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IIFL Home Finance Ltd concluded its fifth installment of KUTUMB



Continuing with its ongoing mission of encouraging and facilitating the 'Green Affordable Housing in India', IIFL Home Finance Ltd. (IIFL HFL) organized the fifth chapter of KUTUMB - An Initiative Towards Green Affordable Housing at Hyderabad on December 12, 2019.

The theme for this chapter of KUTUMB was 'Sustainable Today, Begins Tomorrow'.

In the event held at N Convention, Madhapur, IIFL Home Finance succeeded to educate over 100 developers and about over 150 total participants about the benefits associated with green construction in the affordable housing segment in India.

The panel of speakers included V Suresh (Chairman, IGBC), Ashok B Lall (Principal, Ashok B Lall Architects), Neha Kumar (India Programme Manager - Climate Bonds Initiative), Chaitanya Rayapudi (Chairman & MD), Supra Builders and Monu Ratra (CEO & ED, IIFL Home Finance Ltd).

The event started with a digital plantation of over 150 trees, which resonates with the theme 'Sustainable Tomorrow, Begins Today!'

"Affordable housing means how you are going to be able to give reach of finance to people, technology & innovation is our answer. Our Jhatpat Home Loan, a tablet-based model, helps deliver this in less than one hour. We have identified ten of the 17 Sustainable Development Goals, as defined by the United Nations, and are working for & towards them. Everyone must identify these goals for their organization", said Monu Ratra.

This was followed by sessions from leading industry experts sharing their views on green and sustainable living techniques.

"In a four-storey building, if you plant solar energy on the rooftop, it is sufficient to meet the energy demand for the entire building. Middle-level developer in a growing city is the biggest housing provider and their role is most significant. They make homes in bulk. We can do the ultimate good of green living because there is an opportunity of collective green", said Ashok B Lall, a pioneer in sustainable architecture.

"We have enabled 700 crore sq ft of green building. By 75th independence year of India, we will have enabled 100 crore sq ft green building", stated V Suresh.

"Climate change is not just an environmental problem but an economic problem too", said Neha Kumar.

"At Supra, our concept of living is 'Uninterrupted Lifestyle.' Thus, all our projects offer off-grid solutions to the end-consumer. We don't do regular projects, we only do green buildings. We don't do conventional projects at all. We have started doing solar-powered projects", said Chaitanya, Founder & MD of Supra Developers.

IIFL HFL presented itself as a 'Green Value Partner', partnering with the developers from Conception to Certification of the Green Building Project. The company has established eight such certified GVPs so far.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Fri, December 13 2019. 17:32 IST