CII-ITC Sustainability Award 2012, Mantri Realty Attains

CII-ITC Sustainability Award 2012 was conferred to Mantri Group of builders, one of the leading real estate developers in South India. Honorable President of India, Mr. Pranab Mukherjee gave away the award to Mr. Sushil Mantri , CMD of Mantri Developers Pvt. Ltd.
CII-ITC Sustainability Award 2012

CII-ITC Sustainability Award 2012 is an initiative to create sustainability.

By attaining CII-ITC Sustainability Award 2012, Manrtri Group has become the first real estate firm to achieve the coveted award. The CII-ITC Sustainability Awards are given to the domestic companies which show excellence in Sustainable Development.

The award was instituted by the CII-ITC Centre of Excellence for Sustainable Development in the year 2006. The award is considered as a unique initiative of CII- ITC center for identifying and appreciating the domestic firms for their excellent performance.  CII- ITC center considers entire dimensions of the firm including its environmental, economic and social dimensions of their operatives. Continue reading

Real Estate India to Have Rs.8000 Cr Worth New Projects

Real estate sector signaled the bouncing back. Real estate sector has been undergoing a sluggish momentum which the sector has overcome now.

Real estate majors like Supertech and Ansal API have announced their new real estate launches worth Rs.8,000 Cr. The realty majors plan to invest the amount for a period of 4 years.

Meanwhile some real estate builders are looking for options to cut the debts off by divesting their properties. Yet this is not the case for the coming years. Real estate experts opine that the coming years will be booming years for real estate sector. Continue reading