The National Real Estate Development Council (Naredco) has signed a Memorandum of Understanding with the Indian Green Building Council (IGBC) to facilitate India’s growth as a global leader in green buildings and green built environment.
IGBC is a part of the Confederation of Indian Industry (CII). The council holistically evaluates how a green building is and accordingly rates the builder either as IGBC Platinum/ Gold / Silver certified.
The MoU was signed by Rajesh Goel, Director General, Naredco and KS Venkatagiri, Executive Director, CII – Sohrabji Godrej Green Business Centre, through video conferencing on October 7. Niranjan Hiranandani, National President, Naredco, V Suresh, Chairman, IGBC, Ranjan N Bandelkar, Vice-President–West, Naredco, and Gurmit Singh Arora, Vice-Chair, IGBC, were also present during the signing ceremony.
Hiranandani said, “The objective of the MoU is to exchange information on the latest developments in our respective fields that are of common interest such as information on green buildings, sustainable construction techniques and green materials and jointly work, in particular to benefit the real estate sector.”
Suresh said “Naredco’s service to the nation in building habitats of all forms is unparalleled. India has been a global leader in the green buildings’ movement over the last two decades, with over 7.61 billion sq.ft. of green footprint, spanning buildings of all asset classes of the built environment. The contribution of developers on the green journey has been phenomenal. This formal engagement with Naredco will help advance the National Green Building Movement.”