CREDAI Pune and BCA International Forge Strategic Partnership for Sustainable Real Estate
Pune, 10th September 2025: CREDAI Pune has entered into a strategic partnership with BCA International, Singapore, to advance sustainable and innovative building practices in India's real estate sector.
Credai PuneBca InternationalReal EstateSustainable BuildingGreen CertificationReal Estate PuneSep 10, 2025
The MoU was signed against the backdrop of an 80-member delegation from CREDAI Pune’s CIBF, which undertook a study tour in Singapore to engage with developers, architects, construction companies, policymakers, and government officials and learn from their world-class real estate practices for adaptation in India. On this occasion, the Indian High Commissioner to Singapore, Dr. Shilpak Ambule, addressed the delegation, emphasizing the importance of strengthening ties and fostering collaboration in the real estate sector. He said, “A lot of Singaporean companies want to invest in India, especially Pune, and we at the High Commission will be happy to facilitate.”
Under this strategic partnership, both organizations will collaborate to:
Green Certification: Facilitate BCA Green Mark certifications for CREDAI members’ projects in India, promoting Super Low Energy Buildings (SLEB) and advancing Net Zero ambitions.
Knowledge Sharing & Training: Deliver customized training programs, site visits, and best practice exchanges focused on green building standards, construction quality, and advanced construction techniques.
Networking Opportunities: Foster business collaborations and regional networking through platforms such as the annual International Built Environment Week in Singapore.
Technology Adoption: Enable Singapore-based firms to partner with CREDAI members on sustainable, innovative, and smart building solutions in India.
Centre of Excellence: Support the development of a Centre of Excellence by CREDAI Pune, promoting cutting-edge construction technologies and industry-leading solutions for the built environment sector.
The Confederation of Real Estate Developers’ Associations of India (CREDAI) Pune took a visionary leap in 2013 by founding the CREDAI International Business Forum (CIBF), a pioneering initiative aimed at advancing Pune’s real estate sector through local and global collaborations. Established as a strategic platform, CIBF fosters meaningful engagement between Indian developers and international companies, consultants, policymakers, government officials, and innovators—facilitating joint study, research, and the exchange of best practices to adopt and implement advanced construction technologies, sustainable development models, and effective urban planning strategies.
This year’s study tour in Singapore featured insightful site visits and high-level meetings with policymakers, government representatives, and leaders in Singapore’s public housing and urban development sector, including the Urban Redevelopment Authority (URA), Housing & Development Board (HDB), Building and Construction Authority (BCA), as well as numerous prominent architects and consultants. These interactions fostered valuable networking opportunities and offered practical insights for the CREDAI Pune delegation, enabling the adaptation of Singapore’s world-class practices—such as prefab technology for faster construction, green integration for sustainability, smart zoning for enhanced livability, as well as advanced urban planning and construction safety measures—into the Indian real estate sector. The experiential learning and knowledge exchange are expected to strengthen CREDAI’s ability to innovate and respond effectively to evolving regulations and market demands.
The Building and Construction Authority (BCA) of Singapore plays a key role in driving safe, sustainable, and innovative real estate development. As a statutory board under the Ministry of National Development, it bridges government policy and industry practice. BCA implements forward-looking regulations like the Green Mark Scheme and smart zoning to promote advanced, eco-friendly construction and serves as a vital partner for developers, providing expertise, frameworks, and guidance for high-quality, future-ready projects. The MOU with CREDAI further reinforces BCA’s commitment to sharing its expertise and supporting the growth of sustainable, innovative real estate practices in India.
Speaking on the occasion, Manish Jain, President, CREDAI Pune, said, “This collaboration marks a significant step towards CREDAI Pune’s vision of promoting sustainability, innovation, and global best practices in construction. Partnering with BCAI will help our members adopt international benchmarks and move closer to India’s Net Zero commitments.”
Heng Teck Thai, Executive Director, BCA International Pte Ltd, added, “We are delighted to partner with CREDAI Pune. Together, we aim to empower the Indian construction sector with Singapore’s expertise in green and smart building practices and foster cross-border opportunities that benefit both ecosystems.”
The CIBF delegation was led by Manish Jain, President of CREDAI Pune, along with Vice Presidents Arvind Jain, Nitin Nyati, and Vinod Chandwani. The 2025 CIBF Working Committee members – Hiren Parmar, Ketan Ruikar, Puneet Oswal, Ishan Magar, Vishal Jumani, and Mohnish Agarwal were also part of the delegation.
Frequently Asked Questions
What is the main goal of the partnership between CREDAI Pune and BCA International?
The main goal of the partnership is to advance sustainable, innovative, and high-quality building practices in India’s real estate and construction sector through collaboration, knowledge sharing, and technology adoption.
What are the key areas of collaboration under the MoU?
The key areas of collaboration include green certification, knowledge sharing and training, networking opportunities, technology adoption, and the development of a Centre of Excellence.
Who signed the MoU and where was it signed?
The MoU was signed by Manish Jain, President of CREDAI Pune, and Heng Teck Thai, Executive Director of BCA International Pte Ltd, in Singapore.
What is the role of the Indian High Commissioner to Singapore in this partnership?
Dr. Shilpak Ambule, the Indian High Commissioner to Singapore, addressed the delegation and emphasized the importance of strengthening ties and fostering collaboration in the real estate sector, offering to facilitate investments from Singaporean companies in India, especially Pune.
What is the CREDAI International Business Forum (CIBF)?
The CREDAI International Business Forum (CIBF) is a pioneering initiative by CREDAI Pune aimed at advancing Pune’s real estate sector through local and global collaborations, facilitating joint study, research, and the exchange of best practices in construction technologies and sustainable development.
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