by NR INDRAN / INT

Celebrating the World Environment Day for the seventh year in succession, leading developer KumarUrban development Limited (KUL) donated over 12,000 plants to the City.

Of these, 10,000 plants were given to Pune MunicipalCorporation and 2,000 to the Pune Cantonment Board. These 12,000 plants in the city, after they grow fully, will help reduce carbon emissions by about 2646 kg and release approximately 2400 kg of oxygen per year.

KUL organised the tree plantation programme at KULEcoloch township site at Mhalunge – Pune. Ecoloch incorporates green technology and energy saving features.

Commenting on the company’s green initiatives, Ms.Kruti Jain, Director, KUL said, “We at KUL believe it is very important to be environmentally-conscious. Our initiative of planting samplings in the city is our endeavour to contribute towards the environmental health of the city. These saplings and trees will reduce carbon emissions to a greater extent, thereby making the city a cleaner and healthier place to live in.”

Ms. Jainreiterated KUL’s commitment to continue aggressively with eco-friendly and ghreen projects.

“We have donated over 50,000 saplings and trees to PUne city till date. We have supported the green environment act by using chemical-free and energy-sufficient ingredients across all our projects” said Ms.Jain.

Mr. Lalitkumar Jain, Chairman and MD of KUL, is popularly known as the “Green man of  Pune”, thanks to his huge initiatives and contribution on green movement. As the Chairman of Indian Green Building Council (IGBC) Pune chapter, he not just propagates but also incorporates the eco friendly practices in his projects to make them sustainable. This World Environment Day event is strongly supported by IGBC

KUL’s efforts have been well recognised time and again by the various governmental and non-governmental organisations. For a period of last 5 years, the Group has been winning the national “Srishti Good Green Governance Award”. The company has also been felicitated by Amicus Enviro Consultancy for its contribution to nature and environment.

The major green projects launched by KUL include KULE coloch, which is registered under IGBC Green township ratings and Cerebrum ITSEZ with a LEED CS pre-certified platinum building.

Kumar Urban development Limited (KUL) is a real estate development and construction company which focuses on residential and commercial development in the cities like Pune with presence in Mumbai, Bangalore, Hyderabad, Panchgani & Nagpur. KUL believes in Hard work, Trust and Performance and it also stands for knowledge, usefulness to society and legacy. As it continues to build homes and life spaces, it reflects age old values. KUL’s expertise lies in maintaining international quality Design, Development, Construction and Marketing of Residential and Commercial Complexes.

Mr. Lalitkumar Jain, Chairman and MD of KUL have around three decades of experience in the real estate industry. The company’s projects span across affordable, mid-segment and luxury homes to commercial and retail complexes, apart from IT complexes and SEZ. Since restructuring of the  company in 2006, they have completed 2.18 million sq. ft. of Developable Area, including 10 residential (including one-redevelopment project) and 7 commercial projects. As on date, KUL has 14 ongoing projects across four cities with 3.91million sq. ft. of estimated developable area and estimated saleable area of3.42 million sq ft. In addition, the company has 50 Forthcoming Projects with73.13 million sq. ft. of developable area and estimated 64.14 million sq. ft.of  saleable area.

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