Chandigarh, Oct 26, 2017: Mona Townships Pvt Ltd (MTPL) Director Mr Aakash
Setia has been honoured with the coveted Golden Brick Emerging Entrepreneur
of the Year Award 2017 for setting new benchmarks in urban living and
emerging as a trendsetter across North India in world-class yet affordable

Mr. Sultan Ali Rashed Lootah, MD at Sultan Lootah Petroleum presented the
award to Mr Aakash Setia at a glittering ceremony in Dubai, which was widely
attended by the who's who of the real estate industry.

Instituted by the Worldwide Federation for International Real Estate
Investors, a non-profit entity promoting cordial relations between global
real estate developers and worldwide investors, in association with
strategic communication consultancy Phoenix Duo Matrix, the Golden Brick
Awards are an acknowledgement of the exemplary contributions of Indian
builders, developers and professionals to the country's real estate
industry. More than 300 top real estate brands from all over India had filed
nominations for the awards in four categories.

The international jury comprising industry experts which decided the winners
acknowledged Mr Aakash Setia's singular achievement of pioneering Mona City
Homes, the first model residential township of its kind in the Tricity
region to offer state-of-the-art amenities, high-class design and unmatched
construction quality at most competitive prices. The driving force behind
the sales and marketing operations of MTPL, Mr Setia is the brain behind
Mona City Homes.

Terming the award as recognition of the standards of excellence set by MTPL,
Mr Aakash Setia said, "On behalf of the entire MTPL family, I humbly thank
the organisers for honouring our achievements. We, at MTPL, constantly
strive to raise the bar of excellence in all our endeavours, which reflects
in the trust and appreciation we have earned from our valued customers over
the years."

Following in the footsteps of his father and MTPL Chairman Mr Tejinder Pal
Setia, Mr Aakash Setia is spearheading the transition of MTPL from a
developer of residential townships in Mohali, Kharar, Zirakpur and Ghazipur
to a pioneer of state-of-the-art mixed-use projects.

A conscientious corporate leader committed towards contributing to the
betterment of the society, Mr Aakash Setia is also leading the social
welfare initiatives of MTPL from the front.

About Mona Townships Pvt Ltd (MTPL)
While MTPL has three successful projects under its belt in Zirakpur and
Mohali-Mona Greens, VIP Road, Zirakpur; Mona Aeroviews, Swastik Vihar,
Zirakpur, and Mona Paradise Apartments, Sector 127, Mohali-it has 15 more in
the pipeline across North India. Be it Max Height and Metro View on the
Kundli border near Delhi or Varun Cooperative Society in Gurgaon, MTPL has
set new benchmarks in quality and timely execution of projects every time.

Another prestigious MTPL housing project on offer is Mona Greens-II on
Gazipur road, Zirakpur, which sets MTPL apart from its competitors in terms
of landscaping and thoughtful layout of buildings in spacious environs.

The company, which has a turnover of Rs 125 crore, has already sold 1,500
flats amounting to 1.5 million sq ft since it entered the real estate
business in 2004. Most of its projects are being funded from internal

An ISO-certified member of the Confederation of Real Estate Developers'
Associations of India (CREDAI), MTPL was founded by Mr Tejinder Pal Setia
and Mr Warangan Kumar Ralhan with a vision of providing superior
luxury-class housing and commercial facilities that exceed customer
expectations. MTPL aspires to become a name to reckon with in the real
estate sector by using state-of-the-art engineering techniques that allow
more sunlight and ventilation, protect high-rise structures against
earthquakes and reduce maintenance charges. MTPL has offered a wide range of
residential facilities with a variety of lifestyle choices. These include
villas, duplexes, low-rise and mid-rise apartments as well as plots of
different sizes. All MTPL projects have certain features in common, like
vast open spaces, three-tier security, power back-up and organised parking,
thus creating an international living experience.