Delhi/NCR
Green buildings in Delhi can soon expect incentives for incorporating eco-friendly design features.
On September 16, LG reviewed the implementation of incentives for green buildings, as proposed in the master plan of Delhi 2021. The MPD 2021 was amended and a gazette notification issued on September 23, 2013 to incorporate green building concepts in layout plans of plots sized 3000 sq m and above. Features included on-site effluent treatment, solid waste management, energy efficiency and optimal usage of water to make these building “zero-discharge”.
LG also discussed incentives that could be given to builders for incorporating eco-friendly features. Enhanced floor area ratio (FAR), ground coverage, and property tax rebate are incentives being considered. Monitoring system to ensure on-site compliance and performance; and disincentives for non-compliance were also discussed.
Source:content.magicbricks.com/industry-news/delhi-ncr-real-estate-news/green-houses-in-delhi-may-soon-get-incentives/75891.html