With a missionary zeal, MARG Ltd. strives to maximize value for stakeholders by continuously identifying opportunities, developing people, processes and systems through a vision and innovation along with professionalism and social responsibility.
From inception, MARG set the trend of spotting opportunity ahead of time and initiating projects to meet the infrastructural needs of the future. The “Spirit of Visioneering” inspires the teams to envisage and pioneer activities and this fervor has led to the creation of Ports, Malls, Special Economic Zones, IT Parks, Airports, Living Spaces, Integrated Townships and more...
MARG has many noteworthy accomplishments. Below are some key ones:
1994
MARG Ltd. was established as an infrastructure and realty development company by Mr.G.R.K.Reddy, a first generation entrepreneur. GRK acting upon his conviction that infrastructure development would play a vital role in the future of India and drive the second generation of reforms, moved from the merchant banking industry to infrastructure development.
1995
May - June:
MARG announced an IPO (Raised Rs.250 Lakh) and began trading on the Bombay Stock Exchange and Madras Stock Exchange
December:
Developed MARG Center, an 8,000 sq ft commercial complex in Vijayawada, Andhra Pradesh.
1996
Launched Sai Subhodaya Apartments in Chennai.
1998
Completion of Wescare Towers in Chennai.
1998 - 2001
MARG ventured into new verticals in infrastructure, including wind power projects, electrical works and IT parks
2002
MARG pioneered development on Chennai's IT Corridor
2004
Completion of MARG's Digital Zone I, on the Chennai IT Corridor.
2006
Obtained the Government of Puducherry's concession for the development of a modern port at Karaikkal on a Build - Operate - Transfer basis.
MARG's Foreign Currency Convertible Bonds ( FCCBs ) issued
MOU signed with Oakwood Asia Pacific for operation and management of serviced apartments.
Entered into a joint venture with Housing and Urban Development Corporation Ltd. (HUDCO) to form Signa Infrastructure India Limited.
2007
February:
Issued GDRs listed on the Luxembourg Stock Exchange and raised USD 15 million
March:
Conceived the " MARG Junction Mall cum Business Hotel " project
May:
Formal approval for MARG's SPV, New Chennai Township Private Limited ( NCTPL )
June:
Completion of MARG Square, on the Chennai IT Corridor
July:
Completion of Digital Zone II, on the IT Corridor.
August:
Launched "Ramlakshmi Enclave" residential apartments in Tenali, Andhra Pradesh
November:
Launched MARG Tapovan Villas off the East Coast Road
2008
February:
Launched MARG Swarnabhoomi - the 24 Carat Neo City with 2 notified Special Economic Zones
May:
MARG to develop Fishing Harbour at Rajakkamangalam Thurai, near Kanyakumari.
August:
MARG awarded the fastest growing infrastructure company in the medium category at the 6th Annual Construction World Awards in Mumbai
December:
MARG awarded the contract for the development and operation of the Bijapur greenfield airport
MARG signs Consultancy Agreement with Surbana of Singapore for prefab construction technology for MARG Swarnabhoomi
2009
January:
Formal Approval for Port Based SEZ at Karaikal
MARG launches Pushpadruma - an apartment project at Kalavakkam on the Old Mahabalipuram Road in Chennai
February:
MARG and Bala Vidya Mandir, Chennai sign MoU to setup a concept school, BVM Global at MARG Swarnabhoomi.
March:
MARG launches Vishwashakti, an integrated township in the temple town of Tirupati, Andhra Pradesh
April:
Karaikal Port Phase 1 completed
MoU signed with Chinmaya Heritage Centre for MARG Chennai Family Quiz 2010
May:
MARG signs MoU with renowned musician and composer R. Prasanna to launch the Swarnabhoomi Academy of Music
October:
MARG launches MARG ProperTies Brand
MARG launches Utsav apartments at MARG Swarnabhoomi
Pioneering leadership and sound business strategies are MARG’s pathway to success. In the coming years, MARG will partner with developmental agencies and initiate a range of projects in urban and rural India
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