CNBC Awaaz presents Real Estates Awards 2012

CNBC AWAAZ in association with R.R. Kabel, hosted the ‘Real Estate Awards 2012’ – India’s biggest and most credible honor to recognize commendable merit of visionaries and professionals from the industry. The event, themed as Modern Marvel, was attended by Ajay Maken, Housing and Poverty Alleviation Minister of India, along with some of the biggest names from India’s real estate fraternity.

CNBC AWAAZ Real Estate Awards returned this year with a new avatar and made it viable for the small builders to compete along with the established players in the market. Nominees were critically judged, based on distinguished criterions like standard, quality of project, customer satisfaction and efficiency. This year more than 8000 projects across 12 cities were evaluated for the awards.

On the occasion of the awards Sanjay Pugalia, Editor-in-chief, CNBC AWAAZ said, “We have earned the respect of being one of the transparent and most credible recognition is the real estate industry. It gives us great pleasure to know that our awards are considered as a benchmark in the industry. This year we have altered the format to focus “on ground performance” of real estate projects, which have allowed many participants to enrol from tier I and tier II cities. It is our pleasure to say that we have got such encouraging response from diverse players of the industry.”

All entries were diligently scrutinized thereby making it the most admired and credible award for the Real Estate sector.  Several crucial factors were evaluated to arrive at the “on ground performance” of real estate projects. Scientifically graded features and amenities offered in a project was another important aspect, while construction progress, timely delivery, inhabitability and customers’ satisfaction was considered paramount for being adjudged as “Best Project”. Projects across India was invited and evaluated by Liases Foras with the help of its exhaustive database.

Awards went out to the following categories:

Affordable Segment -  100% Complete	Shipra Estate	NCR
Mid Segment – 100% Complete	Brigade Group	Bangalore
Luxury – 100% Complete	Lunkad Realty	Pune
Ultra Luxury -  100% Complete	Amar Builders	Pune
Affordable Segment – U/c – More than 70% Complete	City Corporation Limited	Pune
Affordable Segment – U/c – More than 70% Complete	Ashiana Housing & Finance ltd.	NCR
Mid Segment – U/c – More than 70% Complete	Kalpataru Limited	MMR
Luxury – U/c – More than 70% Complete	The Advantage Raheja	Bangalore
Ultra Luxury – U/c – More than 70% Complete	Queens Court	NCR
Best Commercial Project	DLF IT SEZ	Chennai
Best Retail project	DLF Emporio	NCR
Most Consumer Friendly Developers	Magarpatta Township	Pune
Best Project Execution	Mahindra SEZ	Chennai
Best Greenest Project	Magarpatta City	Pune
Commercial Greenest Project	Pritech Park – RGA software System (P) Ltd. and Primal Projects Pvt Ltd	Bangalore
Best Integrated Project	Magarpatta City	Pune
Best managed projects: Post sales	City Corporation Limited	Pune
Most Reliable Builder	Sobha Developers	Bangalore
Architect’s choice/Best Design	Brigade Gateway
Best Home loan provider	State Bank of India
Best Real Estate fund	HDFC Real Estate PMS
Best State Government Initiative	Rajasthan Govt
Building world class infrasturcture	Jaypee Group

CNBC Awaaz Real Estate Awards 2012 calls for entries

CNBC AWAAZ returns with the ‘Real Estate Awards 2012’ to recognise the true worth of visionaries and professionals from the industry. Slated to take place in November in Mumbai, the theme this year is Modern Marvel and will see confluence of most respected names from India’s real estate industry on a common platform. The awards will be presented by R.R. Kabel, a USD 400 million conglomerate rapidly spreading its wings into the domestic and international market.

In a fresh new avatar, this year CNBC AWAAZ Real Estate Awards will evaluate projects based on distinct parameters like standards of quality, customer satisfaction and efficiency thereby enabling even small builders to send in their entries. Another new element is the entire team of a winning project being recognized for the exceptional effort that went into the creation of the project viz. the builder, the contractor, the architect and designer.

Announcing the award, Sanjay Pugalia, Editor-in-chief, CNBC AWAAZ said, “Over the years we have earned the repute of being one of the most transparent awards in the real estate domain. We have realised that we can increase our purview, as a lot of development is taking place in Tier II & Tier III cities and therefore will not limit ourselves to only the urban pockets. This time we have gone beyond financial criteria and will emphasise strongly “on ground performance” of real estate projects. We are hopeful that this will definitely encourage more participants from various corners of India. It is our privilege that the fraternity holds us in high regard and has been consistently supportive in developing REA as an ultimate acknowledgment to the excellence in the sector.”

All entries will be diligently scrutinized thereby making it  the most admired and credible award for the Real Estate sector.  Several crucial factors would be evaluated to arrive at the “on ground performance” of real estate projects. Scientifically graded features and amenities offered in a project would be another important aspect, while construction progress, timely delivery, inhabitability and customers’ satisfaction would be paramount for being adjudged as “Best Project”. Projects across India would be invited and evaluated by Liases Foras with the help of its exhaustive database.

Awards will be given in the following categories:

Categories per City & National Categories:

Each city shall have its own winners in the following categories:

1)      Best Commercial Project

2)      Best Retail Project

3)    Best Residential Project – Affordable Segment, Mid Segment, Luxury Segment, Ultra Luxury Segment

4)      Best Developer

Standalone Categories:

These categories are open for all to apply and shall be evaluated on a project basis:

1. Highest Consumer Protection
2. Highest Transparency
3. Best Project Execution
4. Best Legal Systems
5. Best Environmental safety
6. Most Innovative project (innovations in land acquisition, funding,
   design and construction)
7. Greenest Project
8. Architect’s Choice

 The call for entries is currently on and will go on till 21st September, 2012.

For further info contact: http://realestate.moneycontrol.com/