Sunteck Realty Shines with Top GRESB Score in Global Real Estate Sustainability
Sunteck Realty Limited, a leading luxury real estate developer based in Mumbai, has achieved a commendable GRESB score of 96 for the fiscal year 2024. This score underscores their commitment to ESG principles and marks them as a Sector Leader in global re
Sunteck RealtyGresbEsgSustainabilityReal EstateReal EstateNov 27, 2024
Sunteck Realty, founded with a vision to create luxurious yet sustainable living spaces, has consistently demonstrated its commitment to environmental responsibility. The GRESB score of 96 is a testament to their efforts in reducing carbon footprint, conserving resources, and enhancing the well-being of their communities.
Chairman Kamal Khetan emphasized the company's mission, stating, 'At Sunteck, we are dedicated to innovating luxurious yet sustainable developments that meet the needs of both the present and future generations. Our GRESB score of 96 and the Sector Leader award are a recognition of our efforts to set new benchmarks in the real estate industry.'
The EDGE standards, which Sunteck adheres to, are designed to reduce energy, water, and material consumption in buildings. This not only lowers operational costs for residents but also minimizes environmental impact. Sunteck's projects, such as Sunteck Tia and Sunteck Synergy, are prime examples of how luxury and sustainability can coexist.
Sunteck Realty's commitment to sustainability extends beyond just environmental factors. They also focus on social and governance aspects, ensuring that their developments contribute positively to the community. This includes providing green spaces, promoting healthy living, and ensuring fair and transparent business practices.
The company's success in achieving such a high GRESB score is a result of their comprehensive approach to sustainability. From the use of energy-efficient technologies to the implementation of waste management systems, Sunteck has left no stone unturned in their pursuit of sustainable development.
In conclusion, Sunteck Realty's GRESB score of 96 and their Sector Leader status are a clear indication of their leadership in the global real estate sustainability landscape. As they continue to innovate and set new standards, Sunteck remains a beacon for other developers looking to create a more sustainable future.
Frequently Asked Questions
What is GRESB?
GRESB, the Global Real Estate Sustainability Benchmark, is an investor-driven organization that provides a framework for real estate companies to assess and report their environmental, social, and governance (ESG) performance. It helps investors make informed decisions based on sustainability metrics.
What is the significance of a GRESB score of 96?
A GRESB score of 96 is highly significant as it indicates exceptional performance in ESG principles. It places the company among the top performers globally and often earns them the Sector Leader award, recognizing their leadership in sustainability.
What are EDGE standards?
EDGE (Excellence in Design for Greater Efficiencies) is a green building certification system that focuses on reducing energy, water, and material consumption. It helps builders and developers create more sustainable and cost-effective buildings.
How does Sunteck Realty contribute to sustainability?
Sunteck Realty contributes to sustainability through various initiatives, including the use of energy-efficient technologies, implementation of waste management systems, and adherence to EDGE standards. They also focus on social aspects by providing green spaces and promoting healthy living in their developments.
What is Sunteck's mission regarding sustainability?
Sunteck's mission is to innovate luxurious yet sustainable developments that meet the needs of both the present and future generations. They aim to set new benchmarks in the real estate industry by reducing carbon footprints and enhancing the well-being of their communities.
Related News Articles
Mumbai's Public Transport in Crisis: BEST Fails to Secure Rs 3000 Cr for New Buses
Mumbai's civic body allocates only Rs 800 crore to BEST, falling short of the requested Rs 3000 crore for new buses.
Stable Rents in Delhi-NCR, Mumbai, and Bangalore Office Markets in Q2 2024
The prime office rental rates in Delhi-NCR, Mumbai, and Bangalore have remained stable in Q2 2024, driven by a sustained strategic interest in India's consumer markets and skilled labor pool.
Haryana RERA Orders Ocean Seven Buildtech to Pay Interest to 15 Homebuyers for Delayed Possession
The Haryana Real Estate Regulatory Authority has directed Ocean Seven Buildtech to pay interest to 15 homebuyers for delayed possession of flats in the Expressway Towers project in Gurugram.
Rs 73 Lakh in Bank, Rs 2.6 Crore in Real Estate: New Delhi CM Rekha Gupta’s Net Worth Unveiled
New Delhi CM Rekha Gupta’s total assets, as per her election affidavit, are valued at around Rs 5.3 crore, a significant sum that includes both liquid and real estate assets.
Birla Estates Launches Exciting T20 2025 Campaign with RCB Icons
Birla Estates, a leading real estate developer, has unveiled an engaging T20 2025 campaign featuring iconic players from the Royal Challengers Bangalore (RCB). The campaign aims to connect with cricket enthusiasts and potential homebuyers through a series of digital video assets.
Mumbai's Real Estate Renaissance: Arkade Developers' Rs 865 Crore Redevelopment Project
Arkade Developers, a prominent name in Mumbai's real estate market, is set to revolutionize the city's skyline with a Rs 865 crore redevelopment project. This ambitious venture underscores the company's commitment to premium construction and timely delivery, positioning it at the forefront of the city's evolving real estate landscape.