Sobha Developers : Builder of the Year - 2013...

Sobha Developers has bagged ‘Builder of the Year’ award at the CNBC Awaaz Real Estate Awards 2013, an event considered to be the most credible real estate awards.

This is the second time in a row that the company is being bestowed with the top-most honour by CNBC Awaaz. Last year, the company received the ‘CNBC Awaaz Most Reliable Builder – National level’ award.

The award recognises the exemplary work done by an organisation in the area of real estate development. The award was presented to Mr. J. C. Sharma, Vice Chairman & MD, Sobha Developers Ltd., by Dr. Girija Vyas, Hon. Minister for Housing and Urban Poverty Alleviation.

 Mr. J. C. Sharma, said, “We are truly honoured to have received the ‘The Builder of the Year’ this year. It is a matter of great pride that we were chosen on merit from a rating done on 4,892 Indian developers / promoters. The ratings were done with a focus on performance and commitment at a corporate level that included parameters such as financial cash flows, construction timelines, price productivity, and delivery timeliness. We have emerged as the best performer in these parameters especially among developers with a supply magnitude of over 3 million square feet. Such recognition amongst top competitors in our sector is not only highly encouraging, but also deeply satisfying. It reiterates our belief that we are treading the right course.”

Besides bagging the top honour, Sobha Lifestyle, one of Sobha’s most prestigious flagship projects was also chosen as the ‘Best 100 percent Complete Residential Project’ in the Ultra Luxury Segment  - Bangalore. “It is an honour that our product – Sobha Lifestyle stood out at an event where more than 8,000 projects were showcased.

Sobha Lifestyle is our flagship project which gives living a new, elevated definition with its select presidential villas. It is a true embodiment of indulgence and an epitome of quality. The massive 55 acre project houses just 165 spacious super-luxury villas and the rest of the area is covered with above 12,000 trees.

Keeping in-line with the environment-friendly theme, the project also contains the largest water harvesting facility found in any gated community and an organic waste convertor which converts organic waste into manure,” added Mr. Sharma.

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