Celebrating Excellence in Real Estate: The 4th PropertyGuru Asia Property Awards (India)
Bangkok, Thailand — The prestigious 4th PropertyGuru Asia Property Awards (India) took center stage on December 14, 2023, in an exclusive luncheon and presentation ceremony held at The Athenee Hotel, a Luxury Collection Hotel in Bangkok. This annual event recognizes the outstanding achievements of real estate developers and projects across India, showcasing the best in sustainable practices, innovative design, and exceptional construction standards.
A Night of Recognition
The ceremony was a grand affair, bringing together industry leaders, developers, and stakeholders to celebrate the remarkable contributions made to the real estate sector in India. Among the notable winners, DLF Cyber City Developers Ltd. emerged as the standout performer, clinching the coveted title of Best Sustainable Developer. The company also received Special Recognitions for its commitment to Environmental, Social, and Governance (ESG) principles, as well as for its Sustainable Design and Construction practices.
The awards highlighted a diverse range of projects and companies, with Supreme Universal earning Special Recognition for Luxury Development, while Turner House by Raiaskaran was acknowledged for its Landmark Office Design. S. Raheja Realty was also honored with a Special Recognition for Redevelopment, underscoring the event’s focus on innovation and excellence across various facets of real estate.
Showcasing India’s Finest Developments
This year’s awards celebrated a variety of integrated, mixed-use, and office projects that exemplify the evolving landscape of Indian real estate. Noteworthy mentions include Brigade Cornerstone Utopia by Brigade Group, which won the award for Best Integrated Development, and The Ark- Voyage to the Stars by Tribeca Developers & Acropolis Developer, recognized as the Best Mixed Use Development. Additionally, Embassy REIT took home awards for both Embassy Hub Phase 1 and Embassy Manyata Block D1 & D2, showcasing their excellence in office development and architectural design.
Insights from Industry Leaders
Jeremy Williams, Managing Director of Marketplaces at PropertyGuru Group, expressed his congratulations to the winners, stating, “The distinguished companies and projects that have raised the standard of real estate in India represent a continual improvement in quality. They are well-positioned to meet the demands of Non-Resident Indians (NRIs), the domestic housing market, and investors.” His remarks highlighted the growing sophistication and competitiveness of the Indian real estate market.
Jules Kay, General Manager of PropertyGuru Asia Property Awards and Events, echoed this sentiment, noting the impressive growth of India’s built environment. He attributed this success to the collaboration between experienced property developers and high-performing real estate investment trusts, which have collectively raised the bar for design and construction standards.
The Judging Process
The awards were determined by an independent panel of judges, comprising industry experts such as Ajai A Kapoor, Chairperson of the Awards in India, and CEO of 360 degrees – Real Estate Services; Avinash Khater, Founder Chairman of The Real Estate Kings (TREK); and Madhav Raman, Co-Founder of Anagram Architects, among others. The selection process was supervised by HLB, led by Surabhi Bansal, Partner with HLB Advisory Services Delhi LLP, ensuring a fair and thorough evaluation of all nominees.
A Collaborative Effort
Organized by PropertyGuru Group, Southeast Asia’s leading property technology company, the 4th PropertyGuru Asia Property Awards (India) received support from various partners, including Housing.com as the official portal partner, SHK360 as the official marketing partner, and The Hindu as the media partner. This collaborative effort underscores the importance of community and partnership in driving the real estate sector forward.
Conclusion
The 4th PropertyGuru Asia Property Awards (India) not only celebrated the achievements of the past year but also set the stage for future innovations in the real estate industry. As India continues to evolve as a hub for sustainable and luxurious living, the commitment of its developers to excellence and quality will undoubtedly shape the landscape for years to come. For more information about the awards and a complete list of winners, visit AsiaPropertyAwards.com.
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