The Real Estate Awards have grown in size with maximum participation over the years. This year, it was on a mission to boost the real estate enthusiasm in India, to reward builders and their projects for excellent performance in set categories. These awards select and honour professionals, who have worked towards developing the real estate industry in India and in the process, created marvels that are a true reflection of their sincere efforts. Sumadhura is proud to be one of the esteemed builders to be honoured with the CNBC-AWAAZ 12th Real Estate Awards 2017-18, as the Best Project of the Year in Affordable Segment, South Zone.
Indian Real Estate on a Growth Trajectory
With the changing economic scenario and policy environment, the real estate market of India is ready to embrace a new growth path. From “infrastructure status” to “affordable housing,” the government has shown its will to give a strong boost to the sector with a special focus on lower and mid-housing segment. Despite unfavourable economic conditions in the last few years, the realty sector has not only managed to survive but has worked as a catalyst for changing aspirations and lifestyles of the Indian consumer and for rapid urbanisation. The real estate sector remains a key growth segment and accounts for nearly 7-8 percent of India’s GDP.
As India edges towards the goal of becoming the gold standard on a global scale, the real estate sector has played a crucial role in empowering this journey. It is the nerve centre of growth, carrying on its shoulders the weight of all other sectors. Be it residential or societal, or commercial, business or retail, the CNBC-AWAAZ 12th Real Estate Awards aimed to celebrate real estate’s excellence in achievement. The 2017-2018 awards, for the first time, introduced 4 zonal rounds and one national award with Sumadhura Madhuram emerging a zonal winner in the South Zone.
Crucial Factors Considered Before Announcing Zonal Winners
On-ground performance of Sumadhura Madhuram
Features and amenities offered by the project
Sumadhura Madhuram is an exclusive gated community offering 158 high-end 2, 3 and 4 BHK apartments. Their areas range from 1315-2215 square feet and are spread across eight blocks. Every block has a basement, ground floor and four upper floors. Located on ECC road and adjacent to Salarpuria GR Tech Park, Sumadhura Madhuram enjoys close proximity to ITPL, Brigade Tech Park, SAP Labs, Perot Systems, IGate, Tesco, Oracle and Accenture. Conceptualized, designed and built on a larger than life colourful canvas, Sumadhura Madhuram enjoys the security and exclusivity of a gated community.