Sunteck Realty Ltd honored as an “EDGE Champion” by EDGE-IFC, a member of World Bank Group” for its Sustainability initiatives


Posted May 19, 2023 by kajalsharma

Sunteck Realty Limited, the Mumbai-based premium luxury real estate developer has been honored as an “EDGE Champion” by EDGE-IFC, a member of World Bank Group during glittering ceremony - Green India Drive-organized by EDGE-IFC at Mumbai.
 
As an EDGE Green Building Champion, Sunteck Realty Ltd is recognized for leading the green building
certification and its efforts to reduce carbon emissions, conserve natural resources, and create
healthier living and working spaces for its tenants.

Sunteck Realty Ltd and IFC are establishing a framework for greater collaboration in pursuit of their shared aspirations to move the construction industry on to a lower-carbon, more resourceefficient path. Sunteck Realty Ltd has been felicitated with EDGE Green Building Precertification for its four residential projects and three commercial projects - Sunteck Beach Residences (SBR) Vasai; 4th Avenue, SunteckCity, Oshiwara District Centre (ODC) Goregaon (W); Sunteck Maxxworld, Sunteck ONEWorld at Naigaon and Sunteck BKC 51,Sunteck Icon and Sunteck Crest, Mumbai by EDGE-IFC for its zealous endeavor towards ensuring that all its projects are
designed sustainably as next generation buildings, keeping the environment’s wellbeing at the center of its mission. Thus, Sunteck’s endeavour to catalyze and has already completed these seven EDGE pre-certifications in the first year of this announcement.

An innovation of IFC, a member of the World Bank Group, EDGE – Excellence in Design for Greater Efficiencies is an online platform, a green building standard and a certification system for more than 150 countries. The certification has the goal of reducing the environmental impact of buildings in three areas: Energy Efficiency, Water efficiency, and Material efficiency.

Sunteck Realty’s aim is to achieve greater efficiency in its management of Energy, Water, and Materials for its projects as compared to the baseline buildings with sustainable and green strategies like efficient design of building envelope, energy efficient lighting, low flow water plumbing fixtures, rainwater harvesting and use of recycled and local materials.

About Sunteck Realty:
Sunteck Realty Limited (SRL) is one of the fastest growing Mumbai-based luxury real estate development companies. SRL has an immaculate track record of having one of the lowest net Debt/Equity ratios, financial prudency and sustainable growth. The company focuses on a city centric development portfolio of about 52.5 million square feet spread across 20 projects. Sunteck Realty has differentiated its projects under six brands - ‘Signature’: Uber luxury residences, ‘Signia’: Ultra luxury residences, ‘Sunteck City’: Premium luxury residences, 'Sunteck Beach Residences': Marquee Luxury Destination, ‘Sunteck World’: Aspirational luxury residences,
‘Sunteck’: Commercial & Retail developments. The company has been a trendsetter in creating iconic destinations such as the flagship project, Signature Island at Bandra Kurla Complex (BKC), Sunteck City in Oshiwara District Centre (ODC), Goregaon and SunteckWorld at Naigaon - the largest township of MMR’s western Suburbs.

About EDGE
An innovation of IFC, EDGE helps property developers to build and brand green in a fast, easy and affordable way. EDGE is supported by free software that encourages solutions to reduce energy, water and the energy used to make building materials by at least 20 percent, which is the standard for EDGE certification. The program has been generously supported by the following donors: Austria, Canada, Denmark, ESMAP, EU, Finland, GEF, Hungary, Japan, Switzerland and the UK. For more information, visit www.edgebuildings.com

Disclaimer:
Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, technological risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Sunteck Realty Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
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Last Updated May 19, 2023