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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
15-05-2025
- Business
- Time of India
Thiruvananthapuram: Technopark invites ₹381 crore tender for IT building under 'QUAD' project
THIRUVANANTHAPURAM : The Technopark on Wednesday said that it has invited a composite tender of around Rs 381 crore for the construction of the first IT office building under its integrated IT micro-township project 'QUAD' to be developed at its Phase IV (Technocity) campus near Pallippuram here. This state-of-the-art IT building will span 8.5 lakh square feet, comprising two basements and nine floors, with dedicated IT office spaces and a rooftop cafeteria, the Technopark release said. The basements are designated for parking and utility services, while the upper floors will host office modules tailored for tech companies, it said. The tender is being floated under a two-bid system consisting of prequalification and techno-commercial bid and the estimated project cost is Rs 380.08 crore, it said. The project work will consist of civil and MEP (mechanical, electrical and plumbing) works, and the contract period is set at three years, the release said. "A pre-bid meeting will be held on June 10 at 11.30 am at Park Centre, Technopark Phase I campus. Minutes of the meeting will be published on the e-tender portal within two days. "The last date for tender submission is June 25, 2025, at 5 pm, and the bids will be opened on June 26, 2025, at 5.10 pm. The bid validity period is 150 days from the opening of the techno-commercial bid," it said. Designed to be self-sufficient, the building will include a full array of services, including transformers, 100 per cent DG backup, integrated building management system, firefighting systems, sewage treatment plant, and high-side air-conditioning up to tenant space, it said. Besides fully automated systems like robotic cleaning, it will also have the most advanced security surveillance system and access control, the release said. The building will also have parking facilities that will accommodate 465 cars and 348 two-wheelers across the basements and surface areas, and it will emphasise sustainability and energy efficiency, through natural day-lighting, LED lighting, stormwater management and water recycling, it said. "The building aims to secure a Gold Rating under the Indian Green Building Council (IGBC) as per the 2019 new building rating system. "Construction will adhere to IGBC guidelines, including sustainable practices, use of eco-friendly materials, and energy-and water-efficient systems to ensure quality, environmental safety, and performance," the release said.
Time of India
15-05-2025
- Business
- Time of India
Kabul Chawla awarded IGBC Fellow for tech enabled green urbanism
New Delhi, 14 May 2025 — Kabul Chawla, Chairman and Managing Director of BPTP Ltd., has been conferred the IGBC Fellow Award by the Indian Green Building Council, recognizing his pivotal role in advancing sustainable and tech-enabled urban development in India. The award was presented at BPTP's flagship project, Capital City in Noida—an IGBC Platinum-certified development exemplifying the future of low-impact, high-efficiency urban by K.S. Venkatagiri, Executive Director of the CII–Green Business Centre, the award acknowledges Chawla's decade-long commitment to building high-performance real estate rooted in sustainability, energy optimization, and smart-city principles. Under Chawla's leadership, BPTP has consistently embedded green technology across its residential and commercial portfolios. At Capital City, smart energy systems, solar-integrated façades, IoT-based water management, and AI-powered building controls converge to create a digitally responsive, resource-efficient environment. These technologies are designed not just to reduce operational emissions, but to enable data-driven decision-making across the building lifecycle—lowering costs while elevating user comfort and efficiency. As India's cities grow denser and its climate challenges intensify, such integrated systems represent a shift from conventional construction to intelligent urban ecosystems. Chawla's approach to sustainability is strategic, not symbolic. He has pushed for scalable adoption of green standards, favoring passive design techniques, energy-efficient materials, and lifecycle-focused construction models. These methods align with global ESG expectations while supporting India's commitments under the Paris Agreement and its net-zero targets. His flagship project, BPTP Capital City, serves as a proof of concept for what future-ready business districts can look like: mixed-use vertical campuses that are resource-conscious, digitally integrated, and designed for resilience. The IGBC Fellow Award is among the highest recognitions for leaders shaping India's sustainable built environment. For Chawla, it underscores a broader industry transition—where developers are no longer just builders, but enablers of climate action through infrastructure. 'We see sustainability not as an obligation, but as a design imperative,' Chawla noted at the ceremony. 'Green buildings must become the default, and technology is the bridge that will get us there.' His leadership is credited with building an organizational culture that prioritizes environmental responsibility and innovation—training a workforce of over 800 professionals equipped to deliver projects that are smart, sustainable, and community-focused. As urban development accelerates, Chawla's work offers a blueprint for integrating clean technologies, ethical design, and digital infrastructure at scale. With rising investor and policy focus on sustainable real estate, his contributions position BPTP among the few Indian developers actively shaping a greener, smarter built environment.
Mint
22-04-2025
- Business
- Mint
ICICI Bank installs facility to make drinking water from atmospheric moisture
In a significant step towards driving sustainability into its operations, ICICI Bank has announced the adoption of Atmospheric Water Generation (AWG) technology across key office locations – a technology which uses atmospheric moisture to convert into potable drinking water for its employees. The bank has installed multiple AWG units in collaboration with an indigenous private player to produce almost 8,000 litres of potable water a day from atmospheric moisture, which will be used to meet the drinking water needs of about 4,200 employees at five office locations – one each in Bengaluru, Hyderabad and Mumbai and two in Chennai. This will significantly reduce the bank's reliance on bottled water and reduction of single-use plastics, driving its sustainability goals. Harnessing air to create clean drinking water The AWG systems operate by drawing in ambient air and cooling it to condense the water vapour present, thereby producing water. This harvested water is then passed through a multi-stage filtration and purification process to ensure it meets safe drinking water standards. Finally, essential minerals are added to enhance both the taste and nutritional profile of the water. These units are designed to function effectively year-round, operating within a wide range of ambient temperatures (18°C to 45°C) and humidity levels (25% to 100%). This ensures a steady and reliable water supply, even in changing weather conditions. Sustainability rooted in the 4R principle 'At ICICI Bank, we are committed to conducting our business in a sustainable and responsible manner, with the aim of reducing the environmental impact of our operations,' said Soumendra Mattagajasingh, Group Chief Human Resources Officer at ICICI Bank. 'Our environmental strategy is anchored in the 4Rs – Reduce, Reuse, Recycle, and Responsible disposal. It is estimated that the atmosphere contains several times fresher water in the form of vapour than all the rivers on Earth. By using AWG technology, we aim to harness this renewable resource, reduce our use of packaged water, and advance our sustainability efforts,' he added. A broader environmental commitment The adoption of AWG units is one part of ICICI Bank's wider Environmental, Social, and Governance (ESG) strategy. The bank has set a target to achieve carbon neutrality for Scope 1* and Scope 2** emissions by the financial year 2032. It has also made considerable progress in green building certifications, with over 180 locations covering nearly 4.95 million square feet certified by the Indian Green Building Council (IGBC) as of 31 March 2024. In FY2024, the ICICI Service Centre at Bandra-Kurla Complex (BKC) in Mumbai was recognised as a Net Zero Waste site. The bank has also significantly increased its consumption of renewable energy, reaching 75.73 million kWh in FY2024 — a fourfold increase from the previous year. Beyond its own facilities, ICICI Bank supports wider environmental initiatives. Since FY2022, it has planted approximately 3.7 million trees and created a water harvesting capacity of 25.8 billion litres annually in schools and community water bodies. *Scope 1 emissions are direct greenhouse (GHG) emissions that occur from sources that are controlled or owned by an organisation. **Scope 2 emissions are indirect GHG emissions associated with the purchase of electricity, steam, heat, or cooling. Note to the Reader: This article has been produced on behalf of the brand by HT Brand Studio and does not have journalistic/editorial involvement of Mint. First Published: 22 Apr 2025, 11:30 AM IST
Time of India
22-04-2025
- Business
- Time of India
ICICI Bank deploys atmospheric water generators across key offices
In a first-of-its-kind sustainability push by a major Indian bank, ICICI Bank has installed Atmospheric Water Generators (AWGs) across five of its key offices to produce potable drinking water directly from atmospheric moisture. The technology has a production capacity of 8,000 litres of fresh, mineralised water every day, catering to the hydration needs of nearly 4,200 employees in Mumbai, Bengaluru, Hyderabad, and two locations in Chennai. The AWGs extract moisture from ambient air, convert it into water through a condensation process, and then pass it through multi-stage filtration and mineralisation to produce 100% microbe-free, safe drinking water. The units are designed to function year-round, operating in a wide range of temperatures (18°C to 45°C) and humidity levels (25% to 100%)— making them suitable across varied climatic zones. 'This initiative underscores our commitment to sustainability and reducing the environmental footprint of our operations,' said Soumendra Mattagajasingh, Group Chief Human Resources Officer at ICICI Bank. 'Our strategy follows the 4R principle: Reduce, Reuse, Recycle, and Responsible disposal. The atmosphere holds several times more fresh water in vapour form than all rivers combined. By tapping into this abundant natural resource, we reduce our dependence on packaged water and support our long-term ESG vision.' A step towards carbon neutrality The installation of AWGs is aligned with ICICI Bank's broader Environmental, Social and Governance (ESG) strategy. The bank has set an ambitious target to achieve carbon neutrality for Scope 1 and Scope 2 emissions by FY2032. Scope 1 emissions refer to direct emissions from sources owned or controlled by the bank, while Scope 2 emissions cover indirect emissions from purchased energy. As of March 31, 2024, over 180 ICICI Bank sites, covering 4.95 million sq. ft., are certified by the Indian Green Building Council (IGBC). The bank's Bandra-Kurla Complex (BKC) service centre was declared a Net Zero Waste site in FY2024. Additionally, ICICI Bank quadrupled its renewable energy usage to 75.73 million kWh in FY2024 from the previous year. Live Events Outside its own facilities, the bank is actively contributing to community-driven environmental programmes. Since FY2022, ICICI Bank has planted 3.7 million trees and created a water harvesting capacity of 25.8 billion litres annually across schools and community water bodies. Learn more about ICICI Bank's ESG initiatives:
