Sobha Developers Bags Three Prestigious Awards at the 6th CIDC VISWAKARMA Awards, 2014
Online, March 12, 2014 (Newswire.com) - Realty major, Sobha Developers Ltd. has been bestowed with three prestigious awards at the 6th CIDC VISWAKARMA Awards 2014, which was held on Friday, 07th March 2014, at India Habitat Centre, New Delhi.
Sobha won the top honour for the 'Best Professionally Managed Company' (Turnover > INR 1000 crores) which inducts professionalism in all manifestations in its operations. The Company was also conferred with the 'Social Development & Impact' award for its CSR work in Kerala, through the Sri Kurumba Trust for its sterling contribution in social work. The Company's project in Gurgaon, the 'International City' bagged the 'Construction Health, Safety & Environment' award to reinforce the company's respect for human life and well-being as reflected in the practices regarding Health, Safety & Environment in its project.
Commenting on the occasion, Mr. J.C. Sharma, Vice Chairman and Managing Director, Sobha Developers, Ltd. said, "This is indeed a joyous occasion for us. We, at Sobha Developers Ltd., strive to make a difference to the environment that we live in and the Social Development & Impact Award stands testimony to our efforts. We have well-designed systems and processes that help us meet our aim of a transparent and customer centric approach. Today I would like to thank everyone at Sobha for their incessant support in meeting the constantly growing demand for real estate through quality work and timely deliveries. Our stakeholders and customers have been invaluable part of this rewarding journey and we would like to extend our gratitude to them as well." he added.
A Jury consisting of representatives of planning bodies, policy formulators and nodal organizations of the sector was constituted by CIDC to select the Award Winners. The jury consisted of 6 prominent members from the industry, in addition to about 20 Special Invitees & Evaluators. The jury was chaired by Shri V. K. Gupta (Chairman of the Jury), Director General - Central Public Works Department.
Sobha and its leadership team have also been revered by CIDC Vishwakarma awards on earlier occasions. Mr. Raj Pillai, Executive Director of Sobha's Backward-Integrated facility - Concrete Products Division was awarded the CIDC Vishwakarma Award for his contribution to improving Indian concrete industry. The company's CSR arm, Sri Kurumba Trust won the Achievement Award for Social Responsibility. On the contractual front, Sobha received the Achievement Award for the Best Project (Building) for Infosys Global Education Centre-II, Mysore.
About CIDC Vishwakarma Awards:
The CIDC Vishwakarma awards are inspired by the spirit of construction and creation, patronized by Lord Vishwakarma the ruling deity of the Construction practices in India. CIDC Vishwakarma Awards are meant to motivate individuals' and organizations' contribution in construction domain and to promote replicable best practices in the Indian construction industry. CIDC has initiated these awards which recognize and honour the valuable contributions and work of Indian Construction Fraternity that has significantly enriched the construction domain and has helped bring about a change in our construction practices. Each year, this event is hosted on 7th of March by CIDC, the apex body that's dedicated to work relentlessly towards promoting best practices within the Indian Construction Industry.
About Sobha Developers Ltd.:
Founded in 1995, Sobha Developers Limited, a Rs. 22 Billion company, is one of the fastest growing and foremost backward integrated real estate players in the country. It means the Company has all the key competencies and in-house resources to deliver a project from its conceptualisation to completion. Sobha is primarily focused on residential and contractual projects. The Company's residential projects include presidential apartments, villas, row houses, luxury, super luxury & moderately priced apartments and plotted development. Sobha's superior execution capability is its core strength. Since inception, Sobha has completed 90 real estate projects and 242 contractual projects covering about 5.74 million square meters (61.73 million square feet) of area. The Company currently has 45 ongoing real estate projects aggregating to 1.76 million square meters (18.90 million square feet) of saleable area, and 34 ongoing contractual projects aggregating to 0.88 million square meters (9.50 million square feet) under various stages of construction. The Company has a real estate footprint in 13 states and 24 cities, some of which are Bangalore, Gurgaon, Chennai, Thrissur, Coimbatore, Pune, Mysore and Kozhikode.