K Raheja Corp Real Estate Earns 4-Star GRESB Rating with 93.5 Score
Mumbai, November 4, 2026: K Raheja Corp Real Estate Pvt. Ltd. (KRCREPL), the residential and commercial development arm of K Raheja Corp, has secured a 4-Star rating in the 2026 GRESB Development Benchmark, improving from its 3-Star rating in 2025. The company scored 93.5 out of 100 and received full marks in nine of the 12 scored assessment aspects.
GRESB is a global, investor-led benchmark that evaluates the environmental, social and governance (ESG) performance of real estate and infrastructure companies.
In the 2026 assessment, KRCREPL recorded a management score of 29.8 out of 30, exceeding both the GRESB and benchmark averages. Its development score stood at 63.7 out of 70, compared with the GRESB average of 58.5.
The company received full marks in Leadership, Policies, Reporting, Risk Management, Sustainability Requirements, Building Certifications, Energy, Water and Stakeholder Engagement.
KRCREPL stated that approximately 15 million sq. ft. of its development portfolio is now green-certified or pre-certified under the Indian Green Building Council (IGBC) and Leadership in Energy and Environmental Design (LEED) frameworks. It also requires every project to achieve at least a Silver rating under IGBC or LEED certification.
The company's sustainability measures include on-site solar installations and net-zero carbon design standards across its projects. The 2026 assessment also introduced an indicator for embodied carbon, which accounts for emissions associated with building materials and construction. KRCREPL measured embodied carbon across 23.2% of its projects and plans to expand the coverage across its portfolio.
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 company has identified climate resilience, decarbonisation, wider green building certification and resource efficiency across the development lifecycle and value chain as key areas of focus.
