Celebrating Excellence in Real Estate: The 4th PropertyGuru Asia Property Awards (India)
BANGKOK, Thailand — The vibrant landscape of India’s real estate sector was on full display at the 4th PropertyGuru Asia Property Awards (India), held in an exclusive luncheon and presentation ceremony at The Athenee Hotel, a Luxury Collection Hotel, Bangkok. This prestigious event recognized the remarkable achievements of various enterprises, from leading real estate investment trusts to innovative residential and commercial developers, underscoring their commitment to excellence and sustainability.
DLF Cyber City Developers Ltd.: A Beacon of Sustainability
At the forefront of this year’s awards was DLF Cyber City Developers Ltd., which emerged as the biggest winner, clinching the coveted title of Best Sustainable Developer. This accolade reflects the company’s unwavering dedication to environmentally responsible practices and sustainable development. In addition to this primary award, DLF Cyber City Developers Ltd. also received Special Recognitions in Environmental, Social, and Governance (ESG) criteria, as well as in Sustainable Design and Construction. These honors highlight the company’s holistic approach to real estate development, focusing not only on profitability but also on the well-being of communities and the environment.
A Diverse Array of Recognitions
The awards ceremony celebrated a wide range of companies and projects, each contributing uniquely to the real estate landscape in India. Supreme Universal was honored with the Special Recognition for Luxury Development, showcasing its commitment to creating high-end residential spaces that cater to discerning buyers. Meanwhile, Turner House by Raiaskaran received the Special Recognition for Landmark Office Design, a testament to innovative architectural solutions that redefine workspace aesthetics and functionality. Additionally, S. Raheja Realty was recognized for its efforts in redevelopment, further emphasizing the importance of revitalizing existing structures to meet modern needs.
Honoring 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. Brigade Cornerstone Utopia, developed by Brigade Group, was awarded Best Integrated Development, while The Ark- Voyage to the Stars, a collaboration between Tribeca Developers and Acropolis Developer, won the title of Best Mixed Use Development. These projects exemplify the trend towards creating multifaceted spaces that blend residential, commercial, and recreational facilities, enhancing the quality of urban living.
Embassy REIT also made a significant impact, winning awards for Embassy Hub Phase 1 and Embassy Manyata Block D1 & D2, both of which were recognized for their outstanding contributions to office development and architectural design.
Insights from Industry Leaders
Jeremy Williams, Managing Director of Marketplaces at PropertyGuru Group, expressed his congratulations to the award winners, stating, “The distinguished companies and projects that have raised the standard of real estate in India represent continual improvement in quality, showcasing a readiness to meet the demands of NRIs, the domestic housing market, and investors.” His remarks underscore the evolving nature of the Indian real estate market, which is increasingly catering to a diverse clientele.
Jules Kay, General Manager of PropertyGuru Asia Property Awards and Events, added, “The built environment of India continues to show impressive growth with the support of smart property seekers and investors at home and abroad.” His comments highlight the collaborative efforts of experienced property developers and high-performing real estate investment trusts in setting quality benchmarks that resonate on both national and international levels.
The Judging Process: A Commitment to Integrity
The selection of awardees was overseen by an independent panel of judges, including industry stalwarts such as Ajai A Kapoor, Avinash Khater, and Madhav Raman, among others. Their expertise ensured a rigorous evaluation process, maintaining the integrity and prestige of the awards. The selection process was supervised by HLB, under the leadership of Surabhi Bansal, ensuring that the awards reflect the highest standards of excellence in the industry.
Acknowledgments and Partnerships
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, SHK360, and The Hindu. These collaborations highlight the collective effort to promote excellence in real estate across the region.
Conclusion: A Bright Future for Indian Real Estate
The 4th PropertyGuru Asia Property Awards (India) not only celebrated the achievements of the past year but also set the stage for the future of real estate in India. As the industry continues to evolve, the commitment to sustainability, innovation, and quality will undoubtedly shape the landscape, making it an exciting time for developers, investors, and homebuyers alike.
For more information about the awards and a complete list of winners, visit the official website: AsiaPropertyAwards.com.