Tag: M3M Group

Beneficiary receives 2nd dose of Covishield at free-drive-through vaccination camp organized by M3M Foundation and Health Department, Gurugram at M3M Urbana, Sector 67, Gurugram

M3M Foundation, Health Department Gurugram come together to organize free drive-through vaccination camp at M3M Urbana, Sector-67, Gurugram

August: M3M Foundation―the philanthropic arm of M3M Group and Health Department, Gurugram today came together to ramp up efforts against a possible third wave of coronavirus by organizing a free drive-through covid vaccination camp at M3M Urbana in Sector-67, Gurugram. Total 328 individuals above the age of 18 years were benefitted through this camp where they received their second dose of Covishield vaccines. This event was a part of Mega Vaccination Drive that successfully administered vaccines to more than 64k beneficiaries in the city at 248 centers.

The Foundation has been actively playing a leading role in Covid relief measures in Haryana through various initiatives. This was the fourth drive-through vaccination at M3M Urbana after the success of the three vaccination drives held earlier. Also, under its iMpower program, it is also organizing “Jan Swasthya Chetna Yatra” ―an awareness-cum-vaccination campaign with the state government in Tauru to provide vaccines to 4k residents of 64 villages.

“Today vaccination has become extremely important to safeguard everyone from a possible third wave of coronavirus and achieve the dream of Covid-free India. We are extremely thankful to the Health Department Gurugram and volunteers for supporting us in organizing this camp successfully. At this juncture, M3M Foundation is taking every possible step to minimize the challenges of Covid especially in rural areas through various initiatives. We believe such positive endeavours will also encourage others to work towards the betterment of society in these testing times for overall safety and well-being,” said Dr Payal Kanodia, Trustee, M3M Foundation.

The beneficiaries required no prior registration to avail of the benefits and all Covid-related terms including social distancing, wearing of masks, and sanitization was followed during the vaccination drive. To ensure complete safety, M3M Foundation also made arrangements so that beneficiaries could get their vaccines without stepping out of their cars.

Moreover, the ongoing ‘Jan Swasthya Chetna Yatra’ which is being organized by the foundation with support from Aide et Action (an international development organization) and Health Department, Tauru, Haryana Government is also receiving an overwhelming response from all corners. The 20-day campaign which is being held between 12-31 August 2021 is focused on ramping up vaccination and shedding vaccine-related hesitancy among communities in 64 villages.

M3M Foundation has been actively working for the betterment of society with its efforts in improving health, education, livelihood, and the environment. During the pandemic, it provided relief to over 2 lakh people across the country and also ensured medical support to the people of Gurugram by establishing a Covid Care Center with the help of district administration. The Foundation believes that positive endeavors like these will greatly help in protecting society against a possible 3rd wave of coronavirus.

M3M Foundation commemorates 32nd National Road Safety Month

M3M Foundation commemorates 32nd National Road Safety Month

Gurugram: M3M Foundation commemorated the 32nd National Road Safety Month at iMpower clubs (IFC sector 66, Cornerwalk sector 74, Prive sector 75, Broadway 71 and 65th Avenue Sector 65) in Gurugram. Over 140 children were sensitized on various aspects of road safety by faculty members. The children also took out a rally in the vicinity disseminating awareness on the significance of road safety. The objective of the initiative was to spread awareness among the youth who are the future of the nation.

“Road accident is among the leading causes of fatalities in India. This initiative is a part of our endeavour to do our bit towards making roads safer for citizens. The sensitization of these children will go a long way in ensuring a safe and secure future for the youth,” said Dr Payal Kanodia, Trustee, M3M Foundation.

iMpower is a flagship programme of M3M Foundation being implemented in collaboration with Aide et Action at identified worksites in the Gurugram district of Haryana. It is being done by ensuring their entitlements to basic requirements such as education, health, financial and social security, legal aid and their access to State and Central welfare schemes.

The project engages with the age groups from 0 to 35, in and around the M3M worksites through a multi-functional resource centre. This resource centre is not only a space for supporting children in education but also links the community with government entitlements/schemes. The Resource Centre is also a hub for promoting digital literacy, health, hygiene & nutrition, and space for imparting skill training to the youth. Children and community members are being made digitally literate in the project area through this intervention. Special emphasis has been given to the behaviour change aspects of the community through various health-related interventions.

M3M Foundation, the philanthropic arm of M3M Group, is working towards bringing an equitable development for attaining a brighter India. Education, environment, health, disaster management and socio-economic development are its key areas. The Foundation believes in taking an innovative approach to address social issues by developing a self-sustained program.

Road Safety is one of the potent issues that need to be addressed urgently. Carelessness on roads and reckless driving has become a major cause of deaths and road accidents worldwide. According to the National Crime Records Bureau (NCRB), a total of 4,37,396 road accidents were recorded in India in 2019, claiming 1,54,732 lives and resulting in 4,39,262 injuries. The World Health Organization (WHO) estimates that about 93% of the world’s fatalities on the roads occur in low- and middle-income countries, even though these countries have approximately 60% of the world’s vehicles.

M3M Foundation wins Awards at 7th National CSR E-Summit & awards 2020

Gurugram, December 11, 2020: M3M Foundation, the philanthropic arm of the M3M Group, has won Bronze awards at the 7th National CSR E-Summit & awards 2020. These awards were conferred for the Foundation’s exemplary contribution in two categories- education and COVID-19. The objective of the event was to honour entities and personalities who have made remarkable contributions in giving back to the society. Organized by CSR Times, the event witnessed a total of 54 awards (including 4 Editors’ choice awards) in 17 categories such as education, healthcare, skill development, women empowerment, water conservation and management, among others. The award witnessed the august presence of Sh. Santosh Gangwar, Hon’ble Union Minister for Labour & Empowerment, Govt of India as the Chief Guest.

M3M Foundation wins Awards at 7th National CSR Summit for exemplary contribution to education and outstanding work during COVID-19

On the occasion, Dr. Payal Kanodia, Trustee, M3M Foundation, said- “I would like to extend my gratitude to the jury members for honouring our efforts to bring about a change in the education sector and for augmenting government efforts during the COVID-19 pandemic. We believe in democratic access to education for all sections of society, and we are deploying innovative approaches to facilitate access to education for the underprivileged. We are delighted to see the positive outcome of our endeavours.”

“M3M Foundation has been actively involved in tackling the pandemic and undertook various initiatives during this time. This award underscores our commitment to bring about equitable access to health and education facilities and work towards achieving a brighter India. I would like to dedicate this award to my team members and partners for their unwavering passion to serve the society, she added.

The winners were decided after a two-step process- the screening round and the jury round. The jury comprised renowned personalities from diverse walks of life such as Hon’ble Justice Arjan Kr Sikri, Former Judge, Supreme Court of India, Stuti Kacker, Former Chairperson, National Commission for Protection of Child Rights, A K Tyagi, Former Chairman, Mecon Limited, Lov Verma, Former Health Secretary, Dr. Ashutosh Karnatak, Former CMD-GAIL, Member (Technical) APTEL, Government of India and Rear Admiral S K Mital, Member – PESB of India.

M3M Foundation was awarded in the two categories- Education and outstanding work during COVID-19. In the field of education, Haryana government has inked a Memorandum of Understanding (MoU) with M3M Foundation to facilitate online preparation, training and mentoring of students preparing for government jobs. The objective of the MoU is to build and strengthen the partnership between both institutions to enable students to access quality preparation for entrance examinations of government jobs. M3M Foundation has also launched the SAAKSHAR initiative to provide scholarships to students hailing from the marginalized sections of society.

Amid the lockdown, lakhs of migrant workers were stranded across the nation due to the suspension of transportation. At this critical juncture, M3M Foundation emerged as their formidable support system. Foundation was able to retain more than 90% of labourers at Gurugram. Amid the pandemic, the Foundation also launched ‘Kartavya’- a food and nutrition programme to cater to 2 lakh people, including 8000 migrant workers along with their families at M3M worksites. In collaboration with Iskon, it provided lunch to all the construction workers at all M3M sites. Fumigation and sanitization of the camps were also undertaken. M3M Foundation has embarked on a unique environmental initiative to plant one million trees across India in the next three years. Amid the 74th Independence Day celebrations, M3M Foundation undertook a 15 day-long ‘Freedom from Hunger’ campaign to provide cooked meals to 125 underprivileged children in East Delhi.

M3M Foundation, the philanthropic arm of M3M, is working towards bringing an equitable development for attaining a brighter India. Education, environment, health, disaster management and socio-economic development are its key areas.

About the Award:

The CSR TIMES Awards is held annually. It encourages corporates, Corporate Foundations, NGOs, Government and Public Sector Undertakings, Individuals and groups of Individuals to deliver high-impact CSR projects and adopt a multi-stakeholder approach leading to excellence in project outcomes. The awards are given to remarkable CSR projects in 17 categories at pan-India level. The awards aim to honour the organizations and individuals in particular thematic areas that serve as a benchmark in the CSR project planning and delivery of results.

Quotes from Real Estate Industry Players on RBI’s Monetary Policy

The RBI kept the repo rates unchanged to 4% and the reverse repo rate to 3.35% on the monetary policy review meeting today. The decision holds good news for prospective buyers in the realty sector. Here are the views of industry players on the same:

The decision of unchanged RBI repo rate and reverse repo rate is a smart move by the government. The government has taken favourable decisions to support the real estate sector in the past few months which has positively impacted the market sentiments and will improve further in the post COVID era. In the past quarter, the sector has seen a robust response in terms of sales across spectrums. This move will further encourage prospective buyers to invest in the realty sector. – Pankaj Bansal, Director, M3M Group.

We welcome the move from RBI that aims at keeping the repo rate unchanged. This will ensure an easy flow of money to the people in the country. This has given a positive ray of hope to the consumers who require a home loan and looking forward to possessing a new house. As people want to attain satisfaction and security of owning a house during this pandemic, the boost in this desire is given by the constant rate of interest on home loans, which is not going to rise soon. We expect that this move by the government will give another boost to real estate. –  Dr. Kunal Banerji, Advisor to the CMD, Central Park.   

The decision to keep the RBI repo rate and the reverse repo rate unchanged is again a great step by the government. With the economy growing post unlock, the housing sector is utilizing the opportunities due to various RBI decisions in the past few months. As a result, the sector has witnessed favourable market sentiments and increased sales in the past quarter. This will further continue to encourage banks to lend money to the housing sector and ensure improved credit flow. We hope to see further seamless support to the sector in the post-COVID era. This will revive cash flow in the country and maintain financial stability.  – Santosh Agarwal, CFO, AlphaCorp.

Luxury housing segment to witness a fillip in demand

The real estate sector is gaining traction in the residential segment as buyers are taking purchase decisions rapidly in subsequent unlock phases. The segment has registered a massive 254% increase in the enquiry. It has also reached 65% of sales of the pre-Covid level, Anarock, a property consultant, says in its report. These figures are the result of increased economic activity post lockdown and the lucrative discounts offered by builders.

The luxury homes, a lifestyle statement reflecting a higher social and financial status, are a major attraction of buyers, especially of NRIs who are inclined towards a life of luxury. Luxury houses provide an opportunity for buyers to expand their social circle and connect with a diverse community having similar status. A weaker rupee, lower interest on a home loan, and the permission to own many immovable properties are the other prominent factors that make them buy a property in India.

Developers see a sanguine future for the segment and are building projects equipped with all the modern amenities. Talking about the luxury segment and buyers’ inclination towards it, Amarjit Bakshi, CMD, Central Park, said, “Indeed the coronavirus pandemic has disrupted the smooth flow of the real estate market globally. However, we at Central Park have started experiencing an increase in traction from potential customers in the luxury housing segment as the lockdown is easing out. Individuals have realized that real estate is still the best investment option. Luxury real estate is not only a great investment, it is the destination for the upwardly mobile professional elites of India.”

The concept of luxury has evolved to include many more features. The globetrotting generation compares the amenities offered in India with the world. As a result, the developers have included world-class features in projects.

“With evolving dynamics in the Indian Real Estate, developers are also focusing on offering lux amenities to the homebuyers. The leisure of clubhouses, swimming pools, kids play areas, spa and other resorts like amenities are gaining huge traction from the buyers in the luxury housing sector. The post-COVID-19 scenario is assumed to be no different for High net-worth individuals (HNIs), who are the target audience of this segment. The luxury housing market is witnessing a revival as the end-users at the top of the pyramid have only been affected marginally, and their lifestyle benchmarks continue to evolve.” Said Pankaj Bansal, Director, M3M Group.

From high-rises to duplexes and independent construction or even gated communities; luxury homes across the country are now constructed with high-end features and specifications not just in design and interiors, but also in construction methods, and amenities. Swimming pools, sports complexes, fitness centres, kids zones, meditation centres, manicured lawns, electronic security, are some other features that make luxury housing the best place to live. The technology inclusion, especially automation, has gained equal importance. Thus, it is not only drawing interest from domestic buyers, but also from the NRIs.

The pandemic has further increased the importance of luxury housing projects due to health and safety reasons. People want a serenely beautiful place having all the facilities to live in. Luxury houses meet all the demands of the buyers. This is the reason behind the increase in demand for such homes which has spread beyond the metro cities. The segment is going to witness more increase in demands in this festive quarter.

M3M Foundation embarks on an initiative to rehabilitate Bihar flood victims

Gurugram, 19th September 2020: M3M Foundation, a philanthropic arm of M3M Group, has embarked on an initiative to rehabilitate flood victims in the East Champaran district of Bihar. As a part of this initiative called Kartavya, M3M Foundation, in collaboration with Rise Always Welfare Society (RAWS),
facilitates reconstruction and redevelopment of houses as well as the provision of a gas stove for at least thirty families in the East Champaran district, Bihar. Fifteen houses have already been constructed at Bhaja Tola, East Sareya, West Sareya, Matiarwa, Bankat and Majharia in East Champaran district.

“The rural community in the East Champaran district has been hard hit by floods. As a responsible organization, we stand with them in his hour and are committed to supporting them through financial as well as psychological means,” said Dr. Payal Kanodia, Trustee, M3M Foundation.

Currently, the districts of East Champaran, Darbhanga, Muzaffarpur and Saran are reeling under the impact of floods with all major rivers maintaining a rising trend. The floods have affected 81.59 lakh people across 16 districts besides damaged standing crops spanning across 7.5 lakh hectares. RAWS, a non-governmental organization has been actively spearheading rehabilitation efforts in Bihar. Both M3M Foundation and RAWS have joined hands to extend economic and psychological support to flood victims.

“Bihar floods have severely impacted the population especially the vulnerable section of society. As
conscious citizens, it is our ethical responsibility to empathize and support them in whichever way we can. This initiative will not only help these communities in rebuilding their lives but also exemplify the significance of sustainable living as a prudent way forward,” said Mr. Sarvesh Tiwari, Chairman, RAWS.

These houses are being constructed out of bamboo that is known for its sustainability and resilience as a construction material. The sheets of bamboos were made at one location for constructing the wall of these huts. Later, these sheets are transported to the locations where beneficiaries reside, to be combined with cement sheets.

“We are grateful to M3M Foundation & RAWS in helping us to rebuild our lives after the floods. The
floods amid COVID-19 have exacerbated our situation but this initiative has given us a ray of hope,” said Baleshwar Mishra, a beneficiary in West Sareya.

M3M Foundation is working towards bringing an equitable development for attaining a brighter India. Education, environment, health, disaster management and socio-economic development are its
key areas. The Foundation believes in taking an innovative approach to address social issues by developing a self-sustained program.

In the past year, the Foundation has undertaken many initiatives in this direction. It has launched ‘iMpower’ an education and skill development initiative that aims to build a community-led Worksite Upliftment Programme for construction workers. During the Covid-19 pandemic, it launched a project called ‘Kartavya’ to provide food and essential sanitation items to construction workers and families. To date, it has helped two lakhs of stranded people with ration and other essentials. It is reaching
out to 3000 people daily under the project.

In the area of education, its work includes disbursal of liberal scholarships under its project ‘Sakshar’ to the financially deprived students and empowering the marginalized section of the
society with basic digital literacy skills. In another initiative called ‘Sarvodya’, M3M Foundation plans to support and facilitate 13 villages of Odisha to become self-sustainable in the next three years.