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 |
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