Tax breaks, other benefits for green building owners

The city government has planned to give incentives to the big property owners who will adopt the green building plan and install treated effluent waste and promote optimum utilisation of power and water resources.

Delhi Lieutenant Governor Najeeb Jung on Tuesday reviewed the plans of green buildings proposed in the Master Plan Delhi, 2021.

The Energy and Resources Institute (TERI), a not-for-profit policy research organisation, made a presentation at the LG secretariat.

“Promoting green building concept incorporates promoting optimal utilisation of water and energy resources at the site, self contained complexes in terms of on-site effluent treatment plants, waste management system and zero discharge in layout plans of plot size of 3,000 square metres and above,” the Lieutenant Governor’s secretariat said in a statement.
The city government is also considering property tax rebate, enhanced floor area ratio and ground coverage to the property owners on complying with the green building plans.
 “The TERI highlighted provisions related to green rating for integrated habitat assessment (GRIHA), policies adopted by other state governments and local bodies and other related issues,” it said.

At a meeting held at Lieutenant Governor’s secretariat on September 12, the stakeholders, heads of all local bodies, Delhi Development Authority and concerned departments were called to review process of creating green buildings.

The DDA was directed to finalise the draft regulations for approval by the Central Government.

“According to the draft for green buildings, a monitoring system will ensure continuous on site compliance and performance. The local bodies will take care of the entire system of green buildings in their respective jurisdictions,” it said.

The hospitals, commercial, industrial, hotels, restaurants, auto workshops, etc., constructed in a plot size of more than 3,000 sq meters, will have to make arrangements for primary effluent treatment within their premises once the proposal gets a nod from the Centre.
Mandatory underground water storage and rain water harvesting on the roof tops is also considered in the green building plan.