IGBC Certification Underway For Two Projects – More To Follow
PUNE, April 14, 2012: The accelerated pace of India’s economic progress has brought with it a new orientation – and a new level of awareness – to Indian real estate development.
With the watchword today being ‘sustainable development’, Amit Enterprises Housing Ltd (AEHL) has now taken a firm step into this progressive new domain. AEHL’s projects in Pune – like Astonia Royale at Ambegaon – are on their way to becoming certified as ‘green’ by IGBC (Indian Green Building Council).
“It is a logical step to take,” states Rohan Pate, Director – Amit Enterprises Housing Ltd. “A number of our clients are repatriating NRIs who look for more than just top-of-the-line construction quality and amenities in the homes they buy.
Because of their exposure to the trend of sustainable homes in the developed countries, they are looking for similar solutions here.”
Attuned to the new residential mantra in the West, an increasing number of NRIs are indeed in search of homes to match their accustomed lifestyles are now actively seeking projects with genuine ‘green’ features in India. There is no doubt now that the future of Indian residential real estate lies in eco-friendly, energy-efficient developments.
Global market analysts note with concern the steady erosion of the Indian realty arena. Unregulated and ecologically wasteful developments are choking the marketplace. All over the country, unscientifically designed buildings are compromising the environment.
These buildings waste energy and produce locality-corroding contaminants. With the global real estate focus now firmly on sustainability, the spotlight in India is now on ‘Green’ buildings – environment-sustaining residential developments.
What Is Sustainable Development?
The dictionary defines sustainability as a process or state maintainable at a given level for prolonged periods. This, of course, brings the question – how does sustainability pertain to real estate development? In the real estate context, it means developing land and buildings in such a manner that the environment can sustain future growth.
“The new residential development mantra adopted by AEHL transcends all previous models and focuses on projects that have vastly reduced negative effects on the environment,” says Rohan Pate. “Sustainability is an extremely progressive real estate development approach that balances economic interests with social and environmental concerns.”
Rapid urbanization is fast compromising the urban real estate marketplace. This presents a gross contradiction of the international blueprint, in which urbanization goes hand-in-hand with corresponding environmental sustainability measures. By virtue of survival of the fittest, environmentally sustainable buildings now drive the demand for residential projects in India.
Residential developments oriented towards preservation and conservation involve numerous variables and solutions. Evolving a housing project that qualifies for ‘Green’ status calls for a comprehensive design approach that incorporates critical environmental, economic and social dynamics.
• Creating a housing project that conforms to current international standards requires that the development:
• Involves the lowest possible site impacts right from the design stage
• Incorporates specific facilities for waste management, climactic control, heat and energy preservation and water treatment
• Takes into account health impacts on occupants as well as the surrounding locality
• Functions seamlessly to conform with these parameters from the pre-construction to the post-construction phase
“We have applied for pre-certification from IGBC for all our upcoming projects in Pune, Mumbai and Nasik,” says Rohan Pate. “Our designers and engineers are being trained for complete orientation towards the sustainable development paradigm.
We are aiming for nothing less than the AEHL brand becoming synonymous with Green residential solutions all over Maharashtra. Astonia Royale in Pune is the first paving stone on this path.”