December 26, 2007

Akruti City - DLF project wins award

Akruti City Ltd has informed that DLF Akruti Info Parks (Pune) Ltd., a joint venture SEZ project between the Company and DLF has bagged the prestigious 'BAI Universal Award 2007 for Best Equipped and Mechanized Site'. The joint venture SEZ project, currently under construction at the Rajiv Gandhi Infotech Park, Phase II, Hinjewadi, was identified for the award.

Since the last decade, the Builders' Association of India (BAI) has been instrumental in
initiating awards for "Well Built Structure" under various categories. The key objective of these awards is to create an awareness amongst construction professionals on the
importance of quality, time and economy, thus helping industry in upgrading and innovating from current standards.

Getting this recognition from BAI is an endorsement of the high standards adopted to
meet the exacting demands. Winning this award also demonstrates the Company and DLF's committed effort and teamwork. After going through a stringent pre-qualification process, and powered by exceptional execution capabilities, this fast-track project has achieved ambitious targets in a very short timeframe.

Said Mr. Hemant Shah, Chairman, of the Company, "We bagged this award on the basis of our strengths in mechanization of all aspects of work, as well as meticulous methodologies of doing end-to-end monitoring of various aspects of the project. Our ability to mobilize system formwork, self-erecting cranes, concrete batching plants, steel cutting and bending machinery were the key parameters that judged our capability to deliver the project on time. By delivering on time while also ensuring quality, we are able to help our customers achieve greater business success".

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