The success of Megh Mayur not only reflects the group’s confidence in its growth story – based on strong fundamentals, proven track record, high quality human resources and dynamic leadership aimed at setting industry benchmarks - but also vindicates the conviction of the Company’s management team that real estate and infrastructure development is poised to become the new Sunrise Sector of the Indian economy.
The Indian Real Estate market has witnessed a revolution, driven by the booming economy, favorable demographics and liberalized foreign direct investment (FDI) regime. Growing at a scorching 30 per cent, it has emerged as one of the most appealing investment areas for domestic as well as foreign investors.
Recognizing the basic need to approach the issue of planned development and growth across the Residential, Commercial and Retail segments of the Real Estate Industry, we at Megh Mayur believe that the key element of this transformation is change - a change from within…
Apart from the boom in retail malls and residential owning to rising disposable income, there are several new vistas opening for developers which Megh Mayur is planning to tap. With its unquestionable capabilities as a successful developer, Megh Mayur seems best placed to capitalize on the booming real estate market.
We are in a constant state of stretching and innovating. We never settle for good, when superb exists just around the corner. With continuous involvement in the Real estate industry, Megh Mayur continually looks for new areas for growth & development.
Business growth apart, the Group is also intensely committed to playing a key role in discharging its social obligations by adhering to specified norms of legal, environmental, religious and ethical practices. The aim is for Megh Mayur as a Group is to be “a professional and responsive corporate entity, which positively transforms the quality of life of society at large."
With all this and more, the Group is confident of establishing a leadership position in all its areas of businesses it undertakes.
Thank you.
Mr. Jagdish M. Shah
Chairman
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