Kochi : Prof. K V Thomas Vidhyadhanam Trust, which has been supporting needy students of Ernakulam, Kerala with scholarships for the last 9 years, has teamed up with Kalpesh Kinariwala, the founder of Pantheon Real Estate Development, a Dubai-based affordable luxury real estate development company, Pantheon Real Estate Development, to give away scholarships to yet another 500 students in the state. Speaking on the development, Prof. K V Thomas, former Union Minister, and the trustee of Vidhyadhananam Trust, said the third lot of scholarships in the project named `Building Foundations for a Brighter Future’ will be presented at a function to be held in Kunnukara, Kochi on Saturday. The function will be attended by Prof K V Thomas, P Rajeev, Minister of Industries and Mr. Kalpesh Kinariwala among others.
Prof. Thomas said the scheme was activated on September 9, 2023, and it will be spread across three phases. Prof. Thomas added that, in phases, the scheme aims at supporting the education of 3,000 students. “It is for students of class 10th and 12th who have secured A+ in all subjects in their current academic year from government and aided schools in Ernakulam Parliamentary Constituency,” he said.
“We believe that supporting bright young students, who are the future pillars of tomorrow, is a noble and passionate cause, and we are honored to be provided with this opportunity. For Pantheon Development, this CSR project marks a transformative journey in helping build and enhance the foundations for education that will empower young children to shape their future,” said Kalpesh Kinariwala.
He said the initiative is in sync with Pantheon’s corporate mission of enabling the future - extending it from building quality real estate assets to excellence in education. “Our commitment through this CSR is to contribute to the enrichment of students and create a positive ripple in the society. Our vision envelopes the larger cause of supporting an empowered future – be it through building homes or offices, or through supporting such noble causes,” said,” Kalpesh Kinariwala.
About Vidhyadhanam Trust:
Established in 2004 as a goodwill initiative, Prof. K. V. Thomas Vidhadhanam Trust has grown into a charitable movement that nourishes underprivileged children through knowledge driven assistance with a host of unique projects.
Vidyadhanam: Project conceived to recognize 10th and 12th standard students who secure A+ in all subjects in the public examination by granting a scholarship of Rs.1000/- per student every year. So far about 8500 students have been given the scholarship.
About Pantheon Real Estate Development:
Pantheon Real Estate Development is a rapidly growing real estate entity in Dubai with focus on creating affordable luxury residential properties. In 2019, it won the “Best affordable luxury property.” For Pantheon Development and Kalpesh Kinariwala, this award is not just a recognition but a validation of the commitment to affordable luxury. It sets the benchmark for what the company aims to achieve in every project. The award has further inspired Pantheon to continue pursuing excellence and focusing on more and more projects. As a thought leader in Dubai’s realty space, Pantheon’s Kalpesh Kinariwala has also been vocal about the challenges of real estate financing. His approach involves meticulous planning and exploring multiple funding avenues, including non-banking financial companies, to ensure the viability and success of each project.
