Mahindra Lifespace’s Luminare project won the prestigious Vishwakarma Award at the 8th CIDC (Construction Industry Development Council) awards ceremony recently. The award is given for best
practices in company’s Environment, Health and Safety (EHS) performance and initiatives undertaken
at the site of its project Luminare in Gurgaon.
The CIDC Vishwakarma Awards are organised by CIDC, a joint establishment of the Planning Commission, Government of India and the Indian construction industry. The awards aim to promote best practices in the Indian real estate and construction industry. Mahindra Lifespace claims to be a leader and a pioneer in sustainable urban development and residential and integrated large format developments across nine Indian cities – Mumbai, Pune, Nagpur, Gurgaon, Faridabad, Jaipur, Chennai, Hyderabad and Bengaluru.
The Company’s residential & commercial development footprint includes over 0.95 million sq.m. (10.21 million sq. ft.) of completed projects and over 0.92 million sq. m. (9.93 million sq. ft.) of ongoing and forthcoming projects. Mahindra Lifespaces has pioneered the concept of an integrated business city through ‘Mahindra World City’ developments in Chennai and Jaipur; built on the philosophy of ‘Livelihood-Living-Life’. In addition, Mahindra Lifespaces enables access to quality housing at affordable prices via its brand ‘Happinest’.
A pioneer of the green homes movement in India, the company is the fi rst Indian real estate company to have voluntarily released its triple bottom-line focused, externally assured Sustainability Report based on the GRI (Global Reporting Initiative) framework. In 2015, it has been recognized as Regional Sector Leader in Asia, in its category, by the Global Real Estate Sustainability Benchmark (GRESB) for the second year in a row.
In 2015, Mahindra & Mahindra was recognized as the Best Company for CSR in India in a study by the
Economic Times. In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world’s largest, most powerful public companies, as measured by revenue, profi t, assets and market value. The Mahindra Group also received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category in 2013.