An 80-member delegation from CREDAI Pune is in Singapore under its CIBF arm to study and explore best practices in sustainable construction and urban planning

Pune, 17th September 2025 – The Confederation of Real Estate Developers’ Associations of India (CREDAI) Pune has signed a Memorandum of Understanding (MoU) with BCA International Pte Ltd (BCAI), Singapore, a subsidiary of the Building and Construction Authority (BCA), to collaborate in advancing sustainable, innovative, and high-quality building practices in India’s real estate and construction sector. The MoU was signed by Mr. Manish Jain, President, CREDAI Pune, and Mr. Heng Teck Thai, Executive Director, BCA International Pte Ltd in Singapore.

 

This milestone agreement coincided with an 80-member delegation from CREDAI Pune’s CIBF, which undertook a study tour in Singapore. The delegation engaged with developers, architects, construction companies, policymakers, and government officials to learn from Singapore’s world-class real estate practices for adaptation in India.

 

On this occasion, Dr. Shilpak Ambule, the Indian High Commissioner of India to Singapore, addressed the delegation, emphasizing the importance of strengthening ties and fostering collaboration in the real estate sector. He stated, “A lot of Singaporean companies want to invest in India, especially Pune, and we at the High Commission will be happy to facilitate.”

 

Key Areas of Collaboration

Under this strategic partnership, both organisations will collaborate to:

 

• • Green Certification: Facilitate BCA Green Mark certifications for CREDAI members’ projects in India, promoting Super Low Energy Buildings (SLEB) and advancing Net Zero ambitions.

• • Knowledge Sharing & Training: Deliver customised training programs, site visits, and best practice exchanges focused on green building standards, construction quality, and advanced construction techniques.

• • Networking Opportunities: Foster business collaborations and regional networking through platforms such as the annual International Built Environment Week in Singapore.

• • Technology Adoption: Enable Singapore-based firms to partner with CREDAI members on sustainable, innovative, and smart building solutions in India.

• • Centre of Excellence: Support the development of a Centre of Excellence by CREDAI Pune, promoting cutting-edge construction technologies and industry-leading solutions for the built environment sector.

About CIBF

The Confederation of Real Estate Developers’ Associations of India (CREDAI) Pune took a visionary leap in 2013 by founding the CREDAI International Business Forum (CIBF), a pioneering initiative aimed at advancing Pune’s real estate sector through local and global collaborations.

 

CIBF fosters meaningful engagement between Indian developers and international companies, consultants, policymakers, government officials, and innovators—facilitating joint study, research, and the exchange of best practices to adopt and implement advanced construction technologies, sustainable development models, and effective urban planning strategies.

 

This year’s study tour in Singapore featured insightful site visits and high-level meetings with policymakers, government representatives, and leaders in Singapore’s public housing and urban development sector, including the Urban Redevelopment Authority (URA), Housing & Development Board (HDB), Building and Construction Authority (BCA), as well as prominent architects and consultants.

 

These interactions fostered valuable networking opportunities and offered practical insights for the CREDAI Pune delegation, enabling the adaptation of Singapore’s world-class practices—such as prefab technology for faster construction, green integration for sustainability, smart zoning for enhanced livability, as well as advanced urban planning and construction safety measures—into the Indian real estate sector. The experiential learning and knowledge exchange are expected to strengthen CREDAI’s ability to innovate and respond effectively to evolving regulations and market demands.

 

About BCA and the MoU

The Building and Construction Authority (BCA) of Singapore plays a key role in driving safe, sustainable, and innovative real estate development. As a statutory board under the Ministry of National Development, it bridges government policy and industry practice.

 

BCA implements forward-looking regulations like the Green Mark Scheme and smart zoning to promote advanced, eco-friendly construction and serves as a vital partner for developers, providing expertise, frameworks, and guidance for high-quality, future-ready projects. The MoU with CREDAI further reinforces BCA’s commitment to sharing its expertise and supporting the growth of sustainable, innovative real estate practices in India.

 

Speaking on the occasion, Mr. Manish Jain, President, CREDAI Pune, said:

“This collaboration marks a significant step towards CREDAI Pune’s vision of promoting sustainability, innovation, and global best practices in construction. Partnering with BCAI will help our members adopt international benchmarks and move closer to India’s Net Zero commitments.”

 

Mr. Heng Teck Thai, Executive Director, BCA International Pte Ltd, added:
“We are delighted to partner with CREDAI Pune. Together, we aim to empower the Indian construction sector with Singapore’s expertise in green and smart building practices and foster cross-border opportunities that benefit both ecosystems.”

 

Delegation Details

The CIBF delegation was led by Mr. Manish Jain, President of CREDAI Pune, along with Vice Presidents Arvind Jain, Nitin Nyati, and Vinod Chandwani. The 2025 CIBF Working Committee members — Hiren Parmar, Ketan Ruikar, Puneet Oswal, Ishan Magar, Vishal Jumani, and Mohnish Agarwal — were also part of the delegation.

 

About CREDAI Pune

Established in 1982, CREDAI Pune is the apex body of real estate developers in Pune and Pimpri-Chinchwad with over 2,000 member developers including associate and RERA members, accounting for nearly 70% of construction activity in the Pune Metropolitan Region.

 

About CIBF

The CREDAI International Business Forum (CIBF) is an initiative by CREDAI Pune that annually organizes local, national, and international study tours for its 100+ esteemed developer members.

The CIBF Study Tours commenced in 2006 and formally took the name CIBF in 2013, with a vision to provide new opportunities to explore new technologies, innovative construction materials, advanced methodologies, and modern architectural designs shaping the global real estate industry.

 

Over the years, CREDAI Pune has organized international visits to Japan, China, Dubai, UK, Malaysia, Netherlands, Germany, South Korea, Spain, Russia, Singapore, and other countries. In addition, local study tours are also conducted to facilitate knowledge exchange and hands-on learning for members. The initiative helps developers bring global best practices to Pune’s real estate sector, fostering innovation and sustainable growth.

 

About BCA International (BCAI)

BCAI is a wholly owned subsidiary of Singapore’s Building and Construction Authority (BCA). It promotes overseas collaborations by sharing Singapore’s expertise in sustainability, productivity, construction quality, and advanced technologies.

 

Its mission is to: “Build Greener, Build Faster, Build Better.”

 

Disclaimer: This article is based on information available from public sources. It has not been reported by EQMint journalists. EQMint has compiled and presented the content for informational purposes only and does not guarantee its accuracy or completeness. Readers are advised to verify details independently before relying on them.