Incentives on Green Building.
Incentives in FAR for building.Green building or environment friendly buildings are two better ways provide green movement in constructions.Constructing building is the largest source for Greenhouse gas emissions and energy consumption in the world. Buildings account for an estimated 48% of all green house emissions.
Recently in, NOIDA development authority has decided to give two per cent Floor Area Ratio (FAR) free to environment friendly residential buildings. With plethora of new constructions already proposed in various sectors of NOIDA with new constructions sprung up every new day, it is important to encourage green practices in construction for sustainable future
About Projectwell:
ProjectWell is India’s first and only Development Management Company. ProjectWell views projects from a ‘cradle to cradle’ perspective and derive solutions for the entire life-time of a real estate project. ProjectWell is involved in developing integrated communities which take you back to your childhood.
Projects in India have traditionally changed ownership first during the transition from land owner to developer and then during the transition from construction to occupancy stages. With change of ownership comes changes in the perspective towards the project. ProjectWell looks at project not in 3 different stages, but in a holistic manner, considering its evolution throughtout its life span. ProjectWell’s approach towards conceptualising projects and then managing it during construction and occupancy offers seamless, process oriented solutions towards the successful run of a project in its entirety.
About Loknath Swain:
Loknath Swain is a Mumbai based writer. He is associated with projectwell and projectwellblog