PNN

New Delhi [India], June 19: Mangalore University has conferred an honorary doctorate on K Prakash Shetty, founder chairman of MRG Group, a leader in the real estate and hospitality sectors, for his significant contributions to the society.

Shetty was awarded the degree by Karnataka Governor Thawar Chand Gehlot during the 42nd annual convocation of Mangalore University on Saturday, June 15. Director General of Research and Information System for Developing Countries, Karnataka, Prof. Notable personalities including Sachin Chaturvedi participated. Higher Education Minister and Pro-Chancellor of Mangalore University MC Sudhakar, and University Vice-Chancellor Prof. PL Dharma.

Shetty commented on receiving the degree, "I am honored and humbled to receive this honorary doctorate.I express my heartfelt gratitude to Mangalore University and its authorities for this inspiring honour.”

Shetty is an accomplished leader with a successful track record of over 30 years in the hospitality sector. He launched his first venture, Banjara (where? Udupi??) in 1993, and has not looked back since. Today, the MRG Group spans luxury boutique hotels, fine dining restaurants and real estate ventures.

Shetty is also known for her commitment to social work and has received prestigious awards such as the Kannada Rajyotsava Award and the Bharat Gaurav Ratna Award.Apart from his business success, Shetty is also known for his deep commitment to giving back to the society and supports many projects related to healthcare and education.

MRG Group currently operates hotels under its flagship brand Goldfinch Hotels & Resorts in cities such as Bengaluru, Mangalore, Mumbai and New Delhi. Its upcoming projects include hotels in Goa, Sakleshpur, Chikmagalur, Chennai, Hyderabad, Pune and Pondicherry under the Marriott, DoubleTree by Hilton and JW Marriott brand names. The group is also a major player in the real estate sector with landmark projects in Bengaluru. It aims to emerge as a national player in the luxury residential sector.