Categories: Projects

K Raheja Corp Fortifies its Commitment to Green this World Green Building Week (Sept 24-30) in Partnership with GBCI

Holistic plan to sensitize stakeholders on sustainable offices

Mumbai, October 07, 2018: our goal is to create sustainable habitats that will stand the test of time.’ Inspired by this adage, India’s leading real estate developers K Raheja Corp, pioneers in creating green and sustainable workspaces, celebrates one of its core business offering ‘green’, this #WorldGreenBuildingWeek. Under the leadership of Group Chairman Mr. C. L. Raheja, the Company leads the way with 3.91 cr sq ft of green commercial footprint.

As a holistic outreach program multiple initiatives have been earmarked through the week

  • Effective multi-city knowledge series: Hosted across key centers of Mumbai, Pune and Hyderabad, in partnership with the U.S. Green Building Council (USGBC) and Green Business Certification Institute (GBCI). These will focus on merits of selecting green workspaces, and its benefits to employees and businesses.
  • Coffee Table Book: Which showcases the extensive and meticulously created business parks which are centered around green from the site selection, to waste management and from open landscapes to steps taken to save water and power, the book is a glossary for healthy workspaces.
  • Social Media Plan:  Multiple engaging videos have been created for social media, which showcase best practices at the business parks. These will be released across the Company’s social media handles, phased out during the week.

World Green Building Week’ is observed globally and is a platform to deliberate green building practices, and sustainable initiatives that are good for people and business. This annual event motivates and empowers organizations vying to become environmentally and green building friendly. With a mission and commitment to provide a sustainable environment to all its stakeholders, all of K Raheja Corp’s properties in the residential, commercial, retail and hospitality segments are following the green building standards, particularly the LEED rating program, created by USGBC. The green mission has also been in tow with Mr. Chandru Raheja’s vision and the initiative of group president Mr. Ravi Raheja, who formerly chaired the Mumbai chapter of the Indian Green Building Council (IGBC).

Speaking on the initiative, Mr. Shabbir Kanchwala, Sr. Vice President, K Raheja Corp said, “At K Raheja Corp, green workspaces, is part of our very ecosystem and ethos and reflected in each structure we curate. From organizations opting for their first green workplace, to those wanting to take their green practices to the next level, K Raheja Corp has been a valued partner to the ever evolving green needs of discerning corporates, pacing them at every step. Bringing in the expertise, we couldn’t have had a more be-fitting partner than USGBC to reach this message out through the knowledge series.”

Sharing his view on sustainability, Mr. Gopala Krishnan Padmanabhan, Managing Director – APAC & Middle East, Green Business Certificate Institute (GBCI) said, “Sustainability is a way of life and today there is an increasing demand from corporates for sustainable and healthy workspaces. We are happy to partner with K Raheja Corp, who provide such workspaces across their real estate portfolio. With this exercise we hope to raise awareness on simple measures that will help create a better working and living environment.”

Some key highlights

  • K Raheja Corp’s green building footprint stands at 4.57 crore square feet as on Sept. 2018
  • All commercial buildings the Group has constructed, since  signing ofthe MOU in 2007 with the CII-Indian Green Building Council have been LEED certified
  • The green workspaces lead to substantial savings in operating costs for clients as much as 30-40%
  • 31 LEED-certified commercial buildings across the country, and 69 commercial projects registered with LEED rating system by the US Green Building Council.
  • Below is the break-up of the number of commercial buildings and the built up area overall Pan India by K Raheja Corp.
 Commercial LEED (by USGBC) Nos  Built up Area (sq ft) 
Completed / Certified as on date 31 1,24,03,147 cr sq. ft.
Pre Certified 7 43,53,172 L sq. ft.
Ongoing 37 2,23,48,239 cr sq. ft.
Total  75 3,91,04,558 cr sq. ft.

 

 

 

 

 

 

Newsvoir

Recent Posts

GHR Infra Launches ‘2BHK Freedom Offer’ at GHR Callisto

Hyderabad, August 08,2026: GHR Infra has launched the '2BHK Freedom Offer' at GHR Callisto, its IGBC Green Homes…

1 day ago

RBI Holds Repo Rate at 5.25%; Realty Industry Sees Stability as Growth Driver The Reserve Bank of India’s (RBI) decision to maintain the repo rate at 5.25% and retain its ‘neutral’ monetary policy stance in the third bi-monthly Monetary Policy Committee (MPC) meeting of FY27 has elicited a measured response from the real estate industry. While the sector had hoped for a rate cut to further enhance home loan affordability and stimulate housing demand, industry leaders believe the RBI’s decision reflects a balanced approach amid elevated global uncertainties, volatile energy prices, and inflationary concerns. They noted that stable interest rates will continue to support buyer confidence, provide financial predictability for developers, and sustain the momentum witnessed in the residential real estate market. Mr. Kamlesh Thakur, President, NAREDCO Maharashtra “The RBI’s decision to maintain the repo rate at 5.25% while retaining a neutral stance reflects a prudent approach amid global uncertainties and evolving inflation dynamics. While the industry was hopeful of a rate cut, policy stability itself provides confidence to both developers and homebuyers. With borrowing costs remaining unchanged, housing demand is expected to continue its momentum, particularly in the mid-income and premium segments. The upward revision of India’s GDP growth projection to 6.7% underscores the resilience of the domestic economy. Going forward, as inflation moderates in line with the RBI’s expectations, there could be room for a more accommodative monetary policy. A future rate cut would further improve housing affordability, strengthen buyer sentiment, and accelerate investments across the residential and commercial real estate sectors.” Mr. Kaushal Agarwal, Chairman, The Guardians Real Estate Advisory “The RBI’s decision to keep the repo rate unchanged brings continuity and predictability to the market at a time when global geopolitical developments and inflationary pressures continue to create uncertainty. Stable interest rates ensure that home loan EMIs remain broadly unchanged, allowing prospective buyers to make informed purchasing decisions without concerns over rising borrowing costs. The Indian housing market has demonstrated remarkable resilience over the past few years, supported by strong end-user demand, rising incomes, and growing confidence in the economy. With GDP growth projected at 6.7%, we expect housing demand to remain healthy across key micro-markets.” Mr. Shilpin Tater, Managing Director, Superb Realty “The RBI’s decision to maintain the repo rate is a balanced move considering the current global economic environment and domestic inflation outlook. Policy stability is particularly important for the real estate sector as it enables developers to plan projects with greater financial certainty while allowing buyers to benefit from stable lending rates. Demand for quality residential & commercial developments, especially in well-connected urban locations, is expected to remain robust. We remain optimistic that supportive monetary measures in the future could further strengthen investment activity.” Ms. Shraddha Kedia-Agarwal, Director, Transcon Developers “The RBI has adopted a measured and responsible approach by maintaining the repo rate while closely monitoring inflationary trends and global developments. Although a rate cut would have enhanced affordability for homebuyers, the decision to maintain stability provides confidence to both consumers and developers in an uncertain macroeconomic environment. The premium and luxury housing segments continue to witness healthy demand driven by aspirational buyers and strong wealth creation, while the broader residential market remains supported by genuine end-user demand. Stable financing costs, coupled with India’s improving growth outlook, should sustain market momentum.” Mr. Dhruman Shah, Promoter, Ariha Group “The RBI’s decision to keep the repo rate unchanged reflects its focus on balancing growth with inflation management amidst ongoing global uncertainties. For the real estate sector, policy continuity is a positive outcome as it preserves financial stability and ensures that financing conditions remain predictable for both developers and homebuyers. Stable interest rates, combined with sustained infrastructure investments and urbanization, will continue to support residential sales.”

New  Delhi, August 05, 2026: The Reserve Bank of India's (RBI) decision to maintain the…

4 days ago

Alumil India Designs State-Of-The-Art Fenestration  Solutions For Nagpur’s Landmark High-Rise Residential Project

Mumbai, August 04, 2026: Alumil India, the fully-owned Indian subsidiary of Alumil Group, has successfully executed its…

5 days ago

Pichwai Art for Contemporary Walls by WallKalakar’s

New Delhi, July 31, 2026: Led by Wallpaper Designer T.C. Mathur, WallKalakar's latest Pichwai Collection…

1 week ago

Nominations Invited for Adoni Lifetime Achievement Awards 2026

Hyderabad, July 13, 2026: The Khazi India Foundation has formally invited nominations for the prestigious…

4 weeks ago

CREDAI Pune Launches Site Safety Audit Initiative to Strengthen Construction Site Safety

Maharashtra, July 06, 2026: Reinforcing its commitment to worker welfare and responsible construction practices, CREDAI Pune,…

1 month ago