Mahindra World City, New Chennai wins 'Integrated Township of the Year Award'
Mahindra World City, New Chennai wins the 'Integrated Township of the Year Award' at the Realty Plus Excellence Awards 2011 in Bangalore.
- (1888PressRelease) February 17, 2011 - Chennai - Mahindra World City, New Chennai has been adjudged the 'Integrated Township of the Year' Award, by Realty Plus, a leading Real Estate Monthly Magazine. The award was conferred at the Realty Plus Excellence Awards 2011 held in Bangalore on 3rd February, 2011.
The 'Integrated Township of the Year' Award is conferred on the township which has created a self sufficient and sustainable development to become a city in itself by establishing provisions for physical & social infrastructure, and adopting environmental initiatives. The Realty Plus Excellence Awards is an industry platform that recognises individuals, organisations and project that have created and delivered new benchmarks for excellence in the Indian Real Estate industry. The jury comprised eminent industry experts and leaders.
Sangeeta Prasad, Chief Operating Officer, Mahindra World City, said, "Mahindra World City offers seamless blending of business and lifestyle and a high quality living experience. The recognition of Mahindra World City as the Integrated Township of the year is a vindication of the journey we have commenced a decade ago in creating a fulfilling ecosystem and encourages us to continue with renewed vigour."
About Mahindra World City, New Chennai
Mahindra World City, New Chennai, is India's first integrated business city and corporate India's first operational Special Economic Zone (SEZ). Mahindra World City, New Chennai is promoted in a public-private partnership between US$ 7.1 billion Mahindra Group and TIDCO (A Govt of Tamil Nadu Undertaking).
Mahindra World City is spread over 1550 acres and offers the perfect synergy between life and work - a holistic WORK-LIVE-LEARN-PLAY environment. It has clearly demarcated business zones - three sector-specific SEZs (IT and ITES, Auto Ancillary, Apparel and Fashion Accessories) and a Domestic Tariff Area. It also has a residential/commercial zone which incorporates all modern conveniences as part of its social infrastructure.
Mahindra World City, New Chennai has attracted 55 customers from the US, Europe and Asia, including such corporate giants as BMW, B Braun, Infosys, Wipro, CapGemini, Renault-Nissan, Timken Bearings, TVS Group of Companies, Lincoln Electric, Parker Hannifin, Tesa Tapes, among others.
35 companies have started operations and around 23,000 persons are currently employed. Exports touched Rs 2300 crores in 2009 - 10 and investments were around Rs 2500 crores till April 2010.
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