Raheja bags 3rd Annual Greentech CSR Award-2013 for its CSR initiatives in the country

From Left to Right: Sanjana Rana receiving the awards from Mr. Bhaskar Chatterji IAS, DG & CEO Indian Institute of Corporate Affairs, Ministry of Corporate Affairs and Mr. Kamleshwar Sharan, President Greentech foundation

From Left to Right: Sanjana Rana receiving the awards from Mr. Bhaskar Chatterji IAS, DG & CEO Indian Institute of Corporate Affairs, Ministry of Corporate Affairs and Mr. Kamleshwar Sharan, President Greentech foundation

Immensely happy to announce that Raheja Developers was selected for 3rd Annual Greentech CSR award- 2013 in silver category during 14th annual Greentech Environment and CSR conference on 29th January at JW marriot Hotel, Chandigarh. The awards were presented to companies/ units demonstrating highest level of commitment to CSR (Corporate Social Responsibility) covering of all sectors of industry and services sector who demonstrate highest level of commitment and best practice. The awards aim to recognize exemplary operations, systems and the evidence of their impact to business vitality. Greentech Foundation awards serve as a catalyst to understanding the intrinsic value of CSR in business excellence and sustainability.

The award was received by Sanjana Rana, Sr. Manager, Raheja Developers from the hands of Mr. Bhaskar Chatterji IAS, DG & CEO Indian Institute of Corporate Affairs, Ministry of Corporate Affairs and Mr. Kamleshwar Sharan, President Greentech foundation.

Greentech Foundation Award is a unique form of benchmarking the stringent quality standards, credibility and honoring the proactive practices of the awardees enhancing their esteem and global stature. It aims at dissemination of knowledge, encourage use of eco-friendly products. Advancing the scientific, technical and practical aspects of waste management to safeguard the environment including Clean Technology, Energy Efficiency and climate change. It promotes innovative use of technology in conservation of energy, scarce materials and natural resources.

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‘Raheja Developers Limited’ has been declared as the Winner of ‘Golden Peacock Innovation Management Award’ 2013

Mr. Pravin Raheja, Director, services receiving the awards from the hands of  Shri Nikhil Kumar, Hon’ble Governor of Kerala along with Lt Gen J. S. Ahluwalia, PVSM (Retd), President, Institute of Directors, India

Mr. Pravin Raheja, Director, services receiving the awards from the hands of Shri Nikhil Kumar, Hon’ble Governor of Kerala along with Lt Gen J. S. Ahluwalia, PVSM (Retd), President, Institute of Directors, India

‘Raheja Developers Limited‘ has been declared as the Winner of ‘Golden Peacock Innovation Management Award’ for the year 2013 by the Awards Jury under the Chairmanship of Justice P. N. Bhagwati, former Chief Justice of India and Member, UN Human Rights Commission and Co-Chairmanship of Justice (Dr.) Arijit Pasayat, Chairman, Authority for Advance Ruling (Customs, Central Excise & Service Tax) & former Judge, Supreme Court of India & former Chairman, Competition Appellate Tribunal of India.

The Award was presented at a specially organized “Golden Peacock Awards Nite’, at 1900hrs, on Friday,  17th January 2014, at  Hotel ITC Windsor Manor in Bengaluru (India), in the presence of distinguished gathering of business leaders, jurists, academics, environmentalists, economists, legislators and policy makers during the ‘8th International Conference on Corporate Social Responsibility- 2014’, being held from 17 – 18 January, 2014 at the same venue.

Mr. Pravin Raheja, Director, Services went to receive the awards. The Award was presented from the hands of His Excellency Shri Nikhil Kumar, Hon’ble Governor of Kerala. Also present on the dais Dr. A. N. Saxsena, Director General, Golden Peacock Awards Secretariat, Lt Gen J. S. Ahluwalia, PVSM (Retd), President, Institute of Directors, India, Lord Diljit Rana MBE, Honorary Consul of India, Northern Ireland & S. Chakraborty, Chief Executive, Innovative Financial Advisors. Richard Howitt MEPMember of the European Parliament for the East of England and European Parliament Spokesperson on CSR delivered the Special Address on the occasion.

NAREDCO meets Environment Min seeking fast project clearance

 

Mr. Veerappa Moily Minister for Environment and Forest with Mr. Navin Raheja Chairman NAREDCO & CMD Raheja Developers

Mr. Veerappa Moily Minister for Environment and Forest with Mr. Navin Raheja Chairman NAREDCO & CMD Raheja Developers

New Delhi January 24, 2014

Realtors’ body NAREDCO has met Minister for Environment and Forest Veerappa Moily demanding faster clearance of real estate projects. A high level delegation of National Real Estate Development Council (NAREDCO) led by Chairman Navin Raheja, and President Sunil Mantri met Moily yesterday. Industry body pointed out about delay in the project due to the time taken for environment clearance and sought that the system of giving clearance to individual projects should be scrapped. “He (Moily) was very positive and assured us that our demand would be looked into,” NAREDCO Chairman Navin Raheja said. The association President Sunil Mantri demanded that rather than managing environment clearance at a micro level, all projects falling in the overall management of area should receive automatic clearance. Government should come out with an Ordinance in this regard at the earliest for automatic clearance of projects which are Green rated by agencies like LEED/GRIHA, he added.

NAREDCO further suggested for a mechanism for online approvals within 60 days, because as of now lot of time and energy of the builders is spent in getting approvals from authorities. The ministry should also scrap individual project clearances and should come up with environment clearance on the lines of development plan, it added.

Source: Business Standard

Mr. Nayan Raheja – The NextGen Entrepreneur, Money Indices 22nd January 2014

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Mr. Nayan Raheja Executive Director of Raheja Developers Limited

It doesn’t matter how much wealth an entrepreneur makes. There are things of value that should be created, but are not particularly profitable. However, it is fortunate for the entrepreneur that things of value can usually be monetised in some shape or form. After all, money exists to be exchanged for things of value. Minting money isn’t the goal. It is the byproduct. It turns out to be a great by product because it can be reinvested to create more things of value. And I do believe if you make your customers earn money out of the money they have invested with you, be rest assured that you will remain an entrepreneur for all your life. It’s a give and take deal completely. 

Be honest to yourself and only then can you be truly honest with your clients. Why I say this? Because you’d rather be an under-achiever but over-deliver than the other way round – over-achieve but under-deliver. This goes for how you consult with your clients too: if you can’t go as low as their budget, then don’t; if you think your pricing is too much for the service you’ll provide, then re-evaluate; and lastly, don’t be a ‘yes-man’ as you may put yourself in situations which can be very embarrassing to get out of. Be prepared to say ‘no’. Top tip: Don’t choose to do a job simply based on the money being offered. Before doing something drastic, look whether you could have gotten that for a bit cheaper (or possibly free) by some alternate creative means.

AGE 30

THE FUEL

Optimism is the fuel of business ownership. It’s almost impossible to run a business, if you don’t truly, honestly believe that what you do matters, and that it’s going to work brilliantly (forever)

THE METHOD

Great businesses balance the sustainability of a solid balance sheet with the resilience of an awesome culture

THE THINKING

How you think about money and personal finance will reflect on how you deal with money and the ways you accumulate money

Source: Money Indices

Hope on the realty horizon

As we step into 2014, there is promise of something new and exciting to look forward to in the real estate sector. With the introduction of new legislations in 2013, the industry is all geared up for a progressive year, writes  Bindu Gopal Rao

Year 2014 is being touted as the year of recovery for real estate. The end users will be in the market and the demand for mid and mid high segment will start improving from the second quarter of the calendar year. Anuj Puri, Chairman and Country Head, Jones Lang LaSalle India, says, “The lukewarm absorption of office spaces is likely to remain until uncertainty over some of the current headwinds dissipates. The US federal reserve’s decision on tapering (due early next year), the Indian general elections and the RBI policy direction (based on the inflation growth dynamics) are key factors to look out for in the coming six months.” 

 

Again the sentiments continue from the last year as a spill over. Venkat Narayanan, Executive Director — Finance & CFO, Prestige Group says, “Based on the last three quarters of 2013, when the Bangalore market outperformed in terms of new launches and sales velocity, we are certainly hoping that the trend continues. Of course, interest rates will continue to be a key factor.” The presently cautious market sentiment is likely to continue, but the second half is likely to witness a gradual revival in absorption. 

Manoj Goyal, Director, Raheja Developers Limited, opines, “We expect a growth in the prices of real estate by around 10% on year on year basis. It is also expected that the capital market regulator, SEBI, will notify the guidelines for Real Estate Investment Trusts (REITs) in India. This will help small investors to invest in the real estate sector.”

Source: Deccan Herald