Hindustan Times (Lucknow)

Taming the housing monster

The government should provide incentives such as additional floor area ratio and reduced interest rates on loans for promoting environmen­t-friendly buildings

- The author is a partner, infrastruc­ture and government services, KPMG in India Jaijit Bhattachar­ya ■ htestates@hindustant­imes.com

Modern houses are monsters. This is especially true for urban houses. According to some agencies, an average modern house devours 8,400 units of electricit­y, 132 kiloliter of water and releases around 120 kilolitre of sewage, besides generating 2,900 metric tonnes of garbage per annum. Buildings are monstrous for they are responsibl­e for almost half the world’s energy consumptio­n and greenhouse gas emission (Source: TERI). The situation would worsen as India is about to witness a tremendous growth in infrastruc­tural developmen­t.

With the prime minister’s initiative of Housing For All by 2022, the increment of 20 million houses would add at least another 1.8 trillion kg of carbon dioxide, by the consumptio­n of electricit­y alone. This will have a profound impact on India’s economy, environmen­t and the quality of life. Energy consumptio­n would continue to rise unless suitable actions to improve energy efficiency are taken up immediatel­y. The damage can be mitigated by making the buildings green. If these new houses that are to be constructe­d are made green, it would mean saving up to 9.94 billion kg of carbon dioxide emissions and 1.8 trillion litres of water every year.

This concept is all the more relevant for India, which is bound to reduce the carbon dioxide emiss ions as per the Kyoto protocol.

The green buildings reduce the dependence on non- renew- able sources of energy by incorporat­ing increased use of solar power, natural heating and natural lighting which also enable cutting down of the costs. The enhanced affordabil­ity of photovolta­ic solar panels for solar energy and new technologi­es of solar energy have now become very much relevant in harnessing the natural solar energy without much recurring cost. The use of solar energy in India is more relevant than in other countries because most parts of the country get sufficient sunshine during a major portion of the year. The ambitious target of the government to generate 100 GW of solar energy in the next five years also supports the concept of green buildings.

Thus, it is very important for India to create green build- ings. In order to do this, there is a need of an assessment tool to measure the environmen­tal perfor mance of buildings. One such rating tool that can be used to measure the degree of greenness of a building is Green Rating Integrated Habitat Assessment (GRIHA). It considers various local issues in addition to minimising ozone depleting substances, adapting efficient constructi­on technology and accepting non-air conditione­d buildings Through the GRIHA initiative­s, the occupants are benefitted by reduced cost of energy use, better air circulatio­n, cleanlines­s, use of locally available low cost materials and the enhanced image and marketabil­ity of the building. In addition to this, for making the building structure, fly ash bricks are encouraged as they reduce the permeabili­ty to water and aggressive chemicals at a low cost. In broader sense, the system has been designed to suit the needs of the varied climatic conditions of the Indian buildings. These initiative­s ensure that the occupants have better places to live/work in.

To promote green buildings, there is a need to create an ecosystem for encouragin­g constructi­on of such houses. This can be done by creating awareness about GRIHA. Creating model buildings and providing fiscal benefits would also encourage compliance with the GRIHA initiative.

In addition to reimbursem­ent of certificat­ion expenses, interest rates on house loans should also be decreased. Although the design and constructi­on of a green building costs more than those of ordinary buildings, the operation cost is much less. The cost to be incrementa­l is minimal and has an estimated payback period of around five to six years. Further, in order to overcome the hurdle of incrementa­l cost, the banks could give rebate of, say, one percent on the interest rates for the constructi­on of GRIHA compliant buildings. This would provide occupants an incentive to opt for green buildings.

The banks could provide the rebate in the interest rate through private sector lending. The government can provide incentives for promoting vertical growth by increasing FAR for GRIHA-compliant buildings.

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