Released on = June 19, 2007, 4:09 am

Press Release Author = Corporate Voice Weber Shandwick

Industry = Construction

Press Release Summary = Mfar Constructions Pvt. Ltd, a fast growing construction
company with offices across all major metros, has won this year's prestigious Golden
Peacock Award for Environment Management for its incessant efforts in preserving
ecological balance by minimizing adverse environmental impact, while carrying out
its construction and business activities.

Press Release Body = As warnings of global warming and irreplaceable damage to our
planet get louder, the green efforts of a Bangalore based company Mfar
Constructions, not only bring hope but also inspires many.

Mfar Constructions Pvt. Ltd, a fast growing construction company with offices across
all major metros, has won this year's prestigious Golden Peacock Award for
Environment Management, at the recently held convention on Corporate Response to
Climate Change, from 8 -10 June 2007 at Palampur in Himachal Pradesh.

Mfar was conferred the award based on an assessment, by an independent International
Jury dealing with various aspects of environment preservation and protection. Mfar
was applauded for its incessant efforts in preserving ecological balance by
minimizing adverse environmental impact, while carrying out its construction and
business activities.

The Golf Link Software Park, IBC Knowledge Park, Mfar-Manyata Tech Park, TATA
Sherwood Housing Project, Platinum City are a few of the projects completed by Mfar
Constructions in Bangalore.

Mfar Constructions won the award amid stiff competition from 177 companies. Several
environmental performance indicators were monitored and evaluated according to World
Environment Foundation's stringent parameters for grant of this award.

"Today, working towards saving our environment is everyone's business. At Mfar, we
have adopted the policy of 'Thinking Green' " says Dr. P Mohammad Ali, Chairman,
Mfar Constructions.

Adds, BK Dhar, CEO, Mfar Constructions, "As a company we have strived hard to come
up with innovative ways to restrict wastage of scarce resources like water, power,
wood, etc., avoid causing damage to the soil by not using harmful chemicals etc.
This award is recognition of the efforts of every employee and every worker at all
our construction sites, who made the effort to save a bit of the environment".

The Golden Peacock Award for Environment Management is conferred annually.
In meeting the objective of improving competitiveness of business through
development of leadership, the Institute of Directors has instituted the Golden
Peacock Environment Awards in association with the World Environment Foundation
(WEF), to promote excellence in the area of quality environment management.

About Mfar
Mfar Constructions Pvt. Limited is a socially responsible construction company that
has been pioneering many new concepts in the construction industry. In 2004 Mfar
Constructions was awarded ISO 14001:2004 for adhering to the environmental norms &
OHSAS 18001:1999 for occupational health and safety at its work sites. These
certifications are in addition to ISO 9001:2000 quality certificate.
Mfar is one of the fastest growing Construction Companies in the country today,
undertaking several residential and commercial projects in cities like, Bangalore,
Kolkata, Hyderabad, Chennai, Cochin, Mangalore etc. The company also bagged the
Bronze Safety Award 2005 from the National Safety Council of India and the Safety
Innovation Award 2006 from the Safety & Quality Forum instituted by Institution of
Engineers (India).
The company recorded a turnover of around Rs. 300 crore in year ending 2006-07 and
has a projected turnover of Rs. 500 crore for the year 2007-08, with an order
booking of Rs.1000 crore.


Web Site = http://www.mfarconstructions.com

Contact Details = Corporate Voice|Weber Shandwick
#2561, 16th D Main
HAL II Stage
Indiranagar
Bangalore-560008
T-91-80-25253891,25253892,25253893
F-91-80-25253887
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