Adopting environmentally friendly features and relevant accredited certifications help attract global investors and clients, further assuring them of efficient sustainable developments.
Sanjay Dutt - Managing Director, Tata Realty
Unlike past economic challenges, Covid-19 had a widespread impact on the CRE industry across the globe. Many trends emerged such as wellness-compliant assets, health-based amenities, and technologically adept functions. There has been a greater demand for assets which are designed and focused on occupant well-being as its primary purpose. This would cover measures like co-relation between exterior and interior spaces, occupant comfort measures, adequate daylight penetration along with regulation of air quality, suitability for specially-abled people, etc.
The savings that sustainable developments bring with them over the course of their life cycle are a mixed bag of tangible and non-tangible benefits. Tangible benefits would include efficient energy, water, and waste management systems that minimise operating costs. Non-tangible benefits cover features that improve occupant health and productivity due to improved air quality and ambience, day lighting, biophilic features like water bodies, green walls, etc. This is one of the key attractions for end-users to invest in premium developments.
Tata Realty adopts various sustainability strategies in all its projects starting from early stages of design through the project life cycle. Tata Realty’s Ramanujan Intellion Park, Chennai, for instance, is one of the finest and the most successful commercial developments in recent times. It has earned the LEED India Platinum Certification and is India’s first ever Net-Zero Carbon IFC EDGE certified project. This success comes from an integrated and collective approach throughout the lifecycle of the project, right from its thoughtful design to the efficient Asset Management and Operations phases.
The project has adopted numerous sustainable features for efficient Energy, Water, and Waste Management. It incorporates energy efficient design of floor plates and building façade for maximizing daylight, high-performance glazing systems, and orienting the building for minimum heat gain. The project makes use of Green Energy by way of renewable resources like solar farms.
Tata Realty prides in being compliant for all its projects by various Green Building Councils like USGBC, LEED, IGBC, IWBI WELL, IFC Edge, and GRESB.