Browsing Tag

Sustainability

17 posts

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.
Investment in Indian real estate

Indian Real Estate Set for Breakthrough: Projected 16% Annual Growth to Reach $10 Trillion by 2047

A new report by Colliers and CREDAI forecasts that India’s real estate market will grow at an annual rate of 16%, reaching a value of $10 trillion by 2047. Driven by urbanization, demographic shifts, and infrastructure development, this growth will reshape various real estate sectors and create new investment opportunities.
Green buildings

India Reaffirms Commitment to Sustainable Development During World Green Building Week

India celebrates World Green Building Week 2024 with a renewed focus on sustainability through CII-IGBC’s initiatives. The campaign, #BuildingTheTransition, emphasizes reducing energy use, transitioning to low-carbon electricity, and adapting infrastructure to climate change. Key activities include webinars, waste management sessions, and student chapter launches to promote sustainable building practices.
North India's rental deal pic credit Advant India website

For the First Time India Achieved Top 10 Global Rank for Real Estate Transparency

India has made history by entering the top 10 in JLL’s Global Real Estate Transparency Index (GRETI) 2024. This achievement reflects the country’s progress in financial regulation, climate risk disclosure, and streamlined building regulations. Despite notable improvements, India faces challenges in dispute resolution and data access.
green commercial

Urban Development Ministry Unveils Updated Guidelines for Green Building Certifications

New Delhi, August 28, 2024 — The Ministry of Urban Development has…