Mantri Developers wins the coveted Golden Peacock Global Award for Sustainability

EAST OF KAILASH, India - Oct. 15, 2013 - PRLog -- Bangalore, October, 2013: Mantri Developers Pvt. Ltd (MDPL), the leading real estate player of South India has been awarded the prestigious Golden Peacock Global Award for Sustainability, 2013 at the London Global Convention and Golden Peacock Awards presentation held in London. Mantri Developers were hounered with the 'Special Commendation' Certificate which was presented at a specially organized 'Golden Peacock Awards Nite' on 2nd October 2013, at Guoman Hotel The Tower, St. Katharine’s Way, by Hon'ble Ajit Singh, Union Cabinet Minister for Civil Aviation, Govt. of India and The Rt. Hon Dr. Vince Cable MP, Secretary of State for Business, Innovation and Skills and President of the Board of Trade, Govt. of UK. The award was based on three key parameters - Responsiveness of organizational strategy to needs of different stakeholders, Integration of Sustainable Development issues with corporate functioning and Development of innovative partnership models to fulfill social responsibility.

On receiving the accolade, Mr. Sushil Mantri, Chairman and Managing Director, Mantri Developers, said, “This Award is a strong endorsement of our efforts to create solutions for sustainable living. This eminent recognition has come at an opportune time when sustainable development and social responsibility are becoming critical elements for businesses in India. It positions Mantri Developers alongside the best Sustainable Businesses in India and potentially in the world.”

Corporate sustainability is a business approach that creates long-term consumes and employee value by not only creating a “green” strategy aimed towards the natural environment, but taking into consideration every dimension of how a business operates in the social, cultural, and economic environment. Mantri Developers has done this over the years and have taken major steps to contribute toward the betterment of the society. Some of the various sustainability challenges taken by MDPL are in the areas of livelihood, Education, Green Spaces, Smart Home solutions, Construction safety to name a few. Mantri S.E.V.A, the social responsibility wing by MDPL has been organizing many Community development activities.

Some of the initiatives towards the sustainability by MDPL included Mantri Developers partnering with the Lake Development Authority, Govt. of Karnataka, to revive Bangalore’s Mahadevapura Lake, PPP with the Bangalore Metro Rail Corporation to build the Malleshwaram Metro station in Bangalore on 5 acres of Mantri Developers owned land, restoring 3 Major parks and adopting several other parks and water bodies to develop green spaces, in the city. Mantri Developers has also installed windmills of 15.75 MW generating around 4 Cr units per annum to provide electricity to nearby villages.

About Mantri Developers:

Mantri Developers Pvt. Ltd. is a leading developer of world class Homes, IT Parks, Retail Spaces and Educational Institutions. Mr. Sushil Mantri founded Mantri Developers in Bangalore in the year 1999. In just 13 years, the company has built over 24 projects. Today, Mantri Developers has to its credit over 10 million square feet of constructed area, over 30, 000 satisfied residents and 8 million square feet under various stages of construction. Mantri Developers has a track record of delivering 1.4 homes per day since inception. The company plans to focus on the residential sector, retail, hospitality, IT Parks and educational institutions in Bangalore, Chennai and Hyderabad. For more information, log on to www.mantri.in

About the Golden Peacock Awards 2012:

The Golden Peacock Awards, instituted by Institute of Directors in 1992, are now regarded as holy-grail of Corporate Excellence worldwide. Today Golden Peacock Awards Secretariat receives over 1, 000 entries per year for various National and Global awards, from India and over 25 countries worldwide. The Golden Peacock Awards Committee is chaired by Justice P. N. Bhagwati, former Chief Justice of India and acting Chairman, UN Human Rights Committee.

The Award applications are assessed at 3 three levels by independent assessors and finally by a grand Jury. The Global Awards are finalized by a Jury headed by Dr. Ola Ullsten, former Prime Minister of Sweden. The Award Scheme for Sustainability has been instituted to encourage initiatives in promoting sustainable development. The aim of Golden Peacock Global Award for Sustainability is to stimulate and help organizations to rapidly accelerate the pace of stake-holder oriented improvement process. The preparation for the award helps to inspire and align the entire work force, and management functions to this end.

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Mantri Developers Pvt. Ltd.
Sarvamangala Koti
M :+91 9686193008 (tel:%2B91%209686193008)
Email: Sarvamangala.koti@mantri.in

Gutenberg Communications
Oaindrila Banerjee
M:+918884063399
Email: oaindrila@gtenbrgpr.com