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Business EconomyPosted at: Oct 7 2020 7:05PM


CII – IGBC signs MoU with NAREDCO to accelerate Green Building movement in India

Hyderabad, Oct 7 (UNI) The Confederation of Indian Industry’s Indian Green Building Council (CII – IGBC) on Wednesday signed a memorandum of understanding (MoU) with the National Real Estate Development Council (NAREDCO) to accelerate the green buildings movement in India.

The new partnership will enable networking, capacity building, and sharing of information between the two premier councils and facilitate India's Growth As a global leader in green buildings and green built environment.

The MoU was signed by Mr Rajesh Goel, Director General, NAREDCO and Mr K S Venkatagiri, Executive Director, CII – Sohrabji Godrej Green Business Centre, in the presence of Dr Niranjan Hiranandani, President, NAREDCO, Mr V Suresh, Chairman, IGBC, Mr Ranjan N Bandelkar, Vice President–West, NAREDCO, and Mr Gurmit Singh Arora, Vice-Chair, IGBC.

Speaking on the occasion, Mr 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 and builders on the green journey has been phenomenal. Today’s formal engagement with NAREDCO will help advance the National green building movement”, he said.

Dr Niranjan Hiranandani said that CII– IGBC has been at the forefront of facilitating green buildings that encompass every sector. He spoke about the various initiatives taken up by NAREDCO in solid waste management, recycling and Housing for All’. “NAREDCO, being the nodal body for real estate, is committed to driving infrastructure, a vital engine in a nation’s development, he said.

He emphasised the need for introducing green aspects in Affordable housing and slum rehabilitation with a focus on structural aspects also.

Mr Gurmit Singh Arora underlined the significance of the new collaboration between IGBC and NAREDCO. It will go a long way in advancing the cause of green buildings and infrastructure sustainability. “I am confident that the MoU will help India shift gears in its journey of becoming a leader in the green building movement,” he said.
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