IGBC Grants Platinum Rating to Prive by Tata Housing

MUMBAI, February 22, 2016 /PRNewswire/ --

First Villa Project in India to Receive the Highest Rating from IGBC 

Tata Housing, one of the fastest growing real estate companies in the country, with the intent to build and design high performance buildings, today announced the receipt of platinum certification from IGBC (Indian Green Building Council) for its ultra-luxury housing project Prive, Lonavala. The evaluation process of the certification was based on parameters such as site selection and planning, water efficiency, energy efficiency, materials, internal environment quality and innovation and design process.

Prive by Tata Housing is designed based on the theme of open architecture where the outside landscape interacts with the indoor space. The project is architecturally distinct from its surroundings, incorporating various water and energy saving measures using several innovative and sustainable green materials. The project is designed in such a way that every structure and unit allows generous daylight and natural ventilation. This will encourage homeowners to save electricity by manually adjusting home settings to reduce energy use. With sustainability and environment friendliness at the epicentre, the project boasts of ample green and landscaped areas that are planned with native and adaptive vegetation to minimize water requirements.

Commenting on the achievement, Mr. Brotin Banerjee, MD and CEO, Tata Housing said, "Tata Housing has pioneered the concept of sustainable design since inception and follows an integrated and synergistic approach in order to deliver sustainable, smart and energy efficient projects. We at Tata Housing, follow the principles of green development predominantly keeping in mind customer satisfaction; as well-designed efficient buildings produce better indoor air quality and an overall healthier environment resulting in higher productivity and retention. Building energy efficient homes also helps lower operating cost in future as the buildings are easier to maintain."

In addition to water and energy conservation at Prive, the company is striving to preserve a century-old well that adds a rustic appeal to the otherwise contemporary design. Treated water shall be used for landscaping, and all apartments are fitted with low flow but efficient water fixtures. Rainfall over the whole area of the complex will be harvested and recharge 23 pits.

About Tata Housing: 

Established in 1984, Tata Housing is a closely held public limited company and a subsidiary of TATA Sons Limited. Tata Sons Limited holds 99.86% of equity share capital of the company.

Since its revival in 2006, the company has grown exponentially establishing itself as the fastest growing real estate developers in India with 70 million sq. under various stages of planning and execution and an additional 19 million sq. feet in the pipeline. Tata Housing has stood out in the industry with quality construction, ethical and transparent business practices, rapidly acquiring an image as a Quality Conscious and Reliable Developer.

Today, Tata Housing is developing large townships and differentiated theme-based projects in major and mini metros. As a comprehensive real estate developer of choice, Tata Housing straddles across all consumer segments from value to luxury housing, by offering products ranging from Rs. 12 lakhs to Rs. 14 crores. All projects developed by Tata Housing are certified sustainable green developments, designed by top internationally renowned architects. With strength of over 700 employees, and presence in Mumbai, Lonavala, Talegaon, Pune, Ahmedabad, Goa, Gurgaon, Chandigarh, Bengaluru, Chennai, Kolkata and Bhubaneswar; the company is now in the process of expanding its footprints to other parts of India across tier I and II cities. The company has also ventured into foreign markets such as Maldives and is actively exploring other markets including Sri Lanka and other South Asian countries.

Tata Housing has been receiving various industry recognitions and accolades, both on domestic and international platforms. For additional information, visit: http://www.tatahousing.in

Media Contact:
Avanti Shirname
[email protected]
+91-7506057764
Account Manager
Rediffusion/Edelman