India’s 1st green property show takes off

Hyderabad India’s first exclusive Green Property Show was kickstarted at Hitex Exhibition Centre, Hyderabad on Friday. The three-day expo is being hosted by the Indian Green Building Council (IGBC), a part of the Confederation of Indian Industry (CII), with the support of Government of Telangana. This initiative aims to encourage people to think innovatively about environmental preservation and sustainable practices.

State IT& Industries Minister KT Ramarao along with Serilingampally MLA Arekapudi Gandhi inaugurated the event in the presence of C Shekar Reddy, Chairman of CII Telangana & IGBC, Hyderabad Chapter; G Srinivasa Murthy, Co-Chairman, IGBC Hyderabad Chapter; KS Venkatagiri, Executive Director, IGBC; M Anand, Deputy Executive Director, IGBC; real estate industry leaders, architects and interior designers.

The first edition of IGBC Green Property Show – India’s first-of-its-kind event aimed at sensitising and motivating prospective buyers to invest in a greener future by choosing IGBC certified or pre-certified green projects, technologies and services over conventional buildings. The Government of Telangana is the partner State for this event, affirming its commitment to sustainability.

This expo is showcasing green residential and commercial properties, building, products & services. With over 75+ exhibitors spread in an expo space of over 4,200 sq km, the event brings property developers, relevant product manufacturers, buyers, sustainable developers, investors together who are inclined to purchase properties and products that are sustainable.

This first-of-its-kind event aims to foster creativity, environmental consciousness, and sustainability among young artists. The Painting Competition is open to young artists between the age group of up to 10 years. Participants will be allowed to unleash their creativity and express their thoughts on sustainability and environmental preservation through their artwork.

On the occasion, Shekar Reddy said: “The expo has brought together green certified and pre-certified projects and sustainable products, making it easy for developers to connect with the environment conscious property buyers. Through this event, we intend to sensitise the general public towards the benefits of adopting green buildings.”

“With its visionary leadership, Telangana government has pioneered the green movement by adopting sustainable practices for all government buildings and appropriate policy interventions to promote green buildings and the built environment. This event is designed to spread greater awareness among the general populace on the importance of choosing green rated projects over conventional offerings.”

Green projects provide immense benefits in terms of financial, general well-being, sustainability, conserving natural resources and reducing environmental impacts. Additionally, financial incentives and various other benefits are offered to homebuyers and developers who opt for green and sustainable practices in terms of lower interest rates on home loans.

Ar Srinivasa Murthy said, “It is more important today than ever before that prospective home buyers choose their homes with climate change phenomenon in mind. The concept of green living has gained significant attention worldwide, and India is no exception. As one of the fastest-growing economies in the world, India faces unique challenges in terms of environmental sustainability.”

Rapid urbanisation, increasing energy demands, and the need for affordable housing have led to a re-evaluation of traditional real estate practices. One of the primary goals of green and sustainable homes is to reduce the carbon footprint. Such homes incorporate innovative design elements and utilize renewable energy sources like solar power and wind energy.

The green homes also focus on energy-efficient appliances and lighting systems, which significantly reduce the consumption of electricity and minimize greenhouse gas emissions. By promoting a low-carbon lifestyle, these homes actively contribute to mitigating climate change. The show showcases the latest innovations, technologies, and solutions in green building.

This event offers a platform for developers, architects, engineers, and eco-conscious individuals to network, exchange ideas, and gain insights into sustainable design and construction practices. According to K S Venkatagiri, this event is a unique opportunity for property buyers to choose/ buy a green-certified project. Awareness among the public will increase exponentially with this expo.

The green property show highlights the sustainable practices and displays sustainable products such as Energy efficient equipment, waste saving fixtures, waste recycling technique, eco-friendly interiors for occupants' health & well-being. The biggest challenge faced by the Indian real estate sector is high cost of construction.

Adopting sustainable models of construction does not involve guidelines on wise use of resources only; its effects are far-fetching. The optimal use of land, development of multi-use buildings and better utilization of building material are some of the factors that are translating into better margins. IGBC is working with several stakeholders including World GBC on this mission.

M Anand stated that IGBC Green Property Show will be a great platform to showcase some of the best sustainable and eco-friendly living spaces that Hyderabad has to offer so that residents can explore and invest in smart and resilient choices while contributing to a greener tomorrow, not just for themselves but for future generations to come.

The residential sector consumes about 24 per cent of the electrical energy generated, which would continue to rise. Buying a green home ensures energy efficiency leading to enormous saving along with a more comfortable and durable space. Green homes combine state-of-the-art energy-efficient construction, appliances, cooling systems and lighting, with passive design strategies which take advantage of local climate and site conditions.

Energy consumption can be substantially reduced by incorporating strategies that are economically viable with an attractive return on investment. Simple measures like orientation, harvesting daylight, providing for abundant ventilation, adopting passive measures and selecting energy efficient appliances can go a long way in enhancing the energy efficiency.

“Developers are increasingly focusing on integrating sustainable infrastructure and amenities, such as electric vehicle charging stations, bicycle lanes, and community gardens. The green property show showcases plethora of choices for making energy efficient homes, offering a safe and happy life to the inhabitants.”

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