demand for high-quality residential and commercial properties in the region.
