K Raheja Corp Real Estate Pvt. Ltd.,Moves Up to 4-Star GRESB Rating with Full Marks in 9 of 12 Aspects
Mumbai : K Raheja Corp Real Estate Pvt. Ltd., (‘KRCREPL’) the residential and commercial development arm of K Raheja Corp, has moved up to a 4-Star rating in the 2026 GRESB Development Benchmark, from 3-Star in 2025, with a score of 93.5 out of 100. The organisation earned full marks in 9 of the 12 scored aspects of the assessment. Around 15 million sq.ft. of its development portfolio is now green-certified or pre-certified under IGBC and LEED.
GRESB is a global, investor-led benchmark that assesses the ESG performance of real estate and infrastructure companies.
Highlights of the 2026 assessment
• Management score: 29.8/30, above both the GRESB and benchmark averages
• Development score: 63.7/70, against a GRESB average of 58.5
• Full marks: in Leadership, Policies, Reporting, Risk Management, Sustainability Requirements, Building Certifications, Energy, Water and Stakeholder Engagement
• Green certification: every project is required to achieve a minimum Silver rating under IGBC or LEED
• Energy: on-site solar and net zero carbon design standards applied across all projects
• Embodied carbon: measured across 23.2% of projects, under a new GRESB indicator introduced this year
Vinod Rohira, MD and CEO, K Raheja Corp Real Estate Pvt. Ltd, said, “What we create today will shape the built environment for decades to come. That makes every decision from design and material selection to energy efficiency consequential. Sustainability certifications, renewable energy and net-zero design are already embedded in our development philosophy. We continue to strengthen this approach by integrating resilience and lower-carbon solutions across the entire lifecycle of our assets.”
The 2026 assessment included an indicator for embodied carbon, which covers the emissions locked into building materials and construction. K Raheja Corp measured embodied carbon across 23.2% of its projects and plans to extend this coverage across its portfolio. Its other priorities include climate resilience, decarbonisation, wider green building certification and resource efficiency across the development lifecycle and value chain.
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