CNBC Felicitates Indian Real Estate

Real estate, the fastest growing sector in the Indian economy was presented with awards on 16th August, 2007 by CNBC Awards and ICICI Bank Home Loans at Land’s End, Mumbai.

CRISIL, India’s premier credit rating agency honoured the country’s leading real estate developers who have set high standards in the industry.

The organizers received nominations for various categories from across the country in the residential, commercial and retail segments.

CRISIL followed a detailed selection process to establish a sound point
of reference for the real estate industry and buyers.

Under the Best Residential Property and Best Organisation Structure
categories, Kalpataru Properties was declared the winner amongst 175
and 15 entries respectively..

The winning entry for the best residential property
is the Kalptaru Horizon. 2 premium towers have the residential section
starting only on the 14th floor, and stretches vertically up to the
30th floor. The 3 and 4 bedroom apartments and penthouses are supported
by wellness and entertainment facilities within the complex.

Kalptaru won the 2nd award for following the best management practices
amongst all real estate companies, and earned the ISO certification
in 1998.

The awards were classified as Theme awards, Category awards, Achievement
Awards, and Special Wards