CREDAI pledges to construct 4,000 green projects by 2030

Hyderabad: India’s leading real estate body, Confederation of Real Estate Developers Association of India (CREDAI) announced a nation-wide partnership with Indian Green Building Council (IGBC), on the landmark occasion of CREDAI’s investiture ceremony which witnessed Boman Irani becoming the new president of CREDAI National for the term 2023-25.

Under the association with IGBC, CREDAI pledges to build over 1,000 Certified Green Projects in the next 2 years across India, and 4,000 projects by 2030, through adoption of IGBC Green & Net Zero building ratings. This will mean an addition of over 4 lakh housing units in the green development category across the country. These projects will be certified by IGBC and will usher in a new era of green development, inspiring thousands of real estate developers as CREDAI spearheads a nation-wide Green Building movement.

CREDAI’s partnership with IGBC, known for setting industry standards for sustainable development across India, will allow the necessary know-how and strengthen capabilities of CREDAI developers to ‘Build Better’. As an extension to meeting CREDAI’s goal of reducing carbon footprint by 2030 and achieving carbon neutrality by 2050, this will provide an impetus towards charting a roadmap for the same and aligns CREDAI to our country’s vision of reaching Net Zero by 2070.