- Business
- Kamanwala Housing Construction Limited engages primarily in the business of real estate development in India, focusing on the construction and development of residential flats, commercial premises, and industrial galas. The company's core products and services include construction and sale of residential buildings; commercial property development including office buildings and retail spaces; and renovation and conversion projects wherein old buildings and tenements are acquired, repaired, renovated, and ownership rights are transferred to tenants at affordable rates. The company also extended its operations to financing housing projects at nominal rates. Headquartered in Mumbai, India, Kamanwala Housing Construction Limited was incorporated in 1984 and has executed numerous prestigious projects in prime locations, with a strategic transition from low-cost housing to high-quality, large-scale developments. Recent major company changes include the planned amalgamation with Shree Saibaba Castings Pvt Ltd, which operates a mini steel plant in Nasik, signaling diversification into the steel sector, and the commencement of new construction projects in Andheri, Mumbai, encompassing both commercial and residential buildings. The company also plans to venture into financing the ship-breaking business. The name change to Kamanwala Housing Construction Limited reflects a sharpened focus on its core construction activities. The company operates under a governance framework with key leadership including Chairman Sandipkumar Andhariya and Managing Director Atul Attarsen Jain. Its consistent focus remains on addressing the housing shortage in Mumbai while expanding into allied sectors and financing solutions to support its development projects.