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Sustainable Development: The need of the hour
Mr. Sushil Mantri, Chairman & Managing Director
"Sustainable development" these are not simple words, but the "mantra" for steady economic growth in the years to come. It is necessary because the need for development is as great as ever, but the model used in the past cannot be continued as a pattern for our future. Global prosperity must increase and living standards must be improved, we have social, economical and environmental challenges to face and which can be addressed by practicing sustainable development.

Even in India, Though in a nascent stage, sustainable realty is gaining popularity in the Real Estate fraternity. The number of certified green buildings in India has witnessed a manifold growth in the last few years.

This is a testimony to the growing acceptance of green initiatives and adopting green practices is no more an option, as they are fast emerging as reliable tools for sustainable and harmonious growth in the long term. But the concept of sustainability is marred by few myths, such as, green buildings are expensive; not feasible or market demand for green space will fade out eventually. If green building materials are incorporated appropriately and proportionately, there would be no increase in initial cost. Also with growing awareness about sustainability and the rapidly escalating effects of climate change, the market demand is set to grow.

In this context, the real estate sector will act as an important catalyst for transformation, energy and sustainable initiatives in the country. The sector impacts not only the economic and social life, but also on the environment.

We at Mantri always had been committed to the vision of creating a sustainable world into reality. As we always promote and practice sustainability in most of our business activities and they have been successful as well.

This undying passion and commitment towards sustainability has bagged us with the most coveted CII-ITC Sustainability Award for the year 2012 and 2013; it is noteworthy that for the first time ever any real estate developer from Southern India has been conferred with this prestigious award. Today, sustainable development and economic growth of a nation are inter-linked and one cannot be separated from another. Thus the current situation demands for an honest 3Cs policy- Conviction, Commitment and Consistency towards this noble concept. Also personally I feel that the success of this depends on all of us, as we all are equally responsible in making sustainable development as a way of life.

With rapid urbanisation across the world it is throwing up new challenges, sustainable development, inevitably, has become the need of the hour. This is high time that we are serious about conserving crucial natural resources through a sensible and sustainable manner.
Sustainability Award
Mrs. Snehal Mantri, Director Marketing & HR, Mantri Developers receiving the CII-ITC Sustainability Award 2013 at Vigyan Bhavan, Delhi from Mr Sachin Pilot, Corporate Affairs Minister.
Mr. Sushil Mantri, Chairman and MD, Mantri Developers receiving the CII-ITC Sustainability Award 2012 from President of India Shri Pranab Mukherjee at Vigyan Bhavan, Delhi.
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