Though India is one of the top three countries in terms of green buildings with a total footprint of 8.3 billion square feet,Telanganalags behind with a footprint of only 356 million sq ft,Indian Green Building Council(IGBC) Hyderabad chapter chairmanC ShekarReddy said.
He said the sops being provided by these states range from additional floor area ratio free of charge for projects above a certain rating, subsidies, reimbursements, reduction in permit fees and impact fees.
, on the other hand, offers only a 10% rebate on property tax which is not enough, he said. The GBC is to be held on the theme ‘Advancing Net Zero Buildings & Built-Environment‘ and will comprise a conference and an expo.