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MUMBAI: With an aim to take definitive look at success
and achievements in the real estate sector, and recognise excellence,
the Hindi business channel --Zee Business has announced the Zee Business
M-Tech Pinnacle Awards. Driven by positive growth in the economy,
real estate in India is booming, thus Zee Business M-Tech Pinnacle
Awards are being instituted when the Indian Real Estate Industry is
going through a metamorphosis and is witnessing a boom.
According to an official release, Pinnacle Awards will feature and
honor the finest professionals in the construction, building and allied
industries. The awards will become an annual event highlighting the
glory of Indias fast growing real estate industry. Pinnacle
as the name suggests will honor men and women who have achieved and
contributed to building India. It will strive to become a platform
to give Indias real estate industry an iconic status. |
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The awards will have 23 categories from the construction, building
and allied industries in real estate. It will recognise talents
for their contribution in technical, creative and individual achievements.
Entries will be evaluated by a jury of experts drawn from fields,
which are diverse yet relevant to construction industry.
The jury comprises of industry leaders like DTZ (Debenham Tie Leung)
MD Ankur Srivastava, Cushman & Wakefield joint MD Sanjay Verma,
Zee News Ltd director news group Laxmi Goel, National Institute
of Design executive director Dr (Prof.) Darlie O Koshy and Fairwood
Consultants CEO Ranudas.
The last date of receiving entries is 10 September, while the entries
will be judged on 3 October. The final award ceremony will take
place in Delhi on 6 October, 2006. The audit firm, ECS LTD (ECS),
a premier management consulting firm will handle the entire nomination
process. There will be a dedicated jury for each of the award categories
and jury will vet all the selected nominations on the pre-defined
parameters and decide on the winners for each category, according
to an official release.
Speaking on the occasion, Zee News LTD director news group Laxmi
Goel says, "We have always believed in encouraging and identifying
talent. Pinnacle awards, aims to bring together the finest mix of
accomplished individuals and corporates in Indias booming
real estate and construction industry. We hope to receive an overwhelming
response as our aim is to make this an annual affair."
Commenting on the need for the awards in the booming Indian Real
Estate scenario, Goel added, With a 30 per cent annual growth
for the domestic construction industry, the Indian construction
industry is all set to become Rs 18 lakh crore sector by year 2010
from its present size of RS 14 lakh crore. The time is ideal for
the sector to propel national economy on a higher growth trajectory,
by maximising performance and operational efficiency. There is a
need for a greater level of transparency in the sector to enable
it to be better placed in swinging investments / FDI. The Pinnacle
Awards will provide a benchmark for construction industry in India
by present a platform to recognize excellence in the field.
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