Real estate, the fastest growing sector in the Indian economy was presented with awards on 16th August, 2007 by CNBC Awards and ICICI Bank Home Loans at Land’s End, Mumbai.

CRISIL, India’s premier credit rating agency honoured the country’s leading real estate developers who have set high standards in the industry. The organizers received nominations for various categories from across the country in the residential, commercial and retail segments.

CRISIL followed a detailed selection process to establish a sound point of reference for the real estate industry and buyers.

Under the Best Residential Property and Best Organisation Structure categories, Kalpataru Properties was declared the winner amongst 175 and 15 entries respectively..

The winning entry for the best residential property is the Kalptaru Horizon. 2 premium towers have the residential section starting only on the 14th floor, and stretches vertically up to the 30th floor. The 3 and 4 bedroom apartments and penthouses are supported by wellness and entertainment facilities within the complex.

Kalptaru won the 2nd award for following the best management practices amongst all real estate companies, and earned the ISO certification in 1998.

The awards were classified as Theme awards, Category awards, Achievement Awards, and Special Wards

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