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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.

IIFL Home loans’ GVP Program has three components:

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To provide end-to-end assistance to the developers and work along with them throughout a project’s lifecycle, from concept to completion, ensuring the successful realization of the intended project’s vision and efficiencies.

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We have established an in-house technical team that offers an in-depth understanding to developers on green building methodologies and facilitates developers to comply with green building norms GRIHA and IGBC throughout a project’s lifecycle.

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We also provide developers with a no-cost consultation on green buildings.

Alignment with
Sustainable development
goals (SDGs)

It is an opportunity for every member of our community to reflect on what role they can play in enhancing our collective well-being for a more sustainable future. Our GVP approach is underpinned by our sustainable aspirations, which helps us set tangible targets for delivering sustainable business outcomes aligned to the United Nations Sustainable Development Goals (SDGs). Supporting sustainable and responsible growth, including delivering the SDGs, represents a significant opportunity for us.

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SDG 9

Industry, Innovation & Infrastructure

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SDG 10

Reduced Inequalities

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SDG 10

Sustainable Cities & Communities

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SDG 11

Climate Action

GVP Impact

IIFL Home Loans GVP program has facilitated the

pre-certification of

23green project

and

certification of

01green project