MUMBAI, 4^th DECEMBER 2019 (GPN):  Poddar Housing and Development Limited, a pioneer in affordable housing and leaders in providing homes created with World Class Technology, keeping in mind the quality in construction wins Best Affordable Project of the Year 2019 for Poddar Samruddhi Evergreens along with Integrated Township of The Year for Poddar WonderCity. The Awards were presented by Mr. Rajendra Mirgane, Joint Chairman, Maharashtra Housing Development Corporation Limited at The Affordable Housing Summit 2019 in Mumbai.

Nestled in greenery and natural serenity Poddar Samruddhi Evergreens and Poddar WonderCity are multi-phase projects spread across 50 acres. The projects are located in Badlapur East and are designed by Padma Bhushan architect Mr Hafeez Contractor with a plethora of modern amenities that enables the residents to live a hassle free life redefining affordable luxury at large.

On winning the awards Mr. Satyam Marolia, Chief Sales and Marketing Officer, Poddar Housing and Development Ltd said, “The affordable housing sector is growing dynamically across India, despite the overall economic slowdown. As a pioneer in affordable housing, Poddar Housing helps and addresses the housing requirement of the buyers according to their aspirations, keeping in mind the best-in-class infrastructure at reasonable price points. With this win, we look forward to use a similar approach for our upcoming project and set a benchmark for affordability at large. The supportive policy framework and regulations by the government for the affordable housing segment will boost the real estate sector at large and infuse positive momentum in the market.”

Commenting on the Best Affordable Project of The Year Award Mr. Amit Chand, Vice President Marketing, Poddar Housing and Development Ltd.said, “Poddar Housing has always strived to provide best quality homes with minimal wastage of spaces at a reasonable price. The core idea behind these projects was to ease the entire living experience of the residents by providing amenities that make their life easy and hassle-free. We are proud that our approach for these two projects has got us these prestigious awards and we look forward to create more such projects and live upto our motto of providing homes for life.”

About Poddar Housing and Development: Poddar Housing and Development Ltd. is a Public Limited, listed Company in the BSE and NSE. Started by Director Dipak Kumar Poddar and MD Rohitashwa Poddar, the company has a vision of fulfilling the housing needs of all sections of society and has delivered nearly 5,000 apartments in the last 7 years. PHDL is a part of the Poddar Group, one of India’s oldest business families, described by a noted Harvard professor as the most important Indian firm of the 19th Century. Since then, they have a solid track record in textile manufacturing, automobile tire manufacturing, steel, real estate, education and have supported numerous charities. ENDS