Moneycontrol PRO
HomeNewsBusinessCompaniesIndia registers 3 bn sq ft green building footprint: IGBC

India registers 3 bn sq ft green building footprint: IGBC

IGBC, a part of the industry body Confederation of Indian Industry (CII), involved in promoting the green building movement in India hopes to rope in 10 billion sq ft by 2022.

May 21, 2015 / 22:21 IST

Over three billion sq ft area of green building projects has been registered so far by Indian Green Building Council, which aims to rope in 10 billion sq ft by 2022.

IGBC is a part of the industry body Confederation of Indian Industry (CII), which is involved in promoting the green building movement in India.

"India has crossed three billion sq ft mark of registered green building footprint. This is a remarkable milestone which has put the country in the second position in the world green building footprint. The larger plan and strategy of IGBC is to have 10 billion sq ft by 2022," IGBC Chairman Prem Jain said on Thursday.

"The reason for this significant progress is the fact that stakeholders are realising that green buildings make good business sense. This key proposition is encouraging them to go the green buildings way," he added.

Jain further said over the years India has gained enough experience and has vision, leadership, technical expertise and wherewithal on addressing various aspects of sustainable construction.

"India will set new global standards in design, construction and operation," he added.

first published: May 21, 2015 10:21 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347