The Indian Green Building Council of CII signed a memorandum of understanding (MoU) with National Housing Bank to promote adoption of energy efficient green homes in the country. During the first edition of conference on green apartments, MoU was signed. According to CII, “The purpose of this MoU is to jointly enhance and promote the adoption of energy efficient and green homes concept in India”.
The MoU signed in presence of Arun Kumar Misra, Secretary of the Ministry of Housing and Urban Poverty Alleviation. The MoU was inked between Chairman of IGBC Prem C Jain and NHB Executive Director Arnab Roy. Misra said going green is an imperative to ensure a sustainable tomorrow. He added, MoU inked on July 12 will go a long way in promoting green homes and facilitate India emerge as one of the global leaders in green buildings. He also said the Ministry would extend all the support to work with IGBC in taking forward the green home concept to the mass housing sector.
According to NHB Executive Director Arnab Roy,“NHB with the support of IGBC would offer the fund to home finance companies that are willing to transfer the benefit of concessional interest to buyers of green and energy-efficient homes”. Chairman of IGBC Prem C Jain said that the IGBC Green Homes is the first rating programme developed in India, exclusively for the residential sector. As many as 750 homes project in the country are already going green with IGBC accounting to more than 4,50,000 dwelling units with a building footprint of over 680 million square feet, he added.