Carat wins Baderwals Infraprojects media account worth Rs 200 million

MUMBAI: Carat Media Services has bagged the media duties for Baderwals Infraprojects worth Rs 200 million. Previously, a land procurement, holding and banking firm, the company plans to foray into the realty domain in the country and therefore decided to award its planning and buying functions to Carat.

Speaking to Baderwals Infraprojects president marketing Nilanjan Maitra said, "In making a strategic shift into the dynamic category of realty business, we needed a media partner to hold our hand and support our growth in this segment. The expertise in planning and buying that Carat brought to the table urged us to select them."

The other players in the fray included Group M's Motivator, and two local players - a Madison based agency and Hitads. The creative duties were awarded to Latitude 23 about six months ago.

Baderwals which has a land bank worth Rs 4.5 billion, will launch itself originally be developing state-of-art commercial and residential projects in Delhi, NCR and extended region with the initial investment of Rs.11 billion. The company plans to develop 11 projects across the country.

Commenting on this strategic shift, Baderwals Infraprojects Pvt. Ltd. chairman and managing director Sushil Baderwal said, "The Real Estate growth in the country is riding high to the levels of 20 per cent to 60 in the past decade and is showing signs of future swell in the coming period. Baderwals taking advantage of the present favorable conditions in the realty biz are now sailing into the sea of construction and development of realty."

In the past, Baderwals has erected mega projects like - Township, Group Housing , Malls, Multiplexes and Hotels, Education and Entertainment in Delhi and NCR and extended tier II and tier III cities, followed by several other potentially lucrative regions of the country. As it expands into different regions in conjunction, the group will be able to meet the aspirations of "B" class cities, informs an official release.

Latest Reads
Bathsense launches new campaign with Rajkumar Rao

Bathsense is a creation from Asian Paints, and represents the brand’s first complete bathrooms offering in the bath category. Bathsense is a collection of exemplary bath fittings and sanitaryware products that aims to simplify the user’s bathroom life with a host of truly unique features. Coming...

MAM Media and Advertising Ad Campaigns
Gillette launches new MACH3 START with Hardik Pandya

Joining the MACH3 Turbo and MACH3 original is Gillette’s newest launch - the MACH3 START. Marking the 20th birthday of MACH3, Gillette has specially designed this new razor with its first-ever 360° aqua-grip handle which entails the understanding of the needs and the problems of younger guys who...

MAM Marketing Brands
Reliance Jewels launches digital campaign for Diwali

With the arrival of festive season, Reliance Jewels has geared up with exceptional Dhamaka offers along with a string of services and benefits for the festive shopper. In addition to discounts, Reliance Jewels is also celebrating the joy of ‘Jab Dil Chahe Diwali Moment’ with its latest digital...

MAM Media and Advertising Ad Campaigns
Barbie's new campaign says 'You can be anything'

The iconic doll brand from the house of Mattel - Barbie, has release a campaign video in India called, 'You Can Be Anything,’ to inspire young girls in India to dream beyond limitations. The campaign celebrates the significance for young girls to have positive, strong role models that inspire them...

MAM Media and Advertising Ad Campaigns
Foodpanda acquires Holachef

Food delivery company Foodpanda, India’s fastest growing today announced its acquisition of Mumbai-based food-tech venture Holachef. Through this collaboration, Foodpanda marks its strategic entry into cloud kitchens and plans to launch its own brand of food products in different categories.

MAM Marketing Brands
Amazon Echo says experience everyday magic in new campaign

In today’s world, where people are worried that the growth of technology is drawing them apart, Amazon Echo’s new campaign aims to bring Indian families together with its smart speaker technology. The campaign stitches together an Indian family’s everyday situations that lead to small moments of...

MAM Media and Advertising Ad Campaigns
Ajmal Perfumes partners with Parcos

Global home-grown perfume house, Ajmal Perfumes has entered into a strategic association with one of the leading perfume and cosmetics retailer, Parcos.

MAM Marketing Brands
KFC hands over digital mandate to iProspect

iProspect India, the digital agency from Dentsu Aegis Network, has bagged the SEO, paid media and digital business for KFC India, an American fast food restaurant chain. The account will be handled from the agency’s Delhi office.

MAM Media and Advertising Account
KOSH Oats launches Roti Donation Drive on World Food Day

KOSH Oats by Future Consumers announces ‘Roti Donation Drive’ a special initiative which starts on World Food Day.

MAM Marketing MAM

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories