India’s largest real estate developer has added yet another to its cap as the US Green Building Council (USGBC) confers on DLF Rental Business as the world leader in LEED Zero Water. With 45 LEED Zero Water Certifications, highest for one developer in the world.
Last year DLF Cyber City was awarded with the world’s first LEED Platinum City & Community Certification from USGBC. With this award DLF Cyber City, Gurgaon became the first developer-owned community in the world to receive this certification under LEED Cities & Communities Rating System. Spread over more than 100 acres and home to large number of Fortune 500 and leading Indian companies, the entire Cyber City operates on an integrated model of sustainability, incorporating numerous green initiatives such as zero water discharge, rain water harvesting, e-waste segregation, gas-based electricity , EV charging. All buildings are equipped with solar energy and MERV-14 air filters which have significantly improved the indoor air quality, resulting in a better quality of life and workplace wellness.
DLF that has sold properties worth Rs 2040 crore in the April-June quarter is also in the spotlight for re-entering the Mumbai market through a partnership with Trident Group. Over a decade back in 2012, DLF had sold a land parcel to Lodha Developers (now Macrotech Developers) for Rs 2700 crore. It had then also formed a joint venture with Akruti City to develop few projects.
Meanwhile DLF is creating waves with another interesting development of its founder, K.P Singh selling the entire 0.59% stake for Rs 731 crore. IThe development holds significance as in June 2020, Singh had retired as realty firm’s chairman after about six decades of active service.
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