IIFL Home Finance launches India’s first handbook for affordable green housing

India’s leading home loan company, IIFLHome Finance has launched India’s first handbook for affordable greenhousing to provide consumers, builders and the construction ecosystem with adefinitive framework for building green homes. The handbook, conceivedby IIFL and renowned architect Ashok Lall, was recently launched at a virtualevent attended by leaders from the industry regulator, corporates, funds andsocially responsible housing community.

Speaking at launch, S K Hota, MD,National Housing Bank, the housing finance sector regulator said, “The need ofthe hour is to take green buildings to residential housing and, moreparticularly, to the ones in affordable housing segment. It is a myth thatgreen housing is only for the premium segment and is not viable for theaffordable housing segment.”

Monu Ratra, CEO, IIFL Home Finance, whohas been a pioneer through his green housing in India and brain behind thisbook said, “Books last forever and this handbook is our contribution towardssustainable affordable housing in India.”

Appreciating, IIFL Home Finance’sefforts, Susan Olsen, Senior Specialist, Private Sector Financial Institutions,South Asia – ADB said, “We need to find more companies like IIFL Home FinanceLtd. who have the vision to support green affordable housing construction.”

Commenting on the book, author and renownedarchitect Ashok B Lall said, “This is work in progress and this is making theright beginning towards sustainable affordable housing development in India.”

NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd B   READ MORE...
Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the