NAREDCO MoU with IGBC for Green Buildings
National Real Estate Development Council (NAREDCO) has signed Memorandum of Understanding (MoU) with 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 Confederation of Indian Industry (CII). The c
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Oct 9, 2020 6:16 AM
National Real Estate Development Council (NAREDCO) has signed Memorandum of Understanding (MoU) with 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 Confederation of Indian Industry (CII). The council through its multi-pronged strategy has facilitated India to emerge as the second largest country in terms of the largest green footprint. 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, National President, NAREDCO, Mr V Suresh, Chairman, IGBC, Mr Ranjan N Bandelkar, Vice President–West, NAREDCO, and Mr Gurmit Singh Arora, Vice-Chair, IGBC. This formal engagement with NAREDCO will help advance the National Green Building Movement. Furthermore, the MoU emphasised the need for introducing green aspects in Affordable housing. IGBC and NAREDCO will jointly work with the Ministry of Housing & Urban Affairs (MoHUA) and other relevant ministries and departments to promote Green Affordable Housing in the country. Commenting on the new development Dr Niranjan Hiranandani, National President, NAREDCO 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. Both parties will jointly focus on five major states in India, that is, Haryana, Rajasthan, Telangana, Karnataka and Odisha to carry out green building projects and demonstrate tangible benefits.” Speaking on the association, Mr V Suresh, Chairman, IGBC 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.
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