Akar Creations Pvt Ltd is the real estate arm of the Rs. 150 crore Borkar group having a diversified presence in packaging, retailing and real estate. Borkar Group was founded in the year 1910 as a retail kiosk and eventually spread its wings into printing and packaging and later - the construction industry. The retailing arm of Borkar Group today encompasses a chain of supermarkets spread out in the city of Margao-Goa. As far as packaging division is concerned, the group has a total of three factories in Goa, Daman and Himachal Pradesh and are one of the largest manufacturers of packaging cartons in India. Speaking about real estate, During this time the company commissioned a variety of innovative projects in Goa, many of which have become landmarks in the places they are located. Pancharatna - a commercial complex made up of five buildings, residential complexes like Indraprasta, Nandanvan, Ashiana, Mahalaxmi, JB Apartments - just to name a few.