KUL bags Realty Plus Excellence Awards 2013

KUL bagged Realty Plus Excellence Award 2013 under categories “CSR Initiative of the Year” and “Environmental Friendly Project of the Year – Residential” at the 5th Realty Plus Excellence Awards 2013

Online PR News – 05-June-2013 – Mumbai, Maharashtra – KUL bags Realty Plus Excellence Awards 2013
• Wins ‘CSR Initiative of the Year’ award
• KUL Sublime adjudged ‘Environmental Friendly Project of the Year – Residential for 2013’

Pune, June 3, 2013: Kumar Urban Development (KUL), a trusted name in realty sector for nearly five decades, today announced that it has bagged Realty Plus Excellence Award 2013 under categories “CSR Initiative of the Year” and “Environmental Friendly Project of the Year – Residential” at the 5th Realty Plus Excellence Awards 2013 function held at the Trident, Bandra Kurla Complex, Mumbai on Wednesday, May 22, 2013.

KUL won these awards as it has donated 60000 trees to various Government bodies, along with 1056 tree guards to Pune city. The trees which have been donated produce 9500 Kg of oxygen every year with their huge trunk and large canopies. KUL donated 2000 trees with trees guards to Pune Municipal Corporation. The company also started to introduce Rain Water Harvesting system in its residential projects. KUL has developed more than 1.5 acres by road beautification.

KUL has expanded city greening activity on wider scale for the development of Nakshatra Udyan (Vatika) and Environment Park. It is a concept park with a unique concept of all indigenous plants. Big trees from road side of municipal roads which were being cut during road widening are being transplanted at Environment Park. Along with this, KUL has also developed Traffic Islands and solid waste management. Apart from this, KUL has introduced Gunwatta Vikas Yojana for promoting education in the rural areas of Maharashtra and uplifting the standard of students in the rural areas by conducting various activities. The company has also established KUL Foundation for social initiatives.

Commenting on the occasion, Mr. Lalit Kumar Jain, Chairman and Managing Director, KUL, said, “This is an extremely proud moment for our team. These awards are a testimony to the fact that KUL has always cared about the environment we operate in. We at KUL ensure that environment-friendly features are implemented in all our projects. These awards will strengthen our commitment and resolve to keep working towards the betterment of the environment, and at the same time, provide best-in-class projects to our valued customers.”
KUL’s eco-housing project in India, Kumar Sublime, was adjudged Environmental Friendly Project of the Year – Residential for 2013. KUL Sublime is the first Eco housing project in India to get 5 Star Certificate by Science and Technology Park and provisional certification by International Institute of Energy Conservation. Eco-housing concept incorporates environmental impact and considerations at every stage of the construction. KUL has consciously worked on creating green and eco-friendly ambience at Kumar Sublime by transplanting existing trees. The landscape has been designed with indigenous species. Effective solid waste management and use of drip irrigation for landscaping has also been implemented at the project.

The Realty Plus Excellence Awards were started in 2009 to honour excellence in the real estate sector in India. The CSR Initiative of the Year award is given to the developer who has demonstrated excellence in their Corporate Social Responsibility initiatives through the development of old age homes, educational institutions, hospitals, etc. as part of their endeavor to build a better society. The Environmental Friendly Project of the Year – Residential award is given to the project that demonstrates excellence by using/developing environment friendly initiatives and measures to create a holistically green residential property.
About Kumar Urban Development Ltd (KUL):
Kumar Urban Development Limited (KUL), a real estate development and construction company with an overall experience of 47 years, focuses on residential and commercial development in Pune. It also operates in Mumbai, Bengaluru, Hyderabad, Panchgani and Nagpur.
KUL is professionally managed under the guidance of its Chairman and Managing Director Shri. Lalitkumar Jain and his team of qualified and dedicated professionals and managers who have vast experience and expertise in the area of architecture and design, project planning and implementation, legal, matters, procurement and marketing. With three decades of rich experience, Mr. Lalitkumar Jain, nicknamed as the “Green man of Pune” for his eco-friendly nature, has carved a niche for himself in Pune construction with more than 100 projects and 17,000 tenements, setting a new benchmark in trustworthiness. KUL has completed over 10 million construction.

KUL has so far developed 70 million sq ft with 9 million sq ft of city centre projects, with focus on Pune, Mumbai and Bangalore. The company’s projects span across affordable, mid-segment and luxury homes to commercial and retail complexes, apart from IT complexes and SEZ. KUL has a number of prominent residential and commercial properties along with 8 townships with a timely track record of delivering over 10 million completed projects till now.KUL believes in sustainable and quality real estate, redefining - City Skylines and Lifestyle standards, to help build a healthy society by integrating technology to achieve speed and innovation. The company has been consistent in innovating new designs and techniques to provide a healthier environment, thus creating sustainable legacy of real estate for the cities
The company, under Mr Jain’s leadership, has been honoured with the National Shrusti Award for contribution to environment as it was the first developer company to adhere to PMC’s environment norms. Over the years, KUL has won various esteemed awards and accolades, namely Rajiv Gandhi Realty Excellence Awards and Shrishti Good Green Governance Award, National Business Leadership Award from Indian International Council for Industries and Trade. KUL is rated among India’s top 10 developers and has the distinction of being crowned the developer of the year in Pune.