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February 25, 2016

Mona Townships bags ABP Real Estate Award, lauded as Indias Emerging Developer of Year

 

Company gets recognition for its new Zirakpur Township Mona Greens, an embodiment of upscale living that houses four grand 14-storeyed blocks with 272 apartments in lush green environs

 Chandigarh, February 25, 2016: Mona Townships Pvt Ltd (MTPL), one of the leading real estate developers in Northern India, has won the prestigious ABP News Real Estate Award as the “Emerging Developer of the Year” in the residential category. Mr Tejinder Pal Setia, Chairman, Mona Townships Pvt Ltd, received the award at a glittering ceremony at Taj Lands End, Mumbai, on February 20, 2016.

 Mona Townships received the award for Mona Greens, its new township in Zirakpur where the allottees were handed over possession of their dream homes four months ago. Setting a benchmark in upscale residential projects, 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.  The distinctive features of Mona Greens—which is replete with all modern amenities like club house, swimming pool, gym, steam bath, sauna and jacuzzi—have earned roaring reviews from realty experts.

 The nationally acclaimed ABP Real Estate Awards celebrates the highest level of achievement by companies operating in the real estate and infrastructure sector. The awards are selected by an independent jury comprising eminent industry professionals.

 Terming the award as a “special moment” for Mona Townships, Mr Setia said, “The third award won by us in a short span of seven months, this recognition means a lot to us. It will motivate us to raise the bar and create more world-class projects.”

 ongratulating all his employees for the collective achievement, Mr Setia said Mona Townships was committed to transforming the living experience of people through architectural excellence and intelligent design.

 Under Mr Setia’s able leadership, Mona Townships has emerged as one of India’s finest real estate developers with six projects under its belt spread over an area of 2.5 million sq ft across Delhi, NCR and Punjab.

 In July 2015, Mona Townships Director Mr Sagar Setia had won the “Young Achievers Award”, which was followed by the DNA Real Estate Award to the company for Mona Greens as the “Residential Property of the Year”.

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. 

 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 three real estate’s awards and recognitions, including the Young Achievers Award at CMO Asia 2015, Residential Property of the Year at DNA Real Estate and Infrastructure Award 2015 and in Emerging Developer of the Year at ABP News Real Estate Awards 2016.

 The company, which has a turnover of Rs 125 crore, has already sold 1,500 flats amounting to 2.5 million sq ft spread across Delhi, NCR and Punjab 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.