Sumadhura Group receives ‘CSR Initiative of The Year 2019’ at ET Now awards

Sumadhura Group, one of South India’s leading realty majors has received the ‘CSR Initiative of The Year by a Real Estate Firm’ award at the recently concluded ET Now Real Estate Awards, in Mumbai. The award recognizes Sumadhura’s eminent contribution towards changing society in a meaningful and sustainable way. The selection process was based on several crucial factors, which included on-ground performance of the CSR project and its impact, quality, and project status.

Expressing his gratitude on this recognition, Mr Madhusudhan G, Chairman and Managing Director of Sumadhura Group said, “We are humbled and delighted to receive such a prestigious award among leaders within the industry. Since our inception, it has been our unvarying endeavour to be sensitive towards conserving our environment and being a responsible corporate citizen within the society we live in. This award not only reiterates our commitment towards giving back to the society but also recognises our vision to achieve a ‘zero-waste’ society, through our Waste-to-Energy drive. In a country like India, battling severe garbage crisis daily, there is a dire need for many more such initiatives to make any real impact.”

Sumadhura Group has been organizing the major ‘Waste-to-Energy’ drive near Sumadhura Eden Garden, one of their 14-acre ongoing projects in Bengaluru. Through this initiative, the group aims to convert 1100 tons of waste into reusable energy, eliminating almost 8000 tons of carbon dioxide emission every year in Bengaluru. Also, the company has taken the pledge to eliminate waste entirely from their operations and committed to reduce, reuse and recycle; encouraging their staff as well as their residential communities to follow suit and be more responsible citizens. In this endeavour, Sumadhura Group has partnered with ‘GPS Renewables’, the first viable Waste-to-Energy solution for the urban establishment.

Speaking on this momentous occasion, Mr Bharat Kumar, Director of Sumadhura Group said, “The award lauded Sumadhura Group’s focused commitment towards building a sustainable society. Also, the company’s CSR activities encompass the areas of providing education, improving hygiene, providing healthcare facilities, helping the aged and children, and women empowerment.”

The key social activities are primarily undertaken by Sumadhura Foundation, a charitable trust of Sumadhura Group. The foundation aims to involve, contribute and improvise the social, cultural, environmental and spiritual domain. It also intends to promote research and development in technologies that are helpful for social and ecological welfare.
 

About Sumadhura Group:

Sumadhura Group is the fastest growing real estate developer in South India. Their in-house capabilities and infrastructure give them the confidence to deliver projects on time with unbeatable quality. It has also been recognized as an iconic real estate brand garnering three prestigious awards in FY2017-18 which include ‘Promising Builder of South India’ in 2017 by QuikrHomes; Global Real Estate Brand Awards 2017; ‘Best Project of the Year’ in Affordable Segment in South India, by CNBC Awaaz 2017 and ‘Best Residential Project’ in the Affordable category, at 12th National CNBC-AWAAZ Real Estate Awards, 2018, for Sumadhura Madhuram. The company has also been awarded the ‘Great Places to Work’ in April 2018. In all its residential apartments, the company lays a very strong emphasis on its safety standards, environmental management, rainwater harvesting and a proper waste management system.