HomeNewsBusinessReal EstateGreen smart cities to contribute 2.5 billion sq ft footprint out of 10 billion sq ft target: IGBC

Green smart cities to contribute 2.5 billion sq ft footprint out of 10 billion sq ft target: IGBC

The council that promotes the green building movement in India has over 4.68 billion sq ft of built-up green building projects across the country. Besides smart cities, it is expecting a larger contribution from affordable housing

October 04, 2017 / 12:39 IST
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As the Indian Green Building Council (IGBC) gets ready to host the four-day 15th edition of the Green Building Congress 2017 on the theme ‘Sustainable Built Environment for All’ in Jaipur starting today, Moneycontrol’s Vandana Ramnani caught up with Prem C Jain, chairman of IGBC.

Jain reveals that IGBC plans to register about 10 billion sq ft of the green footprint by 2022, the year India celebrates its 75 years of independence. Out of this, around 2.5 billion sq ft are expected to come from green smart cities. So far, six green smart cities are registered with IGBC and have close to about .9 billion sq ft of the green footprint. So far, the green movement is strongest in states such as Maharashtra, Karnataka and Tamil Nadu and the next to follow will be states of Andhra Pradesh and Telangana.

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IGBC currently has over 4.68 billion sq ft of built-up space of green building projects across India. Has it set any targets with the regard to smart green cities?

When Prime Minister Narendra Modi announced the concept of smart cities, we wrote a letter to him and made a submission on why we should first make a city green and then make it smart. The fundamental has to be green – the infrastructure, the facilities and so on. He readily agreed. We met the minister of urban development. What the ministry suggested was that we partner with the individual city’s SPV and offer our services directly to them. We do not have an SPV with many cities yet. It is in the pipeline. There are three cities in Rajasthan, we are on the verge of signing an SPV with Vishakapatnam.