In a landmark move for India’s real estate sector, CREDAI Pune has entered into a strategic partnership with BCA International (BCAI), Singapore, to champion sustainable, cutting-edge building solutions. This collaboration marks a major step in aligning Pune’s construction practices with global green standards and advanced urban development models.
The partnership was formalized through the signing of a Memorandum of Understanding (MoU) between Mr. Manish Jain, President of CREDAI Pune, and Mr. Heng Teck Thai, Executive Director of BCA International, during a study tour in Singapore. The event was graced by Dr. Shilpak Ambule, Indian High Commissioner to Singapore, who encouraged deeper collaboration and emphasized growing investment interest from Singaporean companies in India, particularly Pune.
This agreement is backed by CREDAI Pune’s International Business Forum (CIBF), which organized an 80-member delegation to Singapore to study best practices in green construction, prefab technology, and smart urban planning. The delegation engaged with key organizations such as the Urban Redevelopment Authority (URA), Housing & Development Board (HDB), and Building and Construction Authority (BCA), alongside renowned architects and consultants.
Through the MoU, both organizations will work closely on five key areas:
- Facilitating BCA Green Mark certification for CREDAI members’ projects in India, supporting Super Low Energy Buildings and Net Zero ambitions.
- Delivering knowledge-sharing and training programs, including site visits and skill development in green building standards.
- Creating networking opportunities through platforms like Singapore’s International Built Environment Week.
- Encouraging technology adoption, enabling Singaporean firms to collaborate with CREDAI developers in India.
- Supporting a Centre of Excellence in Pune to promote advanced construction technologies and industry-leading solutions.
Since its inception in 2013, CIBF has pioneered international exposure for Pune developers, organizing tours to Japan, China, Dubai, and other countries to study innovative construction practices. This year’s Singapore visit continued that tradition, focusing on sustainability, smart zoning, prefab techniques, and enhanced construction safety standards.
Speaking on the occasion, Mr. Manish Jain called the collaboration “a significant step towards CREDAI Pune’s vision of promoting sustainability, innovation, and global best practices.” Mr. Heng Teck Thai echoed the sentiment, noting the partnership would empower Indian developers with Singapore’s expertise in green and smart building practices.
With this strategic tie-up, CREDAI Pune is poised to lead the Indian real estate sector into a new era of sustainable development, setting international benchmarks for quality, efficiency, and environmental responsibility.
