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MARG LIMITED SIGNS MOU WITH CHINMAYA MISSION
~ To establish Chinmaya Vidyalaya at MARG Vishwashakthi ~

Chennai, March 18, 2010: MARG Limited, India's leading diversified infrastructure development company, today joined hands with Chinmaya Mission, a global organization with over 300 centres round the world engaged in spiritual,educational and social services, to perform the Bhoomi Pooja of Chinmaya Vidyalaya at MARG Vishwashakthi, the first-ever integrated township project at Tirupathi, in Andhra Pradesh. The foundation stone for the school was laid at the auspicious hands of Swami Mitrananda, Acharya of Chinmaya Mission, Chennai, & Director of the All India Chinmaya Yuva Kendra (AICHYK), in the presence of Mr S Ramakrishnan, CEO, MARG ProperTies, and other key officials of MARG and Chinmaya Mission.

MARG Vishwashakthi, which is strategically located on the Tiruchanoor Bypass Road in Kotramangalam, is the first-ever integrated township project in Tirupathi, spread across 17 acres with 513 Vaastu-compliant homes. This is the first-ever Chinmaya Mission school being established in Tirupathi, which will have a total built-up area of 26,700 sq. ft.

Speaking on the occasion, Mr GRK Reddy, Chairman & Managing Director, MARG Ltd., said, "Children symbolise the future development of a society. Education plays a crucial role in nurturing children, who in turn help create a developed society. A good school is thus considered to be an essential prerequisite for the overall development of a child. We are happy to announce this partnership with Chinmaya Mission, whose schools are renowned for their balanced approach to education and growth. At MARG, we strongly believe in inclusive living, and are confident that this initiative will help in enhancing the lives of the younger generation."

Chinmaya Vidyalaya will be developed in Phases; and Phase I with classes for LKG & UKG will commence in July 2010. The school will have classes from LKG to XII Standard.

Mr Ramakrishnan, CEO, MARG ProperTies, says, "MARG Vishwashakthi is one of our prestigious projects. It's indeed our great pleasure to join hands with Chinmaya Mission. We are very happy to announce that over 70% of Phase I of the project has been sold, which is about 125 apartments."

Says Swami Mitrananda, "Chinmaya Vidyalaya will offer an experience beyond the school activities such as athletics, sports, music, theatre, drama, dance, yoga, martial arts, team games etc. to the children. We are excited to be at Vishwashakthi in creating a unique platform for our endeavour in providing knowledge and instilling self-confidence among tomorrow's youth. Besides striving to achieve a high standard of academic proficiency, we will strive towards holistic growth…physically, psychologically, socially and culturally, for every Chinmaya Vidyalaya student."

The amenities at the school include state of the art classrooms, two computer labs, a library, an auditorium, and three laboratories.

ABOUT CHINMAYA VIDYALAYA

The Chinmaya Education Movement is one of Chinmaya Mission's most valuable contributions to society. From its humble beginnings in 1967 at a nursery school in Kollengode, Kerala (India), the Movement today encompasses over 76 Chinmaya Vidyalayas (schools), 7 Chinmaya colleges, and the Chinmaya International Residential School in India, and the first Chinmaya Vidyalaya outside India's borders, in Trinidad (West Indies).

The Chinmaya Educational Institutions are affiliated to universities and international (International Baccalaureate - IB), central (CBSE, ICSE, etc) or state Boards of Education, guaranteeing high quality education.

They have excellent infrastructure with up-to-date equipment, which enables effective teaching. Schools in the rural areas cater to the needs of the local people.

Inspired Principals, dedicated teachers, supportive management and cooperative parents head these institutions. Chinmaya Vidyalayas are 'schools with a difference' for they have unique holistic vision programmes that create students with a difference.

ABOUT MARG VISHWASHAKTHI

MARG Vishwashakthi, Tirupathi's first integrated township project, is designed to offer world-class amenities and features. The project, which is strategically located on the Tiruchanoor Bypass Road in Kotramangalam and only 7 kms from Tirupathi Town, offers 2 bedroom and 3 bedroom apartments ranging from 1165 sq. ft. to 1462 sq. ft., and include serviced apartments, school, convention centre, club house, gymnasium, jogging tracks, convenience stores, bank & ATM, clinic, unisex beauty parlour, travel agency, shopping complex, coffee shop, crèche, library, mini theatre, children's play area, and extensive landscaped gardens.

The project also boasts of a sprawling Club house spread over 5000 square feet with Gymnasium, Yoga and Meditation room, Swimming pool, badminton court, Table Tennis room and snooker room. MARG Vishwashakthi township project, will all its housing & amenities will be developed in 3 phases. Phase I will be ready by June 2011 and the entire project will be completed by June 2012.

For more information, please log on to http://www.margproperties.com/vishwashakthi.php

ABOUT MARG PROPERTIES

MARG ProperTies, is the umbrella brand for all offerings of MARG Limited in the living spaces/homes segment. MARG ProperTies, as the residential arm of MARG, will offer value enriched homes and build everlasting relationships.

This underlying philosophy reflects in everything that MARG ProperTies does. Right from features like upgrading to a better home, to getting the assured carpet area and even with the simplest things like providing assistance in selecting home furnishings from our exclusive shortlist of associates – the home seekers interests always get high priority.

MARG ProperTies has something to offer for everyone, showcasing a range of living spaces from functional budget apartments to super luxury villas. MARG ProperTies operates with a high degree of transparency and has built reliable ties with architects, financial institutions, vendors, consultants and stakeholders. This enables us to attract global partners and use state-of-the-art technology to consistently deliver the best.

About MARG Limited:

MARG Ltd., is among India's leading diversified infrastructure development companies. Established in 1994, MARG Ltd. is listed on the Bombay Stock Exchange.

Headquartered in Chennai, MARG Limited is promoted by the first-generation entrepreneur Mr. G R K Reddy.

More information is available at www.marggroup.com