Kaarya Facilities and Services Limited, established in 2009 and renamed in 2017, is a facility management company specializing in comprehensive property management for both commercial and residential properties. Initially focused on basic services like cleaning and hospitality, Kaarya expanded its capabilities to offer high-skilled facility management solutions, including housekeeping, maintenance, office administration, and technical services. It has evolved into an integrated service provider, recognized for its expertise in realty operations and maintenance solutions.
The company entered the residential property management sector in 2011 and went public in October 2017, raising Rs 6.40 Crores through an IPO. Kaarya is part of India's rapidly growing facilities management industry, which is driven by urbanization and technological advancements. The industry encompasses services like property maintenance, security, and energy management, with a significant shift towards adopting computerized systems and IoT for efficiency and cost reduction.
