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Good Karma Hospitality Pvt. Ltd.

Good Karma Group of Companies Private limited (Holding Company, Parent Company) has undertaken the construction and development of a greenfield apartment complex in Kathmandu Nepal totalling 186 apartments, of which 56 serviced apartments are proposed to be operated by Marriott International (the Operator, Marriott) and the balance 130 apartments will be sold to the general public. The 56 serviced apartments (the Project) will be owned by the sponsors under a 100% subsidiary company of the Parent Company named Good Karma Hospitality Pvt. Ltd. (Company).

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USD 7.0M budget·USD 0 disbursed·International Finance Corporation implementer·Kathmandu, Bagmati location·Jun 28, 2024 → End not reported timeline

Overview

About this project

Good Karma Group of Companies Private limited (Holding Company, Parent Company) has undertaken the construction and development of a greenfield apartment complex in Kathmandu Nepal totalling 186 apartments, of which 56 serviced apartments are proposed to be operated by Marriott International (the Operator, Marriott) and the balance 130 apartments will be sold to the general public. The 56 serviced apartments (the Project) will be owned by the sponsors under a 100% subsidiary company of the Parent Company named Good Karma Hospitality Pvt. Ltd. (Company).

Record quality

80% complete

1 source · confidence 65%

Not reported by the available sources: end date, disbursement, partner organizations. This is intentionally shown as unavailable rather than estimated.

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Progress

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Alignment

SDG focus

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