Latest news with #IGBC
Time of India
a day ago
- Politics
- Time of India
Govt campaign aims to curb single-use plastic usage: Munde
Pune: State environment and climate change minister on Friday said the Maharashtra govt launched a dedicated initiative to curb the use of single-use plastic. As a part of this campaign, officials from Munde's department are engaging with various organisations to seek their active participation. Tired of too many ads? go ad free now During her visit to Pune, Munde met with members of the Shreemant Dagdusheth Halwai Ganpati Temple Trust to involve them in the movement against pollution caused by plastic waste. "We installed a machine near the temple, where citizens can get a cloth bag by inserting a Rs10 coin," she said. Munde said the central govt announced a series of programmes across the country to mark Environment Day, with Prime Minister Narendra Modi directing states to take concrete steps to eliminate single-use plastic entirely. "We are working towards that goal," she said. Later in the day, Munde attended the "Green Pune Summit and Abhinandan 2025", organised by the CII Indian Green Building Council (IGBC), Pune chapter. Addressing developers at the event, she said state govt was framing new rules that enforce environment-friendly measures in construction activities and was also updating sewage treatment regulations. Regarding alleged funds diversion from various departments to the Laadki Bahin scheme, Munde said, "It was launched after careful consideration of all aspects. The diversion claims are mere rumours." About her brother, former minister and NCP leader Dhananjay Munde, attending meditation sessions in Igatpuri, she said, "He made the right decision. It will help bring peace to his mind."
Business Standard
3 days ago
- Business
- Business Standard
Nature Homes & Spaces Brings Green Building To The Forefront Of Residential Development
New Delhi [India], May 28: With growing urbanisation and rising climate concerns, green building is the need of the hour. Across India, the push for sustainable real estate is gaining momentum, and in Rajasthan, one developer is leading that shift from the ground up. Established in 2021, Nature Homes & Spaces is part of a new wave of real estate companies focused on environmentally responsible construction. With IGBC-certified buildings already in its portfolio, Nature Homes & Spaces is positioning itself as a committed player in the green housing space where it is combining sustainability, livability, and long-term value. IGBC Certification is more than a label The Indian Green Building Council (IGBC) certification has become the gold standard for sustainable construction in India. It reflects a project's commitment to reducing its environmental footprint, conserving natural resources, and promoting occupant health. Nature Homes & Spaces integrates these principles deeply into its development process. Its certified projects, Nature Amaltas and Nature Gulmohar are designed with sustainability in mind and will be an IGBC-certified green building. The development offers airy, sunlit spaces with wide balconies and sweeping 180-degree views—blending comfort with environmental sensitivity. The project incorporates energy-saving design principles throughout, ensuring a responsible living experience that minimizes dependence on artificial lighting and cooling systems. The development focuses on long-term ecological balance. Rainwater harvesting systems have been built to recharge the groundwater table, while solid waste management protocols support segregation and composting. Topsoil is carefully conserved during site preparation, and reflective glass is used to regulate indoor temperatures more efficiently. In common areas, solar energy is utilised alongside energy-efficient LED lighting—lowering maintenance costs while reducing the overall carbon footprint. More than 70 percent of the site is dedicated to green and open spaces, providing natural cooling and encouraging biodiversity. Every element is designed to create homes that not only meet today's needs but also preserve tomorrow's resources. Designed for a healthier life Nature Homes & Spaces approach goes beyond checklists. Its developments are built with the end-user in mind with spacious layouts, ample natural light, and clean air circulation are key aspects of its planning. The focus is on reducing reliance on artificial systems and reconnecting people with open spaces and nature within a city setting. 'Green buildings are often seen as niche or luxury, but we believe they must become the standard,' says Atul Arora, CEO of Nature Homes & Spaces. 'Our projects are proof that sustainability can be seamlessly built into everyday living — without compromising on comfort or aesthetics.' Growing market, growing responsibility With a new generation of homebuyers becoming more environment-conscious, the demand for sustainable homes is expected to rise sharply. Real estate developers are now being evaluated not just on square footage and finishes, but on their values and future-readiness. By investing in IGBC-certified projects and sustainable technologies from the outset, the real estate developer is setting a precedent in the Jaipur region. Its developments are proof that responsible building is not a limitation, but a competitive advantage. Green Building is the future of real estate As India marches toward its climate goals and urban centres continue to expand, the onus is on real estate developers to lead with responsibility. Nature Homes & Spaces' early investment in green building, coupled with a focus on thoughtful design, positions it as a future-forward developer in an industry ready for change. In a sector where differentiation often comes from branding or amenities, Nature Homes & Spaces stands apart by letting its buildings speak for themselves — clean, green, and built to last.
Time of India
4 days ago
- Business
- Time of India
'50% of our growth will come from GCCs': Here are the trends shaping India's managed workspaces sector
Fully-customisable and branded office spaces ready within 30-45 days Access to lounges, gyms, and cafes Expert-designed spaces that are IGBC and LEED certified Flexible lease terms with utility costs included Complete administrative management, including visitor management ET Special Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel India is emerging as one of the fastest-growing hubs for global capability centres (GCCs), which serve as strategic and integrated service, tech, and innovation hubs for multinational organisations. Mid-market GCCs in particular are leading this trend, accounting for 27% of all GCCs in India. And new centres are increasingly preferring flexible workspace operators — the kind that offer tailormade spaces and leases that are flexible as per evolving client which operates in Pune, Mumbai, the National Capital Region, Hyderabad, and Kolkata, boasts a diverse client roster with names such as Capgemini, BDO Rise, GoDaddy, SBI General, Carrier, L&T, DSK Legal, amongst others. As India's first and only managed workspace operator with an IGBC Platinum rating, it is best-placed to spearhead the future of work for India — and GCCs:'We are at about 700,000 sq ft. By the end of this year, we should be close to around a little over a million sq ft. That's a growth of 60%. And almost half of this will come from GCCs,' says UrbanWrk Founder and CEO Anuj is a veteran in the luxury real estate sector, having led the creation of nearly 40 million sq ft of space as part of the leadership team at Kalpataru. His experience with the real estate giant and penchant for sustainability and unique designs is a unique proposition for GCCs scouting for agile, yet green spaces that align with corporate goals. All UrbanWrk properties are built on the principle of biophilic design, which incorporates natural lighting, plants, and organic materials. They are also constructed with BIS-certified non-toxic materials, have energy-efficient lighting, rainwater harvesting, and rigorous waste management, as well as HVAC standards and indoor air quality Bengaluru, Pune, and Hyderabad remain the first ports of call for GCC expansion in India, Munot shares that Chennai, Kolkata, Indore, Ahmedabad, and Jaipur are emerging on the radar because of their more efficient unit economics.'I also think GCCs will look at places like Indore, Ahmedabad, and Tier-II cities once they are settled in the country. Because it's not just about finding talent the first time. It's about having a continuous stream of talent so you can expand operations,' he availability of talent is just one challenge GCCs encounter on the path to realising operational efficiency at scale. Infrastructure and managing remote workforces are key hurdles in local contexts. Unreliable internet connectivity, power outages, traffic congestions, and poor employee engagement in distributed environments also disrupt operational is tackling key operational and user experience challenges through integrated, tech-driven solutions. At the core is its proprietary UrbanWrk app, a centralised platform enabling seamless member engagement, real-time meeting room bookings, and facility management. The infrastructure includes secure access control systems, enterprise-level cybersecurity protocols, and dual internet service providers to ensure consistent uptime. Additionally, workspaces are configured with complete wireless setups and interactive displays equipped with digital annotation capabilities, designed to support modern, collaborative work to Anuj Munot, as many as 2,000-plus GCCs are currently entering or exploring the Indian market. Considering the whopping demand for asset-light, cost-effective, and future-forward flexi workspaces, it's no wonder UrbanWrk is projecting a doubling of its capacity by 2026 end.
Business Standard
17-05-2025
- Business
- Business Standard
GHR Lakshmi Urbanblocks Infra LLP Receives RERA Registration for Flagship Project 'The Cascades Neopolis' in Hyderabad
VMPL Hyderabad (Telangana) [India], May 17: GHR Lakshmi Urbanblocks Infra LLP, a joint venture between three new-age realty developers--GHR Infra, Laxmi Infra and Urbanblocks Realty--proudly announces the receipt of RERA registration for The Cascades Neopolis, its flagship residential project located in the heart of Hyderabad's thriving locality of Kokapet. The project is now officially registered under RERA No. P02400009538, demonstrating the company's commitment to transparency, legal compliance, and customer trust in the real estate sector. Soaring 63 floors into the Hyderabad skyline, The Cascades Neopolis redefines luxury living across 7.34 acres of land. With 1,189 exquisitely crafted sustainable residences and 10 triplex penthouses, it is a masterpiece of contemporary design and opulent amenities. Designed by UHA London, Coopers Hill (Singapore), and Studio HBA (Singapore), the project incorporates world-class design with cutting-edge technology. The development offers a WELL Pre-Certified and IGBC Pre-Certified environment, ensuring sustainable living. With Smart Home Automation and the onboarding of some of the World's best International Concierge Services, The Cascades Neopolis delivers an emblematic lifestyle for those who aspire to live above it all. This iconic development is built around the concept of three pillars: Wellness, Sustainability, and Smart Living, ensuring a harmonious, future-ready living experience. With the inauguration of its sales lounge in Kokapet recently, interested buyers can now directly visit the site and explore the project further. Karteesh Reddy M, Designated Partner (GHR Infra), GHR Lakshmi Urbanblocks Infra LLP, said, "This RERA approval reflects volumes about the kinds of effort we put in to create not just spaces compliant with regulatory norms but also to showcase our relentless pursuit of offering unparalleled quality. This is an achievement we're proud of as we continue to redefine urban space in Hyderabad." "A RERA registration for The Cascades Neopolis is a top milestone for us," said Mr. Lakshmi Narayana G, Designated Partner (Laxmi Infra), GHR Lakshmi Urbanblocks Infra LLP. "Such registration affirms our dream of delivering homes that portray transparency, innovation, and customer-centric values. We look forward to developing this contemporary community and providing long-term value and quality living." Reflecting this sentiment, Sharat V, Designated Partner (Urban Blocks Realty) of GHR Lakshmi Urbanblocks Infra LLP, stated, "Getting RERA registration for The Cascades Neopolis is a validation of our combined efforts to create a project that is in harmony with compliance, sustainability and innovation by setting new standards for what a home can be." Strategically positioned, The Cascades Neopolis offers optimal accessibility to major business hubs, schools, medical centres, and lifestyle amenities. With its luxury amenities and city-centre location, the project is set to be the number one preference for homebuyers and investors looking for value for money and quality. About GHR Lakshmi Urbanblocks Infra LLP: GHR Lakshmi Urbanblocks Infra LLP is a Hyderabad-based real estate development firm committed to delivering innovative, high-quality, and sustainable infrastructure solutions. Established in 2023, it is a first-of-its-kind joint venture between three leading real estate developers - GHR Infra, Laxmi Infra, and Urban Blocks Realty. The partnership is focused on creating residential projects that set new industry standards, reflecting a shared vision for innovation and sustainability.
Time of India
17-05-2025
- Business
- Time of India
Green buildings in Nagpur to get up to 20% property tax rebate
NAGPUR : In a move to promote environmentally sustainable construction, the Nagpur Municipal Corporation (NMC) has decided to offer up to 20% rebate on property tax for buildings certified by the Indian Green Building Council (IGBC). Municipal commissioner Abhijeet Chaudhari issued an order to this effect on May 14. As part of its continuous efforts to tackle rising pollution and temperatures in the city, the NMC is encouraging the use of eco-friendly materials and energy-saving measures in new constructions. Green buildings , which consume less electricity and contribute less to the urban heat island effect, are being actively promoted. According to Chaudhari's order, buildings that obtain IGBC certification will be eligible for a rebate of up to 20% on their property tax. This incentive aligns with the budget provisions for the financial year 2025–26, where the commissioner proposed tax relief under Section 140(B) of the Maharashtra Municipal Corporation Act to boost the green construction sector. To qualify for this rebate, a building must have features like rainwater harvesting, use of solar energy, wastewater recycling, and organic composting. An NMC resolution passed on March 28, 2025, already approved additional concessions for IGBC-certified properties. The revised structure of concessions includes Platinum Green Building Certification (additional 10% rebate, making it a total of 20% tax concession), Gold Certification (additional 7.5% rebate, totalling 17.5%), and Silver Certification (additional 5% rebate, totalling 15%). These additional benefits will be available on top of the existing 10% rebate already provided to properties implementing any of the four key eco-friendly systems. How to Apply: Property owners seeking rebate must apply to the Tax Department at the NMC headquarters or zonal offices Application must be accompanied by a valid Green Building Certificate issued by the IGBC
