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Sunteck Realty gets green building pre-certification for its ongoing project, from Edge-IFC

19 Sep 2022 , 09:27 AM

Sunteck Realty has been awarded EDGE Green Building Pre-Certification for its four residential projects – Sunteck Beach Residences (SBR) Vasai; 4th Avenue SunteckCity, Oshiwara District Centre (ODC) Goregaon (W); Sunteck MaxXworld and Sunteck ONEWorld at Naigaon – by EDGE-IFC for its efforts to ensure that its projects are designed sustainably as next-generation buildings, with the wellbeing of the environment at the centre of its mission.

Sunteck Realty is taking deliberate steps to prioritise sustainability. Sunteck published its first annual Environmental, Social, and Governance (ESG) report in July 2022, emphasising the need for “Creating Sustainable Spaces.” To reinforce this commitment, it has matched its policy framework, programmes, monitoring systems, and disclosures with key ESG principles.

EDGE – Excellence in Design for Greater Efficiencies, a World Bank Group initiative, is an online platform, a green building standard, and a certification system for more than 150 nations. The accreditation aims to reduce buildings’ environmental effects in three areas: energy efficiency, water efficiency, and material efficiency.

Sunteck Realty aims to achieve greater efficiency in the management of Energy, Water, and Materials for its projects when compared to baseline buildings by implementing sustainable and green strategies such as efficient building envelope design, energy-efficient lighting, low flow water plumbing fixtures, rainwater harvesting, and the use of recycled and local materials.

At around 9.30 AM, Sunteck Realty was trading at Rs453 up by 0.47% from its previous closing of Rs450.90 on the BSE. The scrip opened at Rs453.75 and touched intraday high and low of Rs460.50 and Rs450.50 respectively.
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