NAREDCO, IGBC & CII assures of steps for green realty
Real Estate

NAREDCO, IGBC & CII assures of steps for green realty

As climate concerns take centre stage globally amid the pandemic, the National Real Estate Development Council (NAREDCO) has assured to take steps towards creating awareness and adoption of green buildings across the country.

During a webinar on ‘India’s Leadership Role in Advancing Green Buildings’ jointly organised by National Real Estate Development Council (NAREDCO), Confederation of Indian Industries (CII) and Indian Green Building Council (IGBC), the apex bodies noted that the industry body and associated developers are firm believers of sustainable development.

NAREDCO, IGBC & CII noted that although the cost of green buildings is marginally higher, it is in greater good to go green. Further, it was of the view that India, which is now third globally in terms of green buildings after China and Canada, may well turn number one by 2022.

Addressing the webinar Dr. Surendra Kumar Bagde, Additional Secretary, Ministry of Housing and Urban Affairs, Government of India, who was the Chief Guest, stressed that a campaign should be run under the aegis of NAREDCO to spread awareness about the marginal cost difference between green and conventional buildings and the formers benefits.

He also said that all the required laws and regulations are in place to help developers construct green buildings. The official, however, noted that it needs to be seen whether cities in specific are adopting the norms to support growth of green buildings.

Rajeev Talwar, Chairman, NAREDCO, spoke for more and more greenery in cities. In many urban agglomerations it may not be possible, but the more vertical we go, the greater the chance that we can go green,”.

“Now city forests are a part of life and that’s where the government can step in,” he added.

On the energy conservation and greener steps by the industry as a whole, he said that not only rain water harvesting, water recycling should also be taken up expeditiously. Mr. Talwar said that its time mass transport moves towards electricity.

Responding to the call by Additional Secretary Dr. Bagde for a campaign for green buildings, Rajan Bandelkar, Vice President-West, NAREDCO, said that the realtors’ body NAREDCO has already signed a Memorandum of Understanding with IGBC. To start the initiative this is the first webinar to support the green buildings”. On the goal of NAREDCO towards green realty, the Vice President assured that the premier body of developers will provide all support towards this cause and assist the government with relevant data and research.

V. Suresh, Chairman, IGBC, underlined the significance of the various policy interventions of Govt of India and exuded confidence that the journey from green buildings to green built-environment will help India shift gears in its journey of becoming a leader in the green building movement.

Gurmit Singh Arora, Vice Chairman, IGBC, noted that India has been a global leader in the green buildings movement over the last two decades, with over 7.83 billion square feet of green footprint. “The contribution of all the stakeholders including government, developers and builders in the green journey has been phenomenal,” he added.

Among others who were present at the webinar were Sanjay Dutt, Sr. Vice President, NAREDCO Maharashtra and Managing Director, Tata Housing, Ravi Raheja, Group President of K Raheja Corp, Kishore Bhatija, Vice President, NAREDCO Maharashtra and Dr Chandrashekar Hariharan, Senior Fellow & National Executive Member CII IGBC.


Image source

As climate concerns take centre stage globally amid the pandemic, the National Real Estate Development Council (NAREDCO) has assured to take steps towards creating awareness and adoption of green buildings across the country. During a webinar on ‘India’s Leadership Role in Advancing Green Buildings’ jointly organised by National Real Estate Development Council (NAREDCO), Confederation of Indian Industries (CII) and Indian Green Building Council (IGBC), the apex bodies noted that the industry body and associated developers are firm believers of sustainable development. NAREDCO, IGBC & CII noted that although the cost of green buildings is marginally higher, it is in greater good to go green. Further, it was of the view that India, which is now third globally in terms of green buildings after China and Canada, may well turn number one by 2022. Addressing the webinar Dr. Surendra Kumar Bagde, Additional Secretary, Ministry of Housing and Urban Affairs, Government of India, who was the Chief Guest, stressed that a campaign should be run under the aegis of NAREDCO to spread awareness about the marginal cost difference between green and conventional buildings and the formers benefits. He also said that all the required laws and regulations are in place to help developers construct green buildings. The official, however, noted that it needs to be seen whether cities in specific are adopting the norms to support growth of green buildings. Rajeev Talwar, Chairman, NAREDCO, spoke for more and more greenery in cities. In many urban agglomerations it may not be possible, but the more vertical we go, the greater the chance that we can go green,”. “Now city forests are a part of life and that’s where the government can step in,” he added. On the energy conservation and greener steps by the industry as a whole, he said that not only rain water harvesting, water recycling should also be taken up expeditiously. Mr. Talwar said that its time mass transport moves towards electricity. Responding to the call by Additional Secretary Dr. Bagde for a campaign for green buildings, Rajan Bandelkar, Vice President-West, NAREDCO, said that the realtors’ body NAREDCO has already signed a Memorandum of Understanding with IGBC. To start the initiative this is the first webinar to support the green buildings”. On the goal of NAREDCO towards green realty, the Vice President assured that the premier body of developers will provide all support towards this cause and assist the government with relevant data and research. V. Suresh, Chairman, IGBC, underlined the significance of the various policy interventions of Govt of India and exuded confidence that the journey from green buildings to green built-environment will help India shift gears in its journey of becoming a leader in the green building movement. Gurmit Singh Arora, Vice Chairman, IGBC, noted that India has been a global leader in the green buildings movement over the last two decades, with over 7.83 billion square feet of green footprint. “The contribution of all the stakeholders including government, developers and builders in the green journey has been phenomenal,” he added. Among others who were present at the webinar were Sanjay Dutt, Sr. Vice President, NAREDCO Maharashtra and Managing Director, Tata Housing, Ravi Raheja, Group President of K Raheja Corp, Kishore Bhatija, Vice President, NAREDCO Maharashtra and Dr Chandrashekar Hariharan, Senior Fellow & National Executive Member CII IGBC. Image source

Next Story
Equipment

Mecbo America Launches Scorpion Concrete Crawler Boom

Mecbo America, a division of Blastcrete Equipment LLC, brings a new product to its lineup: the Scorpion Concrete Crawler Boom. The Scorpion provides contractors working in piling, drilling, tunneling or commercial construction with a flexible arm for placing concrete where needed without disrupting the jobsite. It is an economical enhancement for contractors who have a concrete pump but need an effective way to deftly move material to spots that are difficult or unsafe to reach using other methods. “As concrete contractors grow and the scope of their work changes, many recognize the need fo..

Next Story
Real Estate

Cluster Redevelopment and Affordable Housing to shape Mumbai’s Future

The Government of Maharashtra is accelerating efforts to expand affordable housing, with a focus on large-scale development under the MMR Growth Hub Project. As part of this initiative, the Maharashtra Housing and Area Development Authority (MHADA) will construct eight lakh homes by 2030, in alignment with NITI Aayog’s recommendations. This announcement was made today by Deputy Chief Minister and Housing Minister Eknath Shinde, who emphasized the government’s commitment to providing high-quality, affordable homes to citizens. The computerised housing lottery, organised by the MHADA Konkan..

Next Story
Infrastructure Urban

Cummins Reports Strong Fourth Quarter

The Board of Directors of Cummins India Limited (CIL), at their meeting reviewed, and approved the unaudited financial results for the quarter and period ended December 31, 2024. Performance Highlights (based on standalone unaudited financial results) for the quarter ended December 31, 2024: - Total Sales for the quarter at Rs 30.41 billion higher by 22 per cent compared to the same quarter last year and higher by 24 per cent compared to the previous quarter. - Domestic sales at Rs 25.77 billion higher by 18 per cent compared to the same quarter last year and higher by 28 per cent compared t..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?