~CBRE AWARDED BY HONORABLE MINISTER FOR IT & INDUSTRIES, MR. K. T. RAMA RAO AS BEST COMPANY IN CATALYSING THE GROWTH OF IT SECTOR IN TELANGANA AT TELANGANA STATE FORMATION DAY – 2018 AWARDS~
HYDERABAD, June 5, 2018 – CBRE South Asia Pvt. Ltd, one of India’s leading real estate consulting firm, today announced that The Government of Telangana has bestowed the state honour on CBRE as the Best Company in Catalyzing the Growth of IT sector in Telangana. Honorable Minister for IT and Industries, Mr. K. T. Rama Rao awarded CBRE as part of Telangana State Formation Day - 2018 awards, in Hyderabad.
Telangana coupled with the inherent strengths of the city, includes its status as a prominent IT hub. The state has a strong institutional base, supportive government policies, large scale infrastructure initiatives and significant demographic dividend which have propelled economic growth in the state, over the past two years. CBRE serves as a catalyst in developing technologies that will help drive growth in the real estate sector and incorporate smart technologies that defines today’s real estate sector.
Anshuman Magazine, Chairman, India & South East Asia, CBRE South Asia Pvt. Ltd said, “We are privileged to receive this award from Honorable Minister for IT and Industries, Mr. K. T. Rama Rao. It is heartening to see that our efforts towards technology integration are being recognised towards the growth of IT sector in state of Telangana. At CBRE, we are dedicated towards incorporating technology in our sector to ensure greater operational efficiency and increased customer engagement. We aim to provide the best in class services, supported by our strong operating platform, to all our clients across the globe and therefore this award is a testament of this fact. We believe Hyderabad’s resistant economic growth has propelled the city to become a leading realty hotspot in India especially in terms of IT sector as its large talent pool are driving the city’s robust infrastructure to become the technology hub of our nation.”
Gipson Paul, Senior Director Head Hyderabad Office, CBRE South Asia Pvt. Ltd. said, “It is indeed an honour to be receiving this award and the recognition by the State Government. We believe that the growing occupier demand, improving infrastructure and the availability of a large talent pool has supported the growth of Hyderabad real estate market in the last couple of years.”
Telangana State Formation Day Award – 2018 recognizes the efforts and services to promote digital literacy among common people. Therefore, along with CBRE the award committee has also rewarded other firms that play an important role in the digital practices. These include Infosys Limited, NSL Infratech, Tech Mahindra and many more.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
