CSR Policy

At Mayfair Housing Private Limited, we are committed to good, green and affordable housing for our customer. Mayfair believes in integrating its business values and operations to meet the expectations of its stakeholders. Our Corporate Social Responsibility (CSR) initiatives actively work towards ensuring environmental sustainability and promotion of physical, moral and spiritual wellbeing of people in our society. Over and above normal course of business, policy focuses on addressing critical social, environmental needs of the society.

This CSR Policy shall operate as the Corporate Social Responsibility Policy of the Company for the purposes of Section 135 of the Companies Act, 2013 and the rules made thereunder.

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Our Vision:

Our Mission:

Our Values:

Applicability Of the Policy:

The Company’s CSR Policy has been developed in conformity with the provisions of Section 135 of the Companies Act, 2013 (referred to as the Act in this Policy) and in accordance with the CSR Rules (hereby referred to as the Rules) notified by the Ministry of Corporate Affairs, Government of India.

CSR Activities:

The CSR activities we purse will be in line with our stated Vision and Mission, focused not just around our sites and offices, but also in other geographies based on the needs of the communities.

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In addition, Company shall invest in the following areas for Community Development as per CSR Rules:

Qualifications and Exclusions

Responsibilities of Board

Budget for CSR Activity& CSR Expenses

Treatment of Surplus

The CSR activities we purse will be in line with our stated Vision and Mission, focused not just around our sites and offices, but also in other geographies based on the needs of the communities.

The corpus of the CSR policy includes:

Activities undertaken in the normal course of business will not be a part of CSR activities.

CSR Committee:

In terms of the provision of section 135 sub section (9) of the Companies Act,2013 and any other applicable provisions of companies act 2013 and rule thereunder, the requirement for constitution of corporate Social Responsibility committee shall not be applicable to the company, in such cases the function of CSR committee will be discharged by the board of directors of Mayfair housing Pvt Ltd.

At Mayfair, our CSR governance will be headed by the Board of Directors of Mayfair Housing Private Limited and that will be ultimately responsible for the CSR Projects undertaken.

Mayfair is committed to ensuring the social wellbeing of the communities in the vicinity of its projects and business operations through Corporate Social Responsibility initiatives.

The Board must institute a transparent monitoring mechanism for implementation of the CSR Project, programs or activities undertaken by the Company

Responsibilities of Board:

CSR Reporting:

As per the provisions of the Act, the Policy shall be disclosed on the website of the Company and the web link of the policy to be given in the Board’s Report.

Disclosure:

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