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December 07, 2015

Mona Townships bags DNA Real Estate and Infrastructure Award, adjudged "Residential Property of the Year"

Earns national recognition for its ready to move in project located at Zirakpur Mona Greens which, flanked by vast green stretches, houses four grand 14-storeyed blocks having 272 apartments replete with all modern amenities

Chandigarh, December 7, 2015: Mona Townships Pvt Ltd (MTPL), one of the leading real estate developers in Northern India, has bagged the prestigious DNA Real Estate and Infrastructure Award 2015 in the “Residential Property of the Year” category.

The nationally recognised award of excellence, which celebrates the highest level of achievement by companies operating in the real estate and infrastructure sector, was presented to Mona Townships for its Mona Greens Project in Zirakpur at a glittering ceremony in Mumbai.

Mona Greens houses four grand 14-storeyed blocks with 272 two, three and four BHK apartments. These ready-to-move flats lie placidly on a majestic location at VIP Road, Zirakpur. Flanked by vast green stretches, this place has a charm of its own.

Elated over the achievement, Mr Sagar Setia, Director, Mona Townships Pvt Ltd, said, “It is a proud moment for us. This award is in recognition of our consistent endeavour to ensure quality and innovation in our construction and services. Our residential projects are an ongoing pursuit to provide world-class amenities to our patrons, and we will continue to strive with our quest for excellence.”

The distinctive features of Mona Greens—which, replete with all modern amenities, looks strikingly appealing with its tallest residential towers on VIP Road—like club house, swimming pool, gym, steam bath, sauna and jacuzzi have earned roaring reviews from realty experts.

“This award is an endorsement of the pioneering spirit of Mona Townships in North India’s real estate space. The achievement further strengthens our resolve to deliver innovative architectural structures,” said Mr Setia, who received the award on behalf of the company.

Presented by DNA, the Real Estate and Infrastructure Awards are hosted by the World Marketing Congress endorsed by CMO Council and CMO Asia with an objective of recognising and promoting excellence in the real estate sector and highlighting important elements of real estate practices such as commitment to service, client satisfaction, innovation, professional development, community involvement and contributions to the industry.

Last month, Mona Townships Director Mr Sagar Setia was conferred the "Young Achievers Award" at CMO Asia 2015. Under his able leadership, Mona Townships has delivered several successful residential projects in Zirakpur and Mohali. Since entering the real estate business in 2004, the company has sold 1,500 flats with a total covered area of 1.5 million sq ft in Mona Greens, VIP Road, Zirakpur; Mona Aeroviews, Swastik Vihar, Zirakpur, and Mona Paradise Apartments, Sector 127, Mohali.

The construction of 3BHK flats has already started at Mona City in Sector 115, Mohali and J90, a sprawling, 14-acre mixed-use project of Mona Townships in the heart of Mohali. Many other projects of the company are in the pipeline across North India.

About Mona Townships Pvt Ltd (MTPL)

While MTPL has three successful projects under its belt in Zirakpur and Mohali-Mona Greens, VIP Road, Zirakpur; Mona Aeroviews, Swastik Vihar, Zirakpur, and Mona Paradise Apartments, Sector 127, Mohali- Construction has already started of 3BHK flats at Mona City in Sector 115 and at Jade Business Park in Sector 90 along with more than many projects in the pipeline across North India. Another prestigious MTPL housing project on offer is Mona Greens-2 on Gazipur road, Zirakpur, which sets MTPL apart from its competitors in terms of landscaping and thoughtful layout of buildings in spacious environs.

In the last one year, Mona Townships Pvt Ltd has received over two real estate’s awards and recognitions, including the Young Achievers Award at CMO Asia 2015 and ‘Residential Property of the Year’ at DNA Real Estate and Infrastructure Award 2015. The company, which has a turnover of Rs 125 crore, has already sold 1,500 flats amounting to 1.5 million sq ft since it entered the real estate  business in 2004. Most of its projects are being funded from internal accruals. 

An ISO-certified member of the Confederation of Real Estate Developers' Associations of India (CREDAI), MTPL was founded by Mr Tejinder Pal Setia and Mr Warangan Kumar Ralhan with a vision of providing superior luxury-class housing and commercial facilities that exceed customer expectations. MTPL aspires to become a name to reckon with in the real estate sector by using state-of-the-art engineering techniques that allow more sunlight and ventilation, protect high-rise structures against earthquakes and reduce maintenance charges. MTPL has offered a wide range of residential facilities with a variety of lifestyle choices. These include villas, duplexes, low-rise and mid-rise apartments as well as plots of different sizes. All MTPL projects have certain features in common, like vast open spaces, three-tier security, power back-up and organised parking, thus creating an international living experience.