The construction industry is one of the biggest consumers of non-renewable resources. Even after completion, most buildings continue to be responsible for huge CO2 emissions. Buildings in India already accounts for more than 30% of India’s electricity use, and two-thirds of the buildings that will exist in India by 2030 are yet to be built.

Although there has been substantial progress in the field of green buildings, there is still a lot to be done. The gap will exist until the user, the last link in the chain, does not demand “green”. We at IIFL Home Loans have identified a gap in the market between the new ways available to conserve energy during the life cycle of a building and the lack of knowledge about the Green Buildings concept with potential developers across the country. To address such issues, IIFL Home Loans has introduced Green Value Partner (GVP) that aims at reducing the negative impact on the environment by supporting the development of green affordable housing in India. The centre-piece of IIFL Home Loan’s strategy is scaling affordable and sustainable development for maximum impact.

Through GVP, we empower our community to innovate on the local level and then identify those solutions that can be replicated and scaled up across the country.