Maytas Properties SEZ receives Holcim Award for Sustainable Construction in Asia

Maytas Properties SEZ receives Holcim Award for Sustainable Construction in Asia
15 December 2008

Maytas Properties Limited, a Hyderabad based leading Property Development Company, has received Holcim Award for Sustainable Construction in Asia Pacific for its Green IT/ITeS SEZ at Maytas Hill County. Maytas Properties received the Bronze for its energy-efficient SEZ at Maytas Hill County SEZ, while China received the top prize for sustainable planning for a rural community, followed by Ho Chi Minh City, Vietnam for low-impact green field university campus. Total prize money of USD 270,000 was presented to ten projects that show future-oriented and tangible approaches to urban renewal and development, energy efficiency and affordable housing.

Maytas Properties’ SEZ was commended for optimising shading and day-lighting in its SEZ on the outskirts of Hyderabad, India. The building reduces energy consumption by 35-40% compared to conventional designs, by using courtyards and optimizing building orientation towards the sun. Angled vertical walls on the southern façade create self-shading effects that minimize solar heat gain while maintaining views and high daylight levels. The three winners automatically qualified for the Global Holcim Awards competition, which will be further evaluated by a global jury and the winners will be proclaimed in Switzerland in 2009.

Commenting on the achievement, Mr Sanjay Chawla, Head, Commercial & SEZ, Maytas Properties, shares, "Maytas Properties is committed to deliver a durable, aesthetically and structurally sound yet also environmentally compatible SEZ. We do believe in consequent transformation of the economy through the reform process. Real estate sector shall contribute greatly to improving the lifestyle and standard of living of a vast majority of the Indian population and during that process shall contribute for the process of nation building. We are honored to receive this award in a global competition for Sustainable developments."
Published under Cement News