Commercial · Retail · Flex · Industrial

— About KARMA

An owner-operator,

not a developer that exits.

Fig. 01

Shivarth Ambit · Owned & operated

01 How we think

Invest. Develop. Own. Lease. Operate — the same institution before, during and long after construction.

KARMA Ventures invests in, develops, owns and operates commercial real estate across Commercial, Retail, Flex and Industrial asset classes. Permanence over transaction shapes every decision — on design, tenancy, and capital structure — differently than a build-to-sell model would.

01

Invest

Before construction

02

Develop

03

Own

During

04

Lease

05

Operate

Long after

02 Who leads us

Leader­ship

Office lift lobby

Kritika Manjani

Head of Leasing

Verify

Office lift lobby

Arjan Bhatia

Founding Partner

Verify

Office lift lobby

Manohar Bhatia

Founding Partner

Verify

Office lift lobby

Amit Bhatia

Managing Partner

Verify

03 Portfolio philosophy

Four asset classes, one operating discipline.

Commercial and Retail assets such as Shivarth Ambit and Shivarth THE ACE are owned and operated directly. Flex space is delivered through Karma Workspaces. Industrial capacity spans an operating warehousing facility today, with a future logistics park in development near Sanand.

01 Commercial

Owned & operated directly

02 Retail

Owned & operated directly

03 Flex

Through Karma Workspaces

04 Industrial

Operating today · developing near Sanand

04 Get in touch

Start a

conversation.

Owner-operated real estate.

Built for the long term.

Ahmedabad, Gujarat, India

© Karma Ventures

Develop · Own · Operate