India ranks third among the top 10 countries for LEED green building
Real Estate

India ranks third among the top 10 countries for LEED green building

India has been rated third in the world by the  US Green Building Council (USGBC) in its annual list of the top 10 nations and regions for LEED in 2021. The list recognises countries and regions outside of the US that are making substantial progress in building design, construction, and op...

India has been rated third in the world by the  US Green Building Council (USGBC) in its annual list of the top 10 nations and regions for LEED in 2021. The list recognises countries and regions outside of the US that are making substantial progress in building design, construction, and operations that are healthy, sustainable, and resilient. In total, India has 146 LEED certified buildings and spaces, totalling almost 2.8 million gross area sq m (GSM) of space. From 2020, there will be a nearly 10 per cent growth in LEED certified spaces in India.The country has been ranked third on the list, behind China, which has over 14 million GSM, and Canada, which has over 3.2 million GSM certified. India has continuously ranked among the top three countries, demonstrating the country’s growing desire for LEED certification as a means of reducing emissions, reducing environmental impact, and supporting health and well-being. Green Business Certification Inc (GBCI) administers LEED in India, and has been working tirelessly to accelerate the uptake of green buildings across the country. India has 1,649 LEED-certified buildings with a total area of 46.2 million GSM.Commenting on this achievement, Dr Mala Singh, Founder & Director, PEC Greening India, says, “India has been making good progress in leading the green building movement. What started with one green building in 2001 has led to more than 8 billion sq ft of green construction footprint, with most of them being certified green. India's rating at the third position is a result of the coming together of all stakeholders, be it companies abiding by sustainable policies as well as the government policy intervention and also the developers being passionate about considering green building as an integral part of their construction and methodology. Although we have started this initiative early, it is still a long way and we are approaching it with the right perspective.”

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Real Estate

Varun Malik Joins ANAROCK as MD, Head of Capital Markets, APAC

ANAROCK Capital has appointed Varun Malik as Managing Director, Head of Capital Markets (APAC), marking a strategic move to expand its presence across Asia-Pacific. Based in Singapore, Malik will drive ANAROCK’s capital markets initiatives in the region.A real estate finance veteran, Malik brings over 18 years of experience in structuring complex cross-border transactions across South-East Asia and Australia. He has led debt and equity deals for REITs, fund managers, and developers, delivering strong returns and driving investor value.“We will redefine real estate capital solutions across ..

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Real Estate

Patra Chawl lottery held, 663 families allotted homes

Mumbai's Siddharth Nagar (Patra Chawl) Co-operative Housing Society members in Goregaon (West) saw their 15-year wait come to a close as MHADA conducted a successful computerised lottery for 663 eligible members under its redevelopment scheme.The Mumbai Housing and Area Development Board conducted the draw using the RAT (Randomised Allotment of Tenement) system at Sardar Vallabhbhai Patel Hall. The lottery, overseen by Mr. Milind Borikar, Chief Officer of Mumbai Board, ensured transparency by digitally allotting each member a building, wing, and floor.The project, located on Plot R-9, received..

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Infrastructure Transport

BLR Airport crosses 41 million passengers, 500,000 MT cargo

Kempegowda International Airport, Bengaluru (BLR Airport), has recorded key operational milestones in FY 2024-25, crossing 41.88 million passengers and handling 502,480 metric tonnes of cargo. This marks a year-on-year passenger growth of 11.6 per cent and a 14 per cent rise in cargo volumes.Domestic footfall reached 36.05 million, up 10 per cent, while international traffic saw a robust 25 per cent jump to 5.83 million, aided by Indigo’s global expansion and added frequencies by international carriers. BLR Airport now connects to 76 domestic and 33 international destinations, with Hanoi set..

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