MARG Group

Press Releases

 Value enriched living spaces for one and all 

Chennai, September 24, 2009: MARG Limited, India's fastest growing integrated infrastructure company, has today announced the launch of MARG ProperTies, the umbrella brand for all offerings in the living spaces/homes segment. MARG ProperTies, as the residential arm of MARG, will offer value enriched homes, showcasing a wide range of options for everyone to fulfil their home aspirations.

Marg ProperTies envisages products based on customer requirements, removing pain points of the customers by co-creating financial packages that drive advantages to the customer like "No Pre-Emi" schemes. This philosophy has translated into tailor made solutions to address end users & the recent success of Pushpadruma located on OMR adds to the belief that customer orientation and thoughtfully designed projects will succeed even in tough market conditions.

MARG ProperTies will offer a bouquet of home solutions for everyone, right from functional budget apartments to super luxury villas such as affordable homes, urban smart homes, integrated townships and luxury homes.

With features such as upgrading one's lifestyle to a bigger and better home, assured area, through a measure and pay guarantee, no dead space, and value enriching options to select home furnishings or consumer durables from MARG's exclusive shortlist of associates, the MARG ProperTies brand will personify a great range, strength, quality and pedigree.

Speaking on the occasion, Mr. GRK Reddy, Chairman & Managing Director, MARG Limited said, "At MARG, it has been our constant endeavour to identify opportunities, to synergise knowledge of global and domestic markets and to align with India's infrastructural and real estate needs. Today, we are capable of scaling up operations in the shortest turnaround time with strong focus on quality and a perfect blend of aesthetics and strong business sense. We strongly believe in making commitments to customers based on our conviction, and seeing them through 'no matter what'. The primary goal of MARG is to increase stakeholder value. The launch of MARG ProperTies is in line with this endeavour. And to us the most important stakeholders are shareholders who own our business, employees who work with us, and our esteemed clients and customers who purchase our products and services."

'Value enriched homes & everlasting relationships' will be the underlying philosophy that would reflect in everything that MARG ProperTies does. MARG ProperTies will operate with a high degree of transparency by leveraging on the reliable ties MARG already has with architects, financial institutions, vendors, consultants and stakeholders. This will also enable the company to attract global partners and use state-of-the-art technology to consistently deliver the best for its customers.

"We are conscious of the fact that every project we deliver has an obvious impact on the economy, infrastructure and society. We believe ours is a never ending journey of innovation and learning and the body of knowledge from each project we work on is invaluable in our evolution. And as we create landmarks, we never lose focus on building values," adds Mr. Reddy.

About MARG Limited:

MARG Ltd., formerly MARG Constructions Limited is among India's fastest growing diversified infrastructure development companies. Established in 1994, MARG Ltd. is listed on the Bombay Stock Exchange.

Headquartered in Chennai, MARG Limited is promoted by the first-generation entrepreneur Mr. G R K Reddy.

The company pioneered infrastructure development on the Chennai IT Corridor. The company's business roadmap encompasses 4 verticals – EPC Contracting, which has over 500 man years of technical experience in handling deep excavation works, high rise buildings, Power sub-stations, High power (above 132 KV) transmission lines, Marine Infrastructure, Industrial Clusters and Living Spaces.

Marine Infrastructure handles Ports & Logistics, Dredgers & Fishing Harbours; Industrial Clusters – for SEZs and Industrial Townships, Living Spaces / Real Estate - to develop commercial and residential spaces. Under the real estate vertical, MARG has already developed over 1 million sq ft of commercial space for clients like TCS, Scope International, among others.

The company's prestigious projects include Karaikal Port, MARG Swarnabhoomi, Riverside Mall, Destination Mall, Tapovan, Pushpadruma, and Hotels & Convention Centres. Also, MARG Communities Alive Council (CAC) implements the company's vision for inclusive living and focuses on sustainable community development programmes.

The company's esteemed clientele include market leaders such as Scope International (Standard Chartered Bank), TATA Consultancy Services, BHEL, Enercon India, Slash Support Systems and Hindustan Oil Exploration (HOEC).

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