Delhi August 20 2012: Raising the bar of real estate awards, developers’ apex body CREDAI has felicitated the Archaeological Survey of India (ASI) with the Best Maintained National Monument award for their maintenance of the historic Fatehpur Sikri.
At a star-studded and glittering award function held recently in Mumbai CREDAI also honoured the doyen of real estate, Mr. Shantilal Muttha, Chairman and Managing Director of Muttha Group of Companies, for his outstanding contribution to the real estate sector.
A relic of the Mughal era, Fatehpur Sikri stands out for irs archaeological beauty and even today its monuments inspire architects, engineers and developers and ASI is doing a wonderful job in maintaining its awe inspiring beauty even after 400 years.
CREDAI said ASI has done India proud.
Felicitating Mr. Muttha, CREDAI has noted that the doyen has built an empire both in the world of real estate and social development from virtually nothing over his tireless three decade-long service. Revamping the business strategy with changing times and market dynamics has been the quintessential success formula for Mr. Muttha's ventures not only in the real estate sector but also in the realm of social development.
Mr. Muttha holds the unique distinction of being the one developer to have resolved to devote his active time towards philanthropic activities right from the young age of 30, skilfully combining his business and social work schedules..
Commenting on the significance of the awards Mr Lalit Kumar Jain, National President of CREDAI said: “As the real estate industry grows to meet the ever increasing demand, we at CREDAI feel it is essential to raise the standards to meet the needs of discerning customers. The CREDAI awards are aimed at instilling a sense of competition among the developer community and reward excellence, apart from setting benchmarks in construction and designs. We are happy that we have received a record number of entries for this year’s awards that reflects the credibility of the event.”
Other list of winners:
- Best CSR Activity of Developer: Nirmal Lifestyle Ltd
- Best Innovative Structure: Essgee Real Estate Developers Pvt. Ltd.
- Commercial and Retail:
i. Best Office Complex: Brigade Enterprises Ltd.
ii. Best Shopping Mall: ALM Infotech Private Ltd.
i. Best Apartment(Affordable): Asvini Foundations
ii. Best Apartment(Lifestyle): Lakshachandi Developers Pvt. Ltd.
iii. Best Apartment(Low Cost): Marathon Realty Pvt. Ltd.
iv. Best Individual Dwelling(Row Houses): Sobha Developers Ltd.
v. Best Individual Dwelling(Twin Bungalows): Ideal Real Estates Private Ltd.
vi. Best Township: Brigade Enterprises Ltd.
- Commercial and Retail:
i. Best Office Complex: Vascon Engineers Ltd.
ii. Best Shopping Mall: City Corporation Ltd.
iii. Best Apartment(Affordable): Skyline Builders
iv. Best Apartment(Lifestyle): Rajhans Construction Pvt. Ltd.
v. Best Apartment(Low Cost): S 2 Realty
vi. Best Individual Dwelling(Row Houses): Ganesh Housing Corporation Ltd.
vii. Best Individual Dwelling(Twin Bungalows): Satyam Gokul Corporation
viii. Best Township: Ashiana Housing Ltd.
The Confederation of Real Estate Developers’ Associations of India (CREDAI) is the apex body for private real estate developers in India. CREDAI represents over 8,800 developers through 20 states and 114 city chapters across the country. Its numerous initiatives and activities help developers come together and work towards better practices, improved customer service and a stronger realty industry.
Acting as the voice of India’s Real Estate industry, CREDAI has been the guiding force for the growing Real Estate sector in India bringing more transparency to rid the sector of its most potent virus, Corruption and Red-Tapism.