Govt lays focus on promoting green buildings across India
Real Estate

Govt lays focus on promoting green buildings across India

The centre is laying emphasis on the construction of green buildings across India and has determined that campaigns should be run to spread awareness of the marginal difference in construction prices for such properties and conventional ones.

Addressing a webinar, Surendra Kumar Bagde, Additional Secretary, Ministry of Housing and Urban Affairs, emphasised that a campaign should be run to create awareness about the marginal cost difference between conventional and green buildings.

Badge cited that the idea of green buildings must be promoted in tier 2 and tier 3 cities, too. As per a statement issued by NAREDCO, Bagde said that all the required laws and regulations are in place to help developers build green buildings. Indian Green Building Council (IGBC), National Real Estate Development Council (NAREDCO) and Confederation of Indian Industries (CII) organised a webinar 'India's Leadership Role in Advancing Green Buildings'.

Although the price of green buildings is marginally higher, it is in greater good to go green, these associations noticed. The statement said that India, which ranks third globally in terms of green buildings after China and Canada, may well turn number one by 2022. Rajeev Talwar, Chairman, NAREDCO, pushed for more and more greenery in cities.

He said that on the energy conservation and greener measures by the industry as a whole, that not only rainwater harvesting but water recycling should also be practiced quickly. Talwar said that it is time for mass transport to go towards electricity. Rajan Bandelkar, Vice President-West, NAREDCO, informed that the realtors' body NAREDCO has already signed a Memorandum of Understanding with IGBC.

V Suresh, Chairman, IGBC, expressed confidence that the journey from green buildings to green built-environment will support India shift gears in its journey of becoming a leader in the green building movement.

Gurmit Singh Arora, Vice Chairman, IGBC, noted that India has been a global leader in the green buildings movement for the last two decades, with over 7.83 billion square feet of green footprint.

Image Source


Also read: CII-IGBC ink pact with Indian Institute of Architects for green buildings

Also read: 9 smart buildings that say the future is here

The centre is laying emphasis on the construction of green buildings across India and has determined that campaigns should be run to spread awareness of the marginal difference in construction prices for such properties and conventional ones. Addressing a webinar, Surendra Kumar Bagde, Additional Secretary, Ministry of Housing and Urban Affairs, emphasised that a campaign should be run to create awareness about the marginal cost difference between conventional and green buildings. Badge cited that the idea of green buildings must be promoted in tier 2 and tier 3 cities, too. As per a statement issued by NAREDCO, Bagde said that all the required laws and regulations are in place to help developers build green buildings. Indian Green Building Council (IGBC), National Real Estate Development Council (NAREDCO) and Confederation of Indian Industries (CII) organised a webinar 'India's Leadership Role in Advancing Green Buildings'. Although the price of green buildings is marginally higher, it is in greater good to go green, these associations noticed. The statement said that India, which ranks third globally in terms of green buildings after China and Canada, may well turn number one by 2022. Rajeev Talwar, Chairman, NAREDCO, pushed for more and more greenery in cities. He said that on the energy conservation and greener measures by the industry as a whole, that not only rainwater harvesting but water recycling should also be practiced quickly. Talwar said that it is time for mass transport to go towards electricity. Rajan Bandelkar, Vice President-West, NAREDCO, informed that the realtors' body NAREDCO has already signed a Memorandum of Understanding with IGBC. V Suresh, Chairman, IGBC, expressed confidence that the journey from green buildings to green built-environment will support India shift gears in its journey of becoming a leader in the green building movement. Gurmit Singh Arora, Vice Chairman, IGBC, noted that India has been a global leader in the green buildings movement for the last two decades, with over 7.83 billion square feet of green footprint. Image Source Also read: CII-IGBC ink pact with Indian Institute of Architects for green buildings Also read: 9 smart buildings that say the future is here

Next Story
Building Material

Trishakti Industries Secures Major Tata Steel Order

Trishakti Industries Limited has secured a significant order from Tata Steel Ltd for the deployment of advanced machinery and skilled manpower at one of the steel major’s flagship project sites.The contract, awarded domestically, involves the hiring of machines along with manpower, with execution set to be completed by 20th September 2025. The initial contract period is 12 months. The total fresh capital expenditure for the project is approximately Rs 1.5 million, while the overall contract value is expected to exceed Rs 5 million inclusive of taxes.This order marks a reinforcement of top-ti..

Next Story
Real Estate

Kalpataru Projects Secures Rs 27.2 Billion in New Orders

Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries, has received new orders and notifications for projects worth approximately Rs 27.2 billion.The projects include:Power Transmission & Distribution (T&D) initiatives in India and overseas.Buildings and Factories (B&F) projects in India.Manish Mohnot, MD & CEO of KPIL, said, “We are delighted with the strong ordering momentum in our T&D and B&F businesses. The orders include ..

Next Story
Infrastructure Energy

ACME Solar Secures Rs 38.92 Billion Financing for Barmer Project

ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after its wholly owned subsidiary, ACME Venus Urja, secured long-term project financing of Rs 38.92 billion from the State Bank of India (SBI).The funds will be utilised for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan. The loan repayment is structured over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BESS) to ensure higher reliability and d..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?