OREANDA-NEWS. May 06, 2011.  Tata Housing Development Company (Tata Housing), India’s leading real estate company, was honoured with the CNBC Awaaz Crisil CREDAI Real Estate Award 2011 for Integrated Suburban Developer at the 11th National Conference of Confederation of Real Estate Developer’s Association of India, in Singapore. The award was handed over by  Kamal Nath, minister for urban development, to Brotin Banerjee, MD and CEO, Tata Housing, at a glittering awards ceremony at Hotel Marina Bay Sands. 

Commenting on the achievement, Mr Banerjee said, "At Tata Housing, it’s our constant endeavour to create benchmark projects across all segments on a pan-India level, based on the consumer’s needs and requirement. This award is a testimony of our success in providing the best-in-class integrated sustainable projects. We are extremely happy to receive this award, and it will strengthen our commitment to create landmark projects across the country."

The judging process is a challenge with each passing year for the Real Estate Awards and this year was no different. A detailed methodology and criteria had been outlined by Crisil to select India’s finest builders, architects and interior designers. This includes selection of the winners from the various award categories based on a rigorous two-stage selection procedure. While the first stage was shortlisting nominees, the second stage was the final selection stage. In the shortlisting stage, all the data submitted by the developers in the application form was thoroughly scrutinised based on stringent criteria.

Based on the information submitted by the developers, Crisil chose a list of finalists at this stage, who had to make a presentation to an eminent jury. Crisil also asked for a declaration from the developers, relating to the project. The jury evaluated the presentation made by the developers based on the criteria and also asked questions relating to the project and the promoters. The jury finally selected the winners for the various categories based upon the presentations made.

The Real Estate Awards recognises individuals and various corporates whose excellence and achievements have set a benchmark within the industry. The awards also seek to acknowledge the magnificent architecture and intricate interiors of the Indian industry, which have gained recognition globally. These awards aim to recognise the marvels of those who have carved a niche for India's development in the global arena. The real estate fraternity holds high regard for the Real Estate Awards and over the years it has become an institution in itself. The awards are an unparalleled tribute to the excellence in business in India.