Two-Thirds of India's Grade-A Office Stock Achieves Green Certification

21 Aug 2024 CW Team

According to a recent report by Colliers, more than two-thirds of Grade-A office spaces in India are now green certified. This development reflects a growing commitment to sustainability within the commercial real estate sector.

Green certification for office spaces is indicative of adherence to environmental standards aimed at reducing carbon footprints and enhancing energy efficiency. This trend aligns with global and national efforts to promote sustainable building practices and mitigate the impacts of climate change.

The report highlights that the increase in green-certified office spaces is a result of rising awareness among businesses and developers about the benefits of environmentally friendly buildings. Green certified offices not only contribute to energy savings but also offer healthier work environments and can command higher rental values.

The shift towards green certifications is driven by both regulatory frameworks and corporate sustainability goals. Many companies are prioritising green buildings as part of their corporate social responsibility (CSR) strategies and sustainability agendas.

With the growing focus on sustainability, the trend of green certification is expected to continue, contributing to the broader goals of reducing environmental impacts and fostering sustainable development in the real estate sector.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..