Nexus Select Malls adopts 10 lakes, on track to meet ESG Goals FY 24-25
Launched in 2021, Nexus Select Malls set an ambitious goal to rejuvenate 10 lakes as part of its initiative. So far, the company has successfully revitalized eight lakes in Bengaluru, Chennai, and Maharashtra. Today, they performed Bhoomi Puja for two upcoming projects in Hyderabad.
Published Date - 16 November 2024, 06:41 PM
Hyderabad: Nexus Select Malls has announced the adoption of two lakes – Gurunath Cheruvu Lake and Khaidama Lake – as part of its ‘Lakes of Happyness’ initiative, reinforcing their commitment to environmental sustainability.
As part of the initiative, which was started in 2021, Nexus Select Malls set an ambitious goal to rejuvenate 10 lakes. To date, the company has successfully revitalized eight lakes across Bengaluru, Chennai, and Maharashtra, with two additional projects in Hyderabad for which Bhoomi Puja was done today.
With these new additions, the ‘Lakes of Happyness’ initiative will now encompass 10 lakes, positively impacting over 1,00,000 people, local flora and fauna, farmers and creating local job opportunities.
The rejuvenation of two lakes – Gurunath Cheruvu Lake and Khaidama Lake – in Hyderabad, each covering 19 acres, is in partnership with the Maligavad Foundation. This is Nexus Select Mall’s largest lake rejuvenation project to date, dedicated to enhancing water quality, promoting biodiversity, and supporting the well-being of surrounding communities, a press release said.