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Gera Developments concludes 2014 on a high note with multiple accolades

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Brand Gerarecognized for theinnovative concept, outstanding project and notable contribution to the real estate sector

Pune (Dec. 23, 2014): Gera Developments, with a track record of over 43 years is one of the pioneers of the real estate industry and the creators of premium residential and commercial projects in Pune, Goa & Bangalore.  The company has upped the ante in the real estate sector with its premium innovative product + service offerings.The company’s outstanding accomplishments were recently recognized and felicitated at national real estate events in Pune and Delhi.

Mr. Kumar Gera was awarded the Scroll of Honor for his outstanding contribution to the real estate sector at the 6th Realty Plus Excellence Award 2014 in Pune. The award was received by his wife, Ms. Nalini Gera on his behalf. The award was in recognition of him as a visionary par excellence and a multi-faceted personality whose professional expertise and social commitment have helped set higher standards in the industry. He has pioneered a detailed model of skill development in the construction industry and his drive and core values of innovation, customer focus and quality have helped take Gera Developments to great heights.

Mr. Kumar Gera, Chairman, Gera Developments commented on the award, “It is always humbling to receive such recognition and I do so with the utmost gratitude and joy.  This is a salutation to not only me as an individual, but to my company, its achievements and the industry at large. I hope to continue contributing to the industry and the country while achieving many more milestones along the way. I would like to dedicate this award to my family and colleagues who have helped me reach this pinnacle.”

The company was also awarded the Best Themed Project Award and Best Marketing Concept Award for Gera’s ChildCentricTM Homes concept by Realty Plus. Additionally, Gera's Trinity Towers at Pune won the Best Residential Project in the Pune Region in the luxury segment at the CNBC AWAAZ Real Estate Awards 2014 held in Delhi. The awards were a salute to the project and concept that have created a mark for themselves and have been shortlisted amongst more than 8000 projects across 12 cities in the country. Driven by stringent criteria, a comprehensive multi city survey and a two phased jury process, the awards have identified India’s best most preferred projects and the winning teams behind them.

Expressing his appreciation, Mr. Rohit Gera, Managing Director, Gera Developments said, “Gera Developments prides itself on providing long term enjoyment to its customers and innovation has been a hallmark of the company. We are truly grateful to the industry for recognizing our efforts and it will only motivate us to work harder to achieve greater heights. We are proud to be part of an industry that has established such high standards and strives to raise the bar every day. Our ChildCentric Homes concept is truly path breaking and has revolutionized the real estate industry.”

Mr. Rohit Gerafurther added“These awards are a testament to our people who strive to achieve our vision and every goal. I am proud to accept the award on behalf of the entire team of Gera professionals.”

Earlier this year, Bloomberg TV India, the country's leading English business news channel and knowledge partners JLL ranked Gera Developments among the top ten residential real estate developers in Pune.

The company has established it’s self as a front runner in the real estate space with the many “firsts” that stand to its credit. These include the 5-Year Warranty on real estate consisting of preventive maintenance and repairs for the first time in India and providing insurance of buildings for 3 years (prepaid) or Pune's first intelligent buildingor the first shopping mall in Pune - Gera Plaza.

After four decades of unwavering commitment towards innovation and service, the Gera brand is today a force to reckon with. They have established a footprint all across Pune, Goa and Bangalore by meticulously constructing and delivering over 50 projects, with close to 4 million sq.ft. of development. Their projects proudly stand as great examples of elegant designs and robust engineering which have helped the brandgrow from strength to strength over the decades.