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India’s Green Footprint

Sustainable Real Estate’s Growing Momentum in India


 On Point • India’s Green Footprint

Green Schemes
Are the Order of the Day
Green buildings are buildings that use fewer resources and have a lesser negative impact
on the environment compared to conventional buildings. They use less water, optimise
energy efficiency, conserve natural resources and generate less waste without compromising
the utility and comfort of occupiers. A green building is designed in such a manner that its
resource efficiency is attained not only during its operation and maintenance but also during
other stages of its lifecycle (i.e. - construction, redevelopment, and even demolition).
India’s green building footprint has grown considerably over the past six years. Initiatives
undertaken by occupiers and developers, as well as those by state and central governments,
have driven this progress. Floor area in green buildings grew by over 50% in 2009 despite an
overall sluggish macro-economic environment.

Figure 1: LEED Certified Green Building Footprint in India*

80
70 68
Built Up Area (mn sq ft)

60
50
40
30
23
20 15
10
0.02
0
2004 2008 2009 2012E
Source: Indian Green Building Council (IGBC)
* Includes office, residential, retail, hotel, educational, hospital and airports.
 On Point • India’s Green Footprint

Green Building Rating Systems in India


India currently has two major rating systems: LEED India, run New and Renewable Energy. The GRIHA rating system is slowly
by the Indian Green Building Council; and Green Rating for strengthening its presence alongside the more popular LEED India.
Integrated Habitat Assessment (GRIHA), a system developed by Currently there are only two GRIHA rated completed projects and
The Energy and Reasearch Institute (TERI) and the Ministry of about 40 are under evaluation.

Table 1: Major LEED India Certified Green Real Estate Projects in India
Building Type City Project Built Up Area (sq ft) LEED Rating
Airport Hyderabad Rajiv Gandhi International Airport 1,259,378 Silver
Exhibition Bangalore IMTMA’s Banglore International Center 1,481,040 Certified
Hospital Mumbai Kohinoor Hospital 227,432 Platinum
Hotel Bangalore ITC Royal Gardenia 737,294 Platinum
Office Bagmane World Technology Center 782,651 Gold
Bangalore
Xylem 525,000 Gold
Olympia Technology Park 1,800,000 Gold
Chennai
RMZ Millenia Business Park 1,717,635 Gold
Gurgaon ITC Green Centre 170,000 Platinum
Hyderabad CII-Sohrabji Godrej Green Business Centre 20,000 Platinum
Technopolis 775,000 Gold
Kolkata
Infinity Benchmark 560,535 Platinum
K. Raheja Corp. C 30 BKC 120,000 Gold
24X7 Park 1,800,000 Gold
Mumbai Mindspace Airoli, Building No 8 237,498 Gold
Hiranandani BG Building 95,000 Platinum
Kalpataru Square 326,937 Platinum
R&D Lab Hyderabad VIMTA Life Sciences Campus, Genome Valley 39,673 Gold
Source: Indian Green Building Council (IGBC)

Table 2: Major Projects Registered for LEED Certification


City Building Type Project Built Up Area (sq ft)
Commercial Building-IT Park Building No. 12, Madhapur 2,050,000
Hyderabad Retail & Commercial RMZ Esplanade 2,350,000
IT & ITeS SEZ Hill County SEZ - Stage I 1,980,000
Kolkata IT Special Economic Zone (IT SEZ) SP Infocity 1,468,632
Commercial Raheja Solaris 1,000,000
Raheja Platinum 1,300,000
Info City 2,581,000
Mumbai
Commercial Building-IT Park Building No.9, Herdilia 1,050,000
IT & ITeS SEZ Marathon Nexzone-Sanvo 3,000,000
Residential Tower Mahindra Splendour 1,400,000
NOIDA IT, SEZ Unitech Infopark SEZ 2,568,000

Table 3: Major GRIHA Rated Green Real Estate Projects in India


Building Type City Project Built Up Area (sq ft)
Educational Institute Kanpur Centre for Environmental Sciences and Engineering- IIT Kanpur 43,947
Office Pune Suzlon One Earth 816,172
Source: TERI- Green Rating for Integrated Habitat Assessment (GRIHA)
 On Point • India’s Green Footprint

Key Corporate Occupiers Setting the Pace


Wipro, Microsoft, Cognizant, ABN AMRO and hospital and hotels are also demanding green
TCS, along with other international and domestic spaces. Examples include:
corporate occupiers, have either developed, or are • Motorola and Modine Thermal Systems’
developing, energy efficient office spaces or large- factories are operating out of LEED certified
scale campuses: green buildings.
• LEED certification norms are being • ITC has developed ITC Royal Gardenia, which
implemented to manage Wipro’s building is a LEED Platinum rated building.
infrastructure as part of Wipro’s EcoEye charter • Lavasa Hotels has developed Hotel Fortune
(their ecological sustainability program). Select Dasve, which is a LEED Silver rated
• Microsoft has decided to adopt green building building.
techniques during renovation or construction of • Educational Institutes such as Hyderabad
new buildings in India. Institute of Technology and Management in
• Other occupiers such as Infosys, Computer Hyderabad, and Rane Institute for Employee
Associates and Oracle are also planning to Development in Chennai are operating out of
develop green office spaces to leverage the LEED certified green buildings.
financial and environmental benefits that they • Kohinoor Group has developed Kohinoor
provide. Hospital in Mumbai, which is a LEED Platinum
Other sectors such as manufacturing, education, rated building.

Table 4: Notable Occupier-Developed Green Buildings in India


Company LEED Rating Location Project
ABN Amro Platinum Ahmedabad ABN Amro Bank N.V.
Bank Gold Chennai ABN Amro Bank - Central Enterprises
Cognizant Gold Coimbatore Cognizant Green Campus
Microsoft Gold Hyderabad Microsoft Building 3
TCS Gold Chennai TCS Technopark
Wipro Platinum Gurgaon Wipro Technologies
Gold Hyderabad Wipro Special Economic Zone, Gopannapally,S1 & S2
Kochi Wipro Technologies SDB1
Noida Fast Track Building 1 & 2, Wipro Technologies
Pune Software Development Block 3
Silver Bangalore Wipro Special Economic Zone (EC) Tower “S2”
Wipro Special Economic Zone (SR) - Tower S3
Chennai Wipro Chennai Development Center- SEZ
 On Point • India’s Green Footprint

Major Developers Commit to a Green Future


In the small, but growing, demand for green Table 5: Notable Green Projects Under Construction by Major Developers in India
building space, regional and national developers Developer Project name Project Type Location
in India have responded with an array of new K Raheja Corp K Raheja Corp C 30 BKC Office Mumbai
projects. Construction of new green spaces for Private Limited Commercial Building at Hindustan Mills Office Mumbai
office buildings, residential units and retail malls K Raheja Universal Raheja Solaris Office Mumbai
is currently underway in cities throughout the Pvt. Ltd. Raheja Platinum Office Mumbai
country. Raheja Iridium Office Mumbai
Info City Office Mumbai
The beginnings of a mindset shift can be observed Kalpataru Limited Kalpataru Square Office Mumbai
with major players such as national developer K. Bullow IT Park Office Mumbai
Raheja Corp. committing to make all new projects Mahindra Mahindra Chloris Residential Faridabad
Lifespace Mahindra Splendour Residential Mumbai
LEED certified. Similarly, State Bank of India is
Developers Limited Mahindra Royale Residential Pune
offering a Green Home Loan Scheme with lower
Inorbit Malls (India) Alembic Mall Retail Vadodara
interest rates to support green residential projects.
Private limited Makarpura Mall Retail Vadodara

Indian Government Doing Its Part to Make Realty Greener


Some noteworthy steps have been taken by central and state buildings as energy efficient spaces.
authorities in India to support the environment and to help minimise
• The state governments of Andhra Pradesh, Maharashtra
the impact that the real estate industry has upon it.
and Karnataka are planning to develop their own green
• The Bureau of Indian Standards has developed the Energy building byelaws.
Conservation Building Code (ECBC) which, along with numerous At the recent Copenhagen Summit (COP 15), India was hailed a
other new policies by the Government of India, will support climate change deal-maker, a country that takes global climate
energy efficiency. change issues seriously. As a developing nation, India insisted that
• The Prime Minister of India has released the NAPCC (National carbon commitment pledges remain voluntary, instead of being
Action Plan on Climate Change), which reinforces the objectives subject to international enforcement.
of sustainable development and will shape India’s future
The Ministry of Environment and Forestry is confident that India can
development policy.
not only meet its pledge of cutting carbon emissions by 20-25 %
• India’s Ministry of Environment and Forestry has undertaken 24 by 2020 over 2005 levels, it can improve upon it. These initiatives
initiatives related to climate change. clearly indicate that India is on its way to integrated sustainable
development.
• The Government of India has proposed to develop all of its new
 On Point • India’s Green Footprint

Case Study - Vimta Labs


Vimta Labs, a leading contract research & testing organisation in India, has been providing support
to clients in the pharmaceutical and biotechnology industries across the globe since 1984. Although
headquartered in Hyderabad, Vimta Labs has a pan-India reach, with offices and laboratories in 4
states and 8 cities. With a staff of over 750 professionals, including nearly 500 scientists across various
disciplines of life sciences, the organisation offers testing and contract research services in several fields
which include:

• Clinical and pre-clinical studies


• Clinical reference
• Analytical testing
• Advanced molecular biology
• Environmental studies

The organisation is committed to the principles of sustainable development with safety, health and
environment being the top most priority areas. Vimta has implemented important green initiatives such
as recycling waste water, minimising energy consumption and reducing potable water usage.

In January 2010, Vimta Labs achieved LEED Gold certification through the Indian Green Building
Council (IGBC) for a pre-clinical laboratory, which is located within their 11 acre, 210,000 sq ft life
sciences campus in Shameerpet, Hyderabad.

Given Vimta Lab’s commitment to environmental protection, the concepts of sustainable design suitable
for its building type and location were taken into consideration from the pre-construction planning stage
itself. As the building was going to be a clinical testing facility, there were numerous challenges in
implementing green building techniques, including limited flexibility in design and budget. The proposed
design for the project was also going to increase the energy load of the building. To avert this, Vimta,
with the assistance of Jones Lang LaSalle, put in place measures to save energy and water, and reduce
waste in the building.

Vimta Labs Headquarters, Hyderabad, India


 On Point • India’s Green Footprint

Measures Undertaken to Make Vimta Labs Greener


Sustainable Sites
• Buses were provided as mass transport for the employees as the alternative to public transport.
• Plug points were provided as alternate refueling options for vehicles.
• Heat island effect was minimized by reduction of paved areas. 60% of the site was covered by green belt.
• Canopy trees were planted in the parking area to reduce the heat radiation from the paved area.
Saving Potable Water
• Potable water usage has been reduced by almost 40% in the building due to high efficiency plumbing
fixtures.
• Waste water treated in the sewerage treatment plant is used for irrigation purposes.
• Rain water harvesting was also implemented in the site which provided water for irrigation and
flushing purposes.
Saving Energy
• Energy efficient interior lighting, energy efficient HVAC and chillers, and solar water heaters were used
to reduce energy consumption.
• A triple glazing process was used on the building to reduce the heat intake considerably.
• Solar reflective paints were used on the roof to reduce heat island effect in the building.
Effective Resource Utilization
• Best practices in solid waste management were used for waste segregation. 95% of the construction
waste was diverted from the site efficiently.
• There was increased use of recycled and refurbished materials in the building.
• 50% of the materials were sourced from within 500 miles from the project site to support the local
economy and minimize transportation costs.
Enhanced Indoor Air Quality
• Walls were provided with air gaps to control indoor climate.
• CO2 censors were used to monitor and enhance the indoor air quality.
• Low VOC paints and MERV -17 filters used to improve indoor air quality.
• Ventilation rates were increased by 30%.

Energy Saving Parameters at Vimta Labs Green Achievements at Vimta Labs

SRI Paint Insulation Solat Water Heating Energy savings 22.5 %


2% 2%
Potable Water conservation 40 %
Interior Lighting Triple Glazing
20% 26% Resource Reuse 6%
Materials with recycle content 12%
HVAC System High Efficiency
25% Chillers
25%
Source: Jones Lang LaSalle-Energy & Sustainability Services
 On Point • India’s Green Footprint

Energy & Sustainability Services


Building sustainable solutions
Developed and developing economies are confronting the dual challenge of a growing demand for
diminishing resources combined with the need to reduce environmental impact.

Sustainability has increasingly become a crucial factor in the assessment of real estate options.
There is a growing awareness from property owners and occupiers that sustainability is a key factor
in evaluating asset potential or reporting on asset performance.

Jones Lang LaSalle stays ahead of global trends to ensure that our clients are in a position to
embrace and benefit from change in the ‘Green’ domain

Jones Lang LaSalle’s Energy & Sustainability Services provides practical advice backed up by a
range of sustainability services. This enables our clients to make sound commercial decisions that
support their sustainability objectives.

Our clients benefit from our access to regional and global best practices in sustainability as well as
our hands-on experience with day-to-day building management topped with operational and cultural
challenges that face today’s real estate decision makers.
Driving your successful outcomes
Jones Lang LaSalle offers a range of services for new, existing, or refurbishment projects to
optimize expenditure and maximize the results of sustainability initiatives.

Irrespective of a building’s lifecycle, each element can be improved by applying skills derived from
the ongoing management of many premium properties across Asia Pacific.

Our approach is based on the experience gained within our Property and Asset Management and
Integrated Facilities Management teams that currently manage close to 100 million sq ft in India in
the commercial, retail, and industrial space across the region.

Our services can be applied at various points of a building’s lifecycle. Our expertise can be
leveraged to work in harmony with existing design and construction teams to provide specialist
insight into features that impact final sustainability outcomes. These services include the following:

• Design and construction consulting


• Commissioning assistance
• Sustainability and energy management
• Energy and water audits, assessments, and improvement plans
• Asset acquisition profiling and repositioning advice
• Capital expenditure review
• Repairs and maintenance review
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by
expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2009 global revenue of USD2.5 billion,
Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property
and corporate facility management services, with a portfolio of approximately 1.6 billion square feet worldwide. LaSalle Investment Management, the
company’s investment management business, is one of the world’s largest and most diverse in real estate with approximately USD38 billion of assets under
management. For further information, please visit our website, www.joneslanglasalle.com.
Jones Lang LaSalle has over 50 years of experience in Asia Pacific, with over 18,500 employees operating in 75 offices in 13 countries across the region.

About Jones Lang LaSalle India


Jones Lang LaSalle is India’s premiere and largest professional services firm specializing in real estate. With an extensive geographic footprint across
ten cities (Delhi, Mumbai, Bangalore, Pune, Chennai, Hyderabad, Kolkata, Kochi, Chandigarh and Coimbatore) and a staff strength of over 3000, the firm
provides investors, developers, local corporates and multinational companies with a comprehensive range of services including research, consultancy,
transactions, project and development services, integrated facility management, property and asset management, capital markets, residential, hotels and
retail advisory. For further information, please visit www.joneslanglasalle.co.in

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REIS empowers you with consistent and complete market data and analyses for all real estate indicators by specific micro markets.
It is supplemented by value added services including client briefings, presentations and rapid market updates.

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Jones Lang LaSalle offices


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We would like to acknowledge the contributions of Trivita Roy, Senior Researcher, to this report.

COPYRIGHT © 2010 JONES LANG LASALLE. All rights reserved. No part of this publication may be published without prior written permission from Jones Lang LaSalle. The information in this
publication should be regarded solely as a general guide. While care has been taken in its preparation no representation is made or responsibility accepted for the accuracy of the whole or any part.
We stress that forecasting is a problematical exercise which at best should be regarded as an indicative assessment of possibilities rather than absolute certainties. The process of making forward
projections involves assumptions regarding numerous variables which are acutely sensitive to changing conditions, variations in any one of which may significantly affect the outcome, and we draw
your attention to this factor.

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