"KBC Global Unveils New Real Estate Project in Nashik"

KBC Global, a prominent construction and real estate firm, has launched a new residential project in Nashik that features six commercial units and twenty-two residential units. This initiative underscores KBC Global’s commitment to enhancing local infrastructure and supporting the community.

Since April, the company has successfully handed over possession of over 135 residential and commercial units in Nashik. In addition, KBC Global, through its subsidiary KBC International, has signed a Memorandum of Understanding (MoU) with the Liberia Special Economic Zone Authority, marking a significant step in its international expansion.

The new project in Liberia aims to provide residential complexes, low-cost housing, and commercial spaces within the Special Economic Zone. Construction is set to commence in the second quarter of 2025, with an expected completion date within three years.

In June, KBC Global secured a $20 million civil engineering contract with CRJE (East Africa), a subsidiary of the China Railway Construction Group. Additionally, in September, the company fulfilled key payment obligations to Capri Global Capital, securing a waiver on non-financial penal interest, which has reduced its outstanding balance with Capri to ₹3.50 crore.

HBL