India’s real estate industry is making significant strides towards eco-friendliness, with the Confederation of Real Estate Developers Association of India (CREDAI) announcing the development of over 55 green projects across the country. The efforts are in line with the norms of the Indian Green Building Council (IGBC), with CREDAI seeking concessional interest rates to encourage its members to undertake further environmental initiatives. These projects are a part of CREDAI’s commitment towards developing 4,000 green projects by 2030 and are expected to have a transformative impact on the construction sector. The association is urging states to establish standard national policy frameworks promoting the adoption of green building practices.
CREDAI Members Undertake 55 Green Projects as per IGBC Norms
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