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 today at an exclusive luncheon and presentation ceremony held at The Athenee Hotel, a Luxury Collection Hotel in Bangkok. This annual event recognizes and honors the finest real estate developers and projects across India, showcasing the remarkable growth and innovation within the sector.

A Night of Recognition and Achievement

The atmosphere at The Athenee Hotel was electric, filled with anticipation as industry leaders, developers, and real estate enthusiasts gathered to celebrate excellence in property development. The awards ceremony highlighted the achievements of various companies and projects that have set new benchmarks in sustainability, design, and construction.

DLF Cyber City Developers Ltd. emerged as the standout winner of the evening, clinching the coveted title of Best Sustainable Developer. In addition to this prestigious accolade, the company received Special Recognitions in Environmental, Social, and Governance (ESG) practices, as well as Sustainable Design and Construction. This recognition underscores DLF’s commitment to creating environmentally responsible and sustainable developments that resonate with modern values.

Special Recognitions: Honoring Excellence

The awards ceremony also featured a range of Special Recognitions, celebrating the diversity and innovation within the Indian real estate landscape. Notable winners included:

• Supreme Universal, awarded Special Recognition for Luxury Development, exemplifying opulence and sophistication in their projects.
• Turner House by Raiaskaran, which received Special Recognition for Landmark Office Design, showcasing cutting-edge architectural innovation.
• S. Raheja Realty, honored with Special Recognition for Redevelopment, highlighting their efforts in revitalizing existing structures into modern, functional spaces.

These recognitions reflect the dynamic nature of the Indian property market, where creativity and sustainability go hand in hand.

Recognizing Integrated and Mixed-Use Developments

The latest edition of the PropertyGuru Asia Property Awards also spotlighted India’s finest integrated, mixed-use, and office projects. Among the winners were:

• Best Integrated Development: The Ark- Voyage to the Stars by Tribeca Developers & Acropolis Developer, a project that seamlessly blends residential and commercial spaces.
• Best Mixed-Use Development: Brigade Cornerstone Utopia by Brigade Group, which exemplifies the integration of lifestyle, work, and leisure.
• Best Office Development: Embassy Hub Phase 1 by Embassy REIT, showcasing modern office spaces designed for the future of work.

These projects not only enhance the urban landscape but also cater to the evolving needs of residents and businesses alike.

Insights from Industry Leaders

Jeremy Williams, Managing Director of Marketplaces at PropertyGuru Group, expressed his admiration for the winners, stating, “Congratulations to the distinguished companies and projects that have raised the standard of real estate in India. The winners represent the continual improvement in the quality of real estate in India, showcasing a readiness to meet the demands of NRIs, the domestic housing market, and investors.”

Jules Kay, General Manager of PropertyGuru Asia Property Awards and Events, echoed this sentiment, noting the impressive growth of India’s built environment. “Thanks to the country’s many experienced property developers and high-performing real estate investment trusts, the country’s award-worthy residential and commercial offerings have made great strides in terms of design and construction in recent years, setting quality benchmarks both at a national and international level.”

The Judging Process

The selection of awardees was overseen by an independent panel of judges, comprising industry experts such as Ajai A Kapoor, Avinash Khater, Jitender Girdhar, Madhav Raman, Ravi Ahuja, Shradha Batra Mithal, and Sidhartha Talwar. Their collective expertise ensured a fair and thorough evaluation of the nominees, highlighting the best in the industry.

HLB Advisory Services, led by Surabhi Bansal, supervised the selection process, ensuring transparency and integrity throughout the awards.

Acknowledgments and Partnerships

The 4th PropertyGuru Asia Property Awards (India) were organized by PropertyGuru Group, Southeast Asia’s leading property technology company. The event was supported by various partners, including Housing.com as the official portal partner, SHK360 as the official marketing partner, and The Hindu as the media partner, among others. This collaborative effort underscores the importance of community and partnership in advancing the real estate sector.

Conclusion

The 4th PropertyGuru Asia Property Awards (India) not only celebrated the achievements of outstanding developers and projects but also highlighted the ongoing transformation of the Indian real estate landscape. As the industry continues to evolve, these awards serve as a beacon of excellence, inspiring future innovations and setting new standards for quality and sustainability.

For more information about the awards and a complete list of winners, please visit AsiaPropertyAwards.com or contact awards@propertyguru.com.

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