Paving the Way for a Sustainable Future, One Green Building at a TimeBy Mahesh Prabhu, Chief Executive Officer of Century Real Estate Holdings

In a rapidly urbanizing world, the role of real estate in fostering sustainable environments is crucial. Mahesh Prabhu, CEO of Century Real Estate Holdings, highlights the significant increase in green-certified office space leasing, with 13 million sq. ft rented in the top six Indian cities in Q2 2024. This trend underscores the growing importance of Environmental, Social, and Governance (ESG) principles in real estate development, as companies prioritize energy efficiency, water conservation, and the integration of green spaces to meet the challenges of climate change.

Brookfield Properties Secures Renewable Energy from Bikaner Solar Project,

Brookfield Properties has taken a major step toward sustainability by securing renewable energy from its Bikaner Solar Power Project. This partnership provides 40% of the energy needs for its Delhi NCR portfolio and aims for a complete transition to green power by 2027, significantly reducing carbon emissions and supporting tenants’ sustainability goals.

CapitaLand India Trust Achieves 5-Star Rating in 2024 GRESB Real Estate Assessment

CapitaLand India Trust has earned a 5-star rating in the 2024 GRESB Real Estate Assessment, placing it among the top 20% globally. This achievement underscores its commitment to sustainability and responsible business practices, with a focus on reducing carbon emissions and increasing the use of renewable energy.

Government Launches Five Solar Parks to Enhance Renewable Energy in Maharashtra

The government has dedicated five new solar parks in Maharashtra, totaling 19 MW of capacity. This initiative aims to enhance renewable energy access, provide daytime electricity, and create additional income opportunities for farmers, all while promoting sustainable development in the region.

Interarch Building Products Limited Acquires Land in Gujarat for New Manufacturing Facility

Interarch Building Products Limited has acquired 51,926 square meters of land in Gujarat for INR 7 crore, marking a significant step in its expansion strategy within the Pre-Engineered Building (PEB) industry. This new facility aims to enhance production capacity and cater to the growing demand for high-quality building solutions in key markets, particularly in Western India. Managing Director Arvind Nanda emphasized the importance of this investment for boosting operational capabilities and delivering customer satisfaction.