February 2019 - Colliers International

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February 2019 - Colliers International
08, February 2019
February 2019 - Colliers International
Planning the Sustainable
                Planning Way:
                         the Sustainable
                              Challenges Way:
                                         and the
                                              Challenges
                                                 Road Ahead
                                                         and the
                                                             | COLLIERS
                                                                 Road Ahead
                                                                        INTERNATIONAL
                                                                            | COLLIERS INTERNATIONAL

                                                                                                       | 04
February 2019 - Colliers International
Planning the Sustainable
                                                                       Planning Way:
                                                                                the Sustainable
                                                                                     Challenges Way:
                                                                                                and the
                                                                                                     Challenges
                                                                                                        Road Ahead
                                                                                                                and the
                                                                                                                    | COLLIERS
                                                                                                                        Road Ahead
                                                                                                                               INTERNATIONAL
                                                                                                                                   | COLLIERS INTERNATIONAL

 FOREWORD
     FOREWORD

                                Mr. Joe
                                      Mr.Verghese
                                          Joe Verghese
                                ManagingManaging
                                           Director Director
                                Colliers International
                                          Colliers International
                                                        India    India

 nfrastructure
            Infrastructure
                planning andplanning
                                sustainable
                                        and development
                                              sustainable development
                                                            go hand in handgo hand
                                                                                and none
                                                                                     in handcanand
                                                                                                 existnone
                                                                                                        without
                                                                                                            can the
                                                                                                                  exist without
other. For planning
            the other.to For
                          be aplanning
                                success,tohuman
                                            be a success,
                                                    involvement
                                                             human is mandatory.
                                                                       involvementIndia
                                                                                    is mandatory.
                                                                                          is home to India
                                                                                                        1.34 is
                                                                                                              billion
                                                                                                                  home to 1.34
people, almost
            billion
                 18%people,
                      of totalalmost
                                mankind,
                                     18%andof total
                                               one ofmankind,
                                                       the fewand
                                                                countries
                                                                     one of witnessing
                                                                            the few countries
                                                                                         urbanization
                                                                                                  witnessing
                                                                                                         at theurbanization
                                                                                                                 rate         at
of +34%. India
            the also
                 rate ranks
                      of +34%.
                             at 112
                                 India
                                    outalso
                                         of 156
                                             ranks
                                                 countries
                                                    at 112 out
                                                            (*)of– 156
                                                                   and countries
                                                                        these three
                                                                                  andfactors
                                                                                       these three
                                                                                               in tandem
                                                                                                      factors
                                                                                                            offer
                                                                                                               in tandem
                                                                                                                   an      offer
mmense opportunity
            an immense   to the
                             opportunity
                                 developedtocountries
                                                the developed
                                                         and the countries
                                                                    global agencies
                                                                               and theto focus
                                                                                           globaltheir
                                                                                                   agencies
                                                                                                        sustainable
                                                                                                                to focus their
efforts on India.
            sustainable efforts on India.

 ndia has improved
             India hasfromimproved
                               its 2017
                                      fromranking
                                             its 2017
                                                    of ranking
                                                        116 and ofthat’s
                                                                    116 anda step
                                                                               that’s
                                                                                  in the
                                                                                      a step
                                                                                           rightin direction
                                                                                                   the right with
                                                                                                              direction
                                                                                                                   the with the
potential to potential
              achieve to theachieve
                              global the
                                       sustainability
                                           global sustainability
                                                       targets for targets
                                                                     the entire
                                                                              for the
                                                                                   mankind,
                                                                                       entire for
                                                                                               mankind,
                                                                                                    the next
                                                                                                           for several
                                                                                                                the next several
generations!generations!
               Thus, it is absolutely
                              Thus, it imperative
                                         is absolutely
                                                    for theimperative
                                                             world to support
                                                                         for theIndia
                                                                                   world
                                                                                       withtotechnical
                                                                                                 supportwherewithal
                                                                                                           India with technical
and financialwherewithal
               support in itsandendeavor
                                  financial to
                                             support
                                                have sustainable
                                                      in its endeavor
                                                                   development
                                                                          to have sustainable
                                                                                   for all.       development for all.

 ndia has shown
            India hasthe shown
                           inclination
                                   the inclination
                                        to exceed to   theexceed
                                                            sustainable
                                                                    the sustainable
                                                                          targets andtargets
                                                                                          has come
                                                                                                 and hasa long
                                                                                                             come way a long
                                                                                                                         in way in
 mplementingimplementing
               the Sustainable the Development
                                    Sustainable Development
                                                     Goals (SDGs).Goals
                                                                      There(SDGs).
                                                                            is a focused
                                                                                      Therepolicy
                                                                                              is a level
                                                                                                     focused
                                                                                                           thrustpolicy
                                                                                                                   by the level thrust
governmentby  forthe
                   thegovernment
                        key initiatives
                                     for like
                                          the Smart
                                              key initiatives
                                                       Cities. NITI
                                                                like Aayog
                                                                      Smart has
                                                                             Cities.
                                                                                  been
                                                                                     NITIat Aayog
                                                                                            the forefront
                                                                                                    has been  in tracking
                                                                                                                 at the forefront in
 ndia’s progress
            tracking
                   in theIndia’s
                           implementation
                                  progress of in the
                                                   theSDGs.
                                                        implementation
                                                               However, we of need
                                                                                the aSDGs.
                                                                                       lot more
                                                                                              However,
                                                                                                 integrationwe between
                                                                                                                  need a lot more
the Centre integration
             and the States between
                                 for policies,
                                      the Centre  funding
                                                      and the
                                                            andStates
                                                                   implementation
                                                                        for policies,asfunding
                                                                                          we goand forward.
                                                                                                       implementation
                                                                                                                The vast as we go
differences forward.
             in the infrastructure,
                          The vast differences
                                       resourcesinand   thescale
                                                             infrastructure,
                                                                   of development
                                                                               resources
                                                                                     acrossandvarious
                                                                                                  scale states
                                                                                                          of development
                                                                                                                  require      across
each state to
            various
                have specific
                       states require
                                 plans and eachpolicies
                                                  state toandhave
                                                               the Centre
                                                                    specificneeds
                                                                              plans toandcontinue
                                                                                            policiesto and
                                                                                                        support
                                                                                                             the Centre
                                                                                                                   all the needs to
States and varying
            continuepolicies.
                         to support all the States and varying policies.

Realizing this
            Realizing
                need forthis
                           decentralization
                              need for decentralization
                                               of planning, the  of NITI
                                                                    planning,
                                                                          Aayogthe
                                                                                 tracked
                                                                                      NITI the
                                                                                            Aayog
                                                                                                progress
                                                                                                    tracked of the
                                                                                                               all States
                                                                                                                    progress of all
and UTs on States
             62 Priority
                     and UTs
                           Indicators
                                on 62 Priority
                                        selectedIndicators
                                                    by the SDG  selected
                                                                   India Index
                                                                           by the
                                                                                last
                                                                                  SDG year.
                                                                                         India
                                                                                             One
                                                                                               Index
                                                                                                  suchlastState
                                                                                                             year.
                                                                                                                 thatOne
                                                                                                                       hassuch State
made significant
            that has
                   progress
                       made significant
                               in achievingprogress
                                               its SDGs in isachieving
                                                               West Bengal.
                                                                        its SDGs
                                                                               The isState
                                                                                       Westhas
                                                                                             Bengal.
                                                                                                been Thein the
                                                                                                             State
                                                                                                                forefront
                                                                                                                    has been in the
of green planning
            forefrontandofdevelopment
                           green planning andand is one
                                                    development
                                                         of the few  and
                                                                       states
                                                                          is one
                                                                               that
                                                                                 of the
                                                                                     formed
                                                                                         few states
                                                                                              the Green
                                                                                                      that City
                                                                                                            formedMission
                                                                                                                      the Green City
way back inMission
               2017 towayfocus
                             backoninenvironment
                                       2017 to focus  protection
                                                         on environment
                                                                    and sustainable
                                                                              protectiondevelopment.
                                                                                           and sustainable
                                                                                                         West development.
                                                                                                                 Bengal’s        West
serious concern
            Bengal’s
                   for air
                       serious
                            quality,
                                  concern
                                      water for
                                             resources,
                                                  air quality,
                                                             waste
                                                                 water
                                                                     management
                                                                        resources,and waste
                                                                                          climate
                                                                                              management
                                                                                                   change issues
                                                                                                               and climate
                                                                                                                       has change
been an integral
            issuespart
                     has been
                           of itsan
                                  planning
                                     integral to
                                               partpromote
                                                     of its planning
                                                               sustainable
                                                                       to promote
                                                                             growth sustainable
                                                                                       and healthygrowth
                                                                                                      life style
                                                                                                              and for
                                                                                                                   healthy
                                                                                                                        its life style
citizens.   for its citizens.

 thank CREDAII thankBengal
                      CREDAIfor Bengal
                                giving us
                                        for this
                                              giving
                                                  opportunity
                                                      us this opportunity
                                                                 to partner towith
                                                                                 partner
                                                                                    them with
                                                                                           for the
                                                                                                themBengal
                                                                                                      for the
                                                                                                            Global
                                                                                                                Bengal Global
Business Summit-
             Business2019.
                         Summit-
                            I hope that
                                    2019.
                                        Colliers
                                             I hopeInternational
                                                        that Colliers
                                                                   India’s
                                                                         International
                                                                           report on ‘Planning    the Sustainable
                                                                                        India’s report   on ‘Planning the
Way: Challenges
             Sustainable
                      and Way:
                            the Road
                                  Challenges
                                        Ahead’and      the Road
                                                   brings    to theAhead’
                                                                      forefront,
                                                                            bringsthe
                                                                                    to the
                                                                                       key forefront,
                                                                                             progress the
                                                                                                       thatkeyIndia,
                                                                                                                progress that
particularly,India,
              the State
                    particularly,
                         of West the
                                  Bengal,
                                      Statehasof West
                                                 madeBengal,
                                                         in sustainable
                                                                 has made planning.
                                                                             in sustainable planning.

                                                                                                                                                    | 02      | 02
February 2019 - Colliers International
Planning the Sustainable
                           Planning
                                Way:the
                                      Challenges
                                        Sustainable
                                                 andWay:
                                                     the Road
                                                         Challenges
                                                              Aheadand
                                                                    | COLLIERS
                                                                        the RoadINTERNATIONAL
                                                                                 Ahead | COLLIERS INTERNATIONAL

03 |        03 |
February 2019 - Colliers International
Planning the Sustainable
                                                                          Planning
                                                                               Way:the
                                                                                     Challenges
                                                                                       Sustainable
                                                                                                andWay:
                                                                                                    the Road
                                                                                                        Challenges
                                                                                                             Aheadand
                                                                                                                   | COLLIERS
                                                                                                                       the RoadINTERNATIONAL
                                                                                                                                Ahead | COLLIERS INTERNATIONAL

FOREWORD
     FOREWORD

                                Mr. Nandu
                                      Mr. Nandu
                                          Belani Belani
                                Director Chairman, Belani Group
                                Belani Group
                                          & President, CREDAI Bengal

rem ipsum dolor
            Infrastructure
                    sit amet,and  consectetur
                                    real estate adipiscing
                                                 taken together
                                                              elit, issed
                                                                        a major
                                                                           do eiusmod
                                                                                  sector that
                                                                                           tempor
                                                                                               propels
                                                                                                    incididunt
                                                                                                        far-ranging
                                                                                                                  ut labore
                                                                                                                       development of the
dolore magnaeconomy.
                 aliqua.Over
                           Ut enim
                                 the past
                                       ad minim
                                           7 yearsveniam,
                                                    we havequis
                                                              witnessed
                                                                      nostrud how exercitation
                                                                                    the West Bengal
                                                                                                ullamcoState
                                                                                                           laboris
                                                                                                              Government
                                                                                                                     nisi ut has laid great
quip ex ea commodo
            emphasis consequat.
                          on strengthening
                                         Duis aute
                                                existing
                                                    irureand
                                                           dolor
                                                               building
                                                                    in reprehenderit
                                                                            new infrastructure.
                                                                                          in voluptate
                                                                                                   This velit
                                                                                                         has esse
                                                                                                               included
                                                                                                                      cillum
                                                                                                                           under its ambit,
 ore eu fugiat
            townships,
               nulla pariatur.
                           road networks,
                                   Excepteurindustrial
                                                sint occaecat
                                                          infrastructure
                                                                 cupidatatetc. nonCompared
                                                                                     proident, to
                                                                                                sunt
                                                                                                  2010-11,
                                                                                                      in culpa
                                                                                                             physical
                                                                                                                 qui officia
                                                                                                                         infrastructure has
serunt mollitgrown
               anim byid almost
                          est laborum
                                   4 times.* Thus it has also become important to understand the sustainability quotient of
            such proliferation of infrastructure.
d ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium,
am rem aperiam,
            As industry
                     eaqueinfluencers
                              ipsa quae ab  andillo
                                                  entrepreneurs,
                                                    inventore veritatisI believe
                                                                              et quasi
                                                                                   urbanarchitecto
                                                                                           and regional
                                                                                                      beatae
                                                                                                          planners
                                                                                                                vitae have
                                                                                                                        dicta to guide this
nt explicabo.change.
               Nemo enimIt is important
                               ipsam voluptatem
                                            for urban quia
                                                         planning
                                                            voluptas   professionals
                                                                          sit aspernaturto create
                                                                                            aut oditrevitalization
                                                                                                      aut fugit, sed projects,
                                                                                                                         quia addressing
nsequuntur population
             magni dolores growth,eosenvironmental
                                        qui ratione voluptatem
                                                       degradation,sequi and resource
                                                                              nesciunt.scarcity.
                                                                                           Neque porro
                                                                                                    Planning
                                                                                                           quisquam
                                                                                                               is also necessary
                                                                                                                          est,       in new
  dolorem ipsum
            and existing
                    quia dolor
                             communities,
                                   sit amet, consectetur,
                                              which requireadipisci
                                                                extensive  velit,
                                                                               development
                                                                                   sed quia nonand numquam
                                                                                                    improved infrastructure,
                                                                                                                 eius modi        including
mpora incidunt
            housing,
                 ut labore
                        roadsetanddolore
                                      highways,
                                          magnam  water
                                                     aliquam
                                                         and sewer
                                                               quaerat   systems,
                                                                             voluptatem.
                                                                                     schools,
                                                                                            Ut health
                                                                                               enim adcare
                                                                                                         minima
                                                                                                            facilities,
                                                                                                                    veniam,
                                                                                                                        and parks.
 s nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi
nsequatur? InQuis
                shortautem
                       we have vel toeum
                                       keepiure
                                             on striving
                                                  reprehenderit
                                                          to createqui  andinimplement
                                                                                ea voluptate
                                                                                           responsible
                                                                                                 velit esse
                                                                                                        planning-policies
                                                                                                               quam nihil to match our
 lestiae consequatur,
            global peers. vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?

 vero eos etOver
               accusamus
                    the past four
                              et iusto
                                   years,
                                        odioit has
                                                dignissimos
                                                    been an immensely
                                                                ducimus educative
                                                                           qui blanditiis
                                                                                     journey
                                                                                          praesentium
                                                                                              to have co-partnered
                                                                                                         voluptatumwith the West
 eniti atque Bengal
               corrupti
                      Government
                           quos dolores
                                    for hosting
                                              et quas
                                                    a sectoral
                                                           molestias
                                                                sessionexcepturi
                                                                         at the Government’s
                                                                                   sint occaecati
                                                                                                annual
                                                                                                     cupiditate
                                                                                                       investmentnonsummit ‘Bengal
ovident, similique
             Global sunt
                      Business
                           in culpa
                                  Summit’
                                     qui officia
                                              (BGBS).
                                                    deserunt
                                                         It has mollitia
                                                                 helped industry
                                                                         animi, idand
                                                                                    est government
                                                                                        laborum et dolorum
                                                                                                      peers dissect
                                                                                                                fuga. a plethora of
 harum quidemsignificant
                  rerumaspects
                           facilis est
                                   of real
                                        et expedita
                                             estate anddistinctio.
                                                           infrastructure.
                                                                     Nam libero tempore, cum soluta nobis est
gendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis
 uptas assumenda
             The sectoral
                      est, omnis
                             session
                                   dolor
                                       thisrepellendus.
                                              year, with knowledge
                                                             Temporibus partner
                                                                          autemColliers
                                                                                  quibusdam
                                                                                          International
                                                                                               et aut officiis
                                                                                                        will provide
                                                                                                               debitis a platform to
   rerum necessitatibus
             discuss and deliberate
                               saepe eveniet
                                          on the ut  opportunities,
                                                         et voluptatesunique
                                                                           repudiandae
                                                                               advantages sint
                                                                                            in investing
                                                                                                 et molestiae
                                                                                                          and development
                                                                                                                 non           of an
cusandae. Itaque
             ecosystemearumwhich
                               rerum
                                  can propel
                                        hic tenetur
                                                 a resilient
                                                          a sapiente
                                                              and environment-friendly
                                                                       delectus, ut autgrowth
                                                                                            reiciendis
                                                                                                  of West
                                                                                                        voluptatibus
                                                                                                           Bengal.
 iores alias consequatur aut perferendis doloribus asperiores repellat
             I thank Colliers International for collaborating with us as Knowledge Partner for this sectoral session at
             BGBS 2019 and I hope that this report on ‘Planning the Sustainable Way : Challenges and the Road Ahead’
             will essay the urgent need for responsible management of resources leading to sustainable development.

               *As per a World Bank Report 2016

                                                                                                                                                                 | 04
February 2019 - Colliers International
Planning the Sustainable Way: Challenges
                             Planning           and the
                                      the Sustainable   Road
                                                      Way:   Ahead | COLLIERS
                                                           Challenges           INTERNATIONAL
                                                                      and the Road Ahead | COLLIERS INTERNATIONAL

       India isIndia
                urbanising
                      is urbanising India’s  current India’s
                                    5.3 billion square
                                                      green building
                                                     5.3 feet   (492.6
                                                          billion
                                                                        footprint
                                                               current green
                                                                        million
                                                                   square
                                                                                   is about
                                                                                building
                                                                            feet square
                                                                                           footprint is ab
                                                                                 (492.6 million square

       rapidly,rapidly,
                with anwith an meters)        , ranked  second, ranked
                                                     meters)       only to second
                                                                            the United
                                                                                    only to the United                                            3            3

                                    States. Policymakers,
                                                     States. developers
                                                                Policymakers,anddevelopers and

       estimated    2017 urban
               estimated   2017 urban
                                    corporations are    increasinglyare
                                                     corporations       identifying   the identifying the
                                                                           increasingly
                                    environmental, environmental,
                                                      social and economic
                                                                        social benefits
                                                                                and economicof    benefits
                                    adopting greenadopting
                                                      initiatives.green initiatives.
       population    of 34%,of 34%,Various state governments
               population                            Various stateincluding
                                                                      governmentsPunjab,including Punjab
       compared     to the to the 11.4%
               compared             Haryana,    West  Bengal,
                                                     Haryana,
                                    2) offer incentives
                                                     2) offer
                                                                 Maharashtra
                                                                  West  Bengal,
                                                           suchincentives
                                                                  as a higher
                                                                                (see   Figure
                                                                                  Maharashtra
                                                                                floor
                                                                             such  as space
                                                                                                  (see Fig
                                                                                        a higher floor sp
       11.4% inin 1904
                   1904..
                        11          index, financialindex,
                                                      assistance
                                    for green developments.
                                                                     andassistance
                                                              financial   faster clearances
                                                                   Making a building
                                                     for green developments.
                                                                                       and faster cleara
                                                                                    Making a building
                                                                            green focuses green
                                                                                            on water   efficiency,
                                                                                                   focuses         energy
                                                                                                             on water  efficiency, energy
       By 2030, the country
                        By 2030,  is expected
                                      the country to be    home to beefficiency,
                                                      is expected             home      the sustainability
                                                                                            efficiency, theofsustainability
                                                                                                               materials andof materials and
       to seven mega-cities
                        to sevenwith    a population
                                     mega-cities     withabove
                                                            a populationresources
                                                                             above 10 and resources
                                                                                             indoor environmental
                                                                                                        and   indoor quality
                                                                                                                     environmental   quality
       10 million 2, nearly  600
                        million 2
                                    million Indians
                                  , meaning    nearlyor600  40% million Indians
                                                                            control.or      control.
       of the country's40%population     will likelypopulation
                               of the country's        live in       will likely live
       cities. This demands     a systemic
                        in cities.              change
                                     This demands          in
                                                         a systemic    change in
       urban planningurban
                         and sustainable
                                planning and   development,
                                                   sustainable development,  Our estimates,          along withalong with
                                                                                              Our estimates,
       otherwise thereotherwise
                          will likelythere
                                        be tremendous
                                              will likely be tremendous
       pressure on civic    infrastructure
                        pressure      on civic leading     to
                                                infrastructure      leading to
       environmental environmental
                        degradation and       air pollution.
                                           degradation                       industry analysts
                                                             and air pollution.               industryindicate
                                                                                                            analyststhat  indicate that
       Therefore, holistic   city planning
                        Therefore,     holisticiscity
                                                   required    to is required to
                                                        planning
       deal with issues    such
                        deal  with asissues
                                       water such
                                              supply, as water supply, the initial incremental                   capital
                                                                                              the initial incremental           capital
       electricity, waste   management,
                        electricity,   rubbishtraffic   snarls
                                                 management,         traffic snarls
       and pollution. Urban     planningUrban
                        and pollution.      in India    needs to
                                                    planning     in India needs to
       be a creative andbe ascientific
                              creativeprocess        to meet
                                          and scientific        the to meet
                                                              process        investment
                                                                                    the         of 8-10 % of
                                                                                              investment         in 8-10
                                                                                                                     a       % in a
       enormous goals     of upgrading
                        enormous       goalsthe
                                              of cities   to the cities to
                                                  upgrading
       support the growing
                        support population,
                                    the growing while    providingwhile providing
                                                    population,
       momentum to support
                        momentum    the to
                                        government’s
                                           support the 2015
                                                                             building’s green
                                                             government’s 2015
                                                                                                       development
                                                                                              building’s                     can
                                                                                                               green development
       Smart Cities Mission
                        Smart at     the same
                                 Cities  Mission time.
                                                    at the same time.
                                                                                                                                   be recovered in two to three
                                                                                                                                            be recovered   in two to three
       Fig. 1                             Fig. 1
                                                             Urbanisation Urbanisation
                                                                          in India     in India
                                                                                                                                   years due years
                                                                                                                                             to the due
                                                                                                                                                     large
                                                                                                                                                         to savings  in savings
                                                                                                                                                             the large
                  11.4%                              11.4%
                1904 census                       1904 census                                                                      energy andenergy
                                                                                                                                              resource
                                                                                                                                                    and costs.
                                                                                                                                                         resource
                                                                                                                                                               4
                                                                                                                                                                  costs.4

                  28.5%                              28.5%                                                                      Sustainability has  been taught
                                                                                                                                                Sustainability   hasasbeen
                                                                                                                                                                        the core   of as the core o
                                                                                                                                                                              taught
                2001 census                       2001 census
                                                                                                                                urban planningurban
                                                                                                                                                 and architecture
                                                                                                                                                        planning and   forarchitecture
                                                                                                                                                                            years, yet for years, y
                                                                                                                                widespread adoption     has been
                                                                                                                                                widespread          lacking.
                                                                                                                                                              adoption     hasAlthough
                                                                                                                                                                                been lacking. Altho
                                                                                                                                the Green Ratingthefor  Integrated
                                                                                                                                                    Green   Rating Habitat
                                                                                                                                                                      for Integrated Habitat
                   31.1%                              31.1%                                                                     Assessment (GRIHA)       organisation
                                                                                                                                                Assessment     (GRIHA)has      devised has devis
                                                                                                                                                                            organisation
                  2011 census                        2011 census

                                                                                                                                a rating programme     in programme
                                                                                                                                                a rating  India, it is exclusively
                                                                                                                                                                          in India, itfor
                                                                                                                                                                                       is exclusively
                                                                                                                                the residential the
                                                                                                                                                sector,  and onlysector,
                                                                                                                                                    residential      the Central
                                                                                                                                                                            and only the Central
                  34.0%                              34.0%                                                                      Public Works Department
                                                                                                                                                Public Works of Department
                                                                                                                                                                 India has included
                                                                                                                                                                                 of India has includ
               2017(estimate)                    2017(estimate)
                                                                                                                                its mandate. its mandate.

       1
           World Bank                     1
                                              World Bank
       2
           UN World Cities Report 2016    2
                                              UN World Cities Report 2016
       3
           IGBC                           3
                                              IGBC

05 |                  05 |
           See also: India Achieves 5 Billion Sq.also:
                                            See    Ft. Green  Building Footprint.
                                                       India Achieves             CIIFt.
                                                                       5 Billion Sq.  - Indian
                                                                                         GreenGreen  Building
                                                                                               Building       Council,
                                                                                                        Footprint. CII -2018
                                                                                                                         Indian Green Building Council, 2018
       4                                  4
February 2019 - Colliers International
Planning the Sustainable Way: Challenges
                                                                              Planning           and the
                                                                                       the Sustainable   Road
                                                                                                       Way:   Ahead | COLLIERS
                                                                                                            Challenges           INTERNATIONAL
                                                                                                                       and the Road Ahead | COLLIERS INTERNATIONAL

                                                            Fig. 2               Fig. 2

                                                            States States
                                                                   providing benefitsbenefits
                                                                          providing
                                                            for GREEN   BUILDINGS
                                                                   for GREEN  BUILDINGS

                                                                       The Government  TheofGovernment
                                                                                              India (GoI) has   several
                                                                                                            of India (GoI) has several
                                                                       programmes, as    noted below,astonoted
                                                                                       programmes,           meet below,
                                                                                                                   the to meet the
                                                                       burgeoning infrastructure
                                                                                       burgeoning needs      and improve
                                                                                                     infrastructure   needs and improve
                                                                       the overall development
                                                                                       the overallofdevelopment
                                                                                                      cities. We of cities. We
                                                                       recommend that     these programmes
                                                                                       recommend      that thesebeprogrammes
                                                                                                                     more       be more
                                                                       well integratedwell
                                                                                        across   government
                                                                                             integrated   acrossagencies  and agencies and
                                                                                                                  government
                                                                       local authorities so that
                                                                                       local       the desired
                                                                                              authorities        objectives
                                                                                                           so that  the desired objectives
                                                                       are achieved. are achieved.
 olliers International Source:
                       India Research
                               Colliers International

                                                                                Smart Cities Mission
                                                                                             Smart Cities Mission
                                                                                Housing for allHousing for all
                                                                                Atal Mission for
                                                                                              AtalRejuvenation
                                                                                                   Mission for and
                                                                                                               Rejuvenation and
most development
             As mostindevelopment
                         India is led byin the
                                           India is led by the Urban Transformation  (AMRUT)
                                                                           Urban Transformation   (AMRUT)
ate sector, private
             we believe    thatwe
                      sector,   there  mustthat
                                   believe    be there must be
   push and both
             pull to increase
                   push         thetogreen
                          and pull     increase the green      HRIDAY (National Heritage
                                                                           HRIDAY        City Heritage City
                                                                                    (National
ding footprint  in India.
             building      Incentives
                       footprint        and Incentives and
                                  in India.                    Development Development
                                                                           and Augmentation
                                                                                         and Augmentation
  rnmental programmes
             governmentalshould      push should push
                              programmes                       Yojana)     Yojana)
  lopers to increase
             developersconstruction
                           to increaseofconstruction
                                           green        of green
dings whilebuildings
              clearer articulation
                        while clearer    articulation of the National Mission
                                      of the                                  on sustainable
                                                                           National Mission on sustainable
efits of occupying
             benefitsgreen   buildingsgreen
                       of occupying      shouldbuildings shouldhabitat     habitat
 in end-users.
             pull in end-users.
                                                                                Clean India mission
                                                                                             Clean India mission

                                                                                                                                                     | 06            | 06
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                                Way: Challenges  and the Way:
                                         the Sustainable Road Challenges
                                                              Ahead | COLLIERS   INTERNATIONAL
                                                                         and the Road Ahead | COLLIERS INTERNATIONAL

                                                   Adopting the United
                                                          Adopting  the Nations
                                                                        United Nations
                                                   Sustainable Development
                                                          sustainable        Goals goals
                                                                      development
       In 2015, the GoI made     a commitment
                          In 2015,   the GoI made   at athe  UN
                                                           commitment         TheUN
                                                                          at the    SDGs are a comprehensive
                                                                                                  The SDGs are adevelopment
                                                                                                                      comprehensive   agenda
                                                                                                                                           development a
       General AssemblyGeneral
                            to implement
                                    Assembly  the to
                                                  Sustainable
                                                     implement the Sustainableto be implementedtoby  bethe  countries based
                                                                                                         implemented     by theon     their based on th
                                                                                                                                    countries
       Development Goals     (SDGs). It involved
                          Development                  makingIt cities
                                            Goals (SDGs).                     nationalcities
                                                                  involved making        circumstances
                                                                                                  nationaland  feasibility. The
                                                                                                            circumstances        andSDGs
                                                                                                                                      feasibility. The SDG
       smart, sustainablesmart,
                            and engines      of progress
                                   sustainable    and enginesby 2030
                                                                   of progressconsist   of 17 goalsconsist
                                                                                  by 2030            with 169  targets
                                                                                                           of 17  goals as
                                                                                                                         with a continuation
                                                                                                                                  169 targets as a contin
       in addition to the in
                          goals   of ending
                             addition   to thepoverty,
                                                 goals ofproviding
                                                             ending poverty,ofproviding
                                                                                 the Millennium of  Development
                                                                                                     the MillenniumGoals    . India is Goals5. India is
                                                                                                                        Development
                                                                                                                          5

       housing and basichousing
                            services   to basic
                                     and  all by services
                                                  the earlyto   2020s.        focused
                                                                  all by the early       on the goals
                                                                                     2020s.            for which
                                                                                                  focused   on thedata   is for
                                                                                                                     goals    available.
                                                                                                                                   which data is available
       The National Institution   for Transforming
                          The National     Institution forIndia
                                                              Transforming India
       Aayog (NITI Aayog)     has (NITI
                          Aayog    been Aayog)
                                          entrusted haswithbeentheentrusted with
                                                                              At thetheend of 2018,
                                                                                                  At NITI  Aayog
                                                                                                      the end      tracked
                                                                                                               of 2018,   NITItheAayog
                                                                                                                                    progress
                                                                                                                                          tracked the pro
       responsibility of overseeing    the of
                          responsibility     implementation
                                                overseeing theofimplementationof all states
                                                                                        of and union
                                                                                                  of all territories
                                                                                                         states and on    62 priority
                                                                                                                       union    territories on 62 priority
       SDGs while the Ministry     of Statistics
                          SDGs while                and of Statistics andindicators selected
                                         the Ministry                                                by the SDG
                                                                                                  indicators       India by
                                                                                                               selected   Index.    BelowIndia
                                                                                                                               the SDG      is Index. Bel
       Programme Implementation
                          ProgrammeisImplementation
                                           entrusted with is entrusted the     withsnapshot of thetheperformance
                                                                                                       snapshot of in theFigure    3.
                                                                                                                           performance      in Figure 3.
       developing a national    indicator
                          developing        framework
                                        a national          for framework for
                                                      indicator
       measuring the targets     associated
                          measuring             with the
                                        the targets         SDGs. with the SDGs.
                                                       associated

           Fig. 3                         Fig. 3
                                                                                                                                                   Performance Snapshot of SDGs
                                                                                                                                                                  Performance Snapshot of S
       When reading SDG
                      WhenIndia  Index
                            reading    Scores
                                     SDG  Indiawithin
                                               Index each
                                                      Scoresgoal,
                                                              within each goal,
       leading states/UTs  canstates/UTs
                      leading  be identified
                                          canunder each goal
                                              be identified under each goal                                                                                                 Goal 6: Clean water & Goal 6: Clean water
                                                                                                                                                                            Sanitation            Sanitation
                                                                                 Goal 4: Quality                Goal 4: Quality                                             Gujrat, Chandigarh,             Gujrat, Chandigarh,
                                                                                 Education                      Education                                                   Dadra & Nagar                   Dadra & Nagar
             Goal 1: No Poverty             Goal 1: No Poverty                                                                                                              Haveli, Lakshwadeep             Haveli, Lakshwadeep
                                                                                 Kerela & Chandigarh             Kerela & Chandigarh
            Tamil Nadu& Puducherry Tamil Nadu& Puducherry

                                                                                                     Goal 5: Gender                  Goal 5: Gender                                   Goal 7: Affordable             Goal 7: Affo
                                                                                                     Equality                        Equality                                         & Clean energy                 & Clean ene
       Goal 2: Zero Hunger              Goal 2: Zero Hunger                                        Kerela, Sikkim,                   Kerela, Sikkim,
                                                                                                   Andaman & Nicobar                 Andaman & Nicobar
                                                                                                                                                                                      Tamil Nadu &                    Tamil Nadu &
       Goa and Delhi                    Goa and Delhi    Goal 3: Good health                   GoalIsland
                                                                                                    3: Good health                                                                    Chandigarh                      Chandigarh
                                                                                                                                     Island
                                                         & well being                          & well being
                                                                Kerela & Puducherry            Kerela & Puducherry

       Goal 10: Reduced Inequality
                           Goal 10: Reduced Inequality
                                                                                                                                                                                    Goal 8: Decent work & Goal 8: Decen
       Meghalaya, Mizoram, Telangana,  Dadra
                              Meghalaya,  Mizoram, Telangana, Dadra                                                                                                                 economic growth       economic grow
       & Nagar Haveli, Daman && Diu,
                                NagarLakshadweep
                                       Haveli, Daman & Diu, Lakshwadeep                                       Goal 9: Industry, Innovation
                                                                                                                                    Goal 9:& Industry, Innovation &
                                                                                                              Infrastructure        Infrastructure              Goa & Daman & Diu                                   Goa & Daman &
                                                                                                              Manipur, Delhi & Puducherry
                                                                                                                                     Manipur, Delhi & Puducherry

                                                                                                                                                                                  Goal 13: Peace, justiceGoal 13: Peace
                                                                                                                                                                                  & strong institutions & strong instit
                                                                                                                                                                                   Himachal Pradesh &             Himachal Prade
                                                                                                                                                                                   Puducherry                     Puducherry
                                                         Goal 11: Sustainable Goal 11: Sustainable
                                                         cities and communitiescities and communities
                                                         Goa, Andaman &                  Goa, Andaman &
                                                         Nicobar Islands
                                                                                                Goal 12: Life on Land Goal 12: Life on Land
                                                                                         Nicobar Islands
                                                                                                Assam, Chhattisgarh, Goa, Manipur,
                                                                                                                       Assam,      Odisha, Uttrakhand,
                                                                                                                              Chattisgarh,             Dadra
                                                                                                                                           Goa, Manipur,     & Uttrakhand, Dadra &
                                                                                                                                                         Odisha,
       Source: NITI Aayog               Source: NITI Aayog                                      Nagar Haveli, Lakshadweep
                                                                                                                       Nagar Haveli, Lakshwadeep

       5   The Millennium Development5 Goals    were the eight
                                          The Millennium       international
                                                          Development        development
                                                                         Goals            goals
                                                                               were the eight    for the yeardevelopment
                                                                                               international  2015 that had been
                                                                                                                          goals forestablished following
                                                                                                                                    the year 2015         the been
                                                                                                                                                    that had  Millennium  Summit
                                                                                                                                                                   established     of the United
                                                                                                                                                                               following         Nations in
                                                                                                                                                                                          the Millennium    2000, of the United Nations
                                                                                                                                                                                                          Summit
           following the adoption of the United Nations
                                          following     Millennium
                                                    the adoption     Declaration
                                                                  of the United Nations Millennium Declaration

07 |                  07 |
February 2019 - Colliers International
Planning the Sustainable Planning
                                                                                             Way: Challenges  and the Way:
                                                                                                      the Sustainable Road Challenges
                                                                                                                           Ahead | COLLIERS   INTERNATIONAL
                                                                                                                                      and the Road Ahead | COLLIERS INTERNATIONAL

martSmart
      Cities Cities
ission
     Mission
Smart Cities    Mission,
         The Smart        together
                       Cities Mission, together
 Housingwith
           for All, is planned
               Housing    for All,tois planned to
 tate implementation     of the priority
         facilitate implementation       of the priority
ainable Development       Goals
         Sustainable Development          Goals
Gs), namely   poverty,
         (SDGs),        employment,
                    namely   poverty, employment,
basic amenities.
         and basic amenities.
overnment aims     to build 20 million
             The government      aims toaffordable
                                           build 20 million affordable
 6
   for urbanhomes
               poor by6
                         2022
                        for     andpoor
                            urban   initiated  the and initiated the
                                         by 2022
  Cities Mission
             Smartin 2015
                      CitiestoMission
                               sustainably
                                      in 2015develop
                                                 to sustainably develop
ties across 100
              the country   making
                   cities across  thethem   citizen
                                      country    making them citizen
 y by providing   environment-friendly
             friendly                      urban
                        by providing environment-friendly      urban
 ructure where    all smart facilities
             infrastructure    where allcan  easefacilities can ease
                                          smart
 fe.         their life.

mart Cities The
             Mission
                   Smartis an  urban
                            Cities     renewal
                                    Mission    is an and
                                                       urban renewal and
tting programme     by theprogramme
             retrofitting    GoI with the   bygoal    of with the goal of
                                                the GoI
ating city functions,
             integratingefficiently   utilisingefficiently
                            city functions,       scarce utilising scarce
 ces and improving
             resources theand
                            quality   of life.the
                                improving       It isquality of life. It is
d with the SDGs
             alignedand   addresses
                       with   the SDGs  issues    relating issues relating
                                           and addresses
ic services to
             including    clean water
                 basic services           and clean water and
                                    including
tion, inclusive  city planning,
             sanitation,           development
                           inclusive   city planning, of development of
 al and social  infrastructure,
             physical    and socialrecycling     and
                                      infrastructure,      recycling and
of waste, and    useofofwaste,
             reuse        renewables,
                                  and use  among      other
                                             of renewables,      among other
s.           factors.

 three yearsIntotheMarchthree2018,
                                yearstheto Smart
                                            March Cities
                                                     2018, the Smart Cities
 n utilised less   than utilised
              Mission      5% of itslesstotal  project
                                            than   5% of its total project
t, which hasbudget,
                led to criticism
                          which hasofled  thetolagging
                                                  criticism of the lagging
mentation. However,         looking However,
              implementation.         at it differently,
                                                    looking at it differently,
 nly 5% of thewithfunds
                     onlyutilised
                             5% of 7the, the  programme
                                           funds    utilised7 , the programme
ot burnt through
              has not its burnt
                           budget.  With 95%
                                  through           of the With 95% of the
                                              its budget.
ted INR2.03budgeted
                trillion (USD28.7        billion) (USD28.7
                             INR2.03 trillion       still left, billion) still left,
an consider onethe initial    spending
                    can consider       theasinitial
                                               part spending
                                                     of the       as part of the
mentation, returning        deep insight
              implementation,                and lessons
                                     returning      deep insight and lessons
 ure projects.forThe    successful
                   future     projects.implementation
                                          The successful implementation
 remaining budget        can build on
              of the remaining            the experience
                                      budget     can build on the experience
 first 5% of ofthethe
                    budget,
                        first 5%with
                                   of city
                                       the and     areawith
                                             budget,      levelcity and area level
firmly in place
              planswhenfirmlyfurther  funding
                                in place    whenisfurther funding is
 ed.          allocated.

of Housing and Urban Affairs, Government
                  6 Ministry              of India
                              of Housing and Urban Affairs, Government of India
 es.gov.in         7   Smartcities.gov.in

                                                                                                                                                                  | 08              | 08
February 2019 - Colliers International
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                                Way: Challenges  and the Way:
                                         the Sustainable Road Challenges
                                                              Ahead | COLLIERS   INTERNATIONAL
                                                                         and the Road Ahead | COLLIERS INTERNATIONAL

       Three Three
             factors          for success
                   factors for success

                          Colliers International believes there are three important factors for successful implementation of large-s
                          initiatives such as the Smart Cities Mission. First is the political willingness, with a policy framework be
       Colliers International believes there are three important factors for successful implementation of large-scale
                          subset of this factor. The second factor is financial strategies for implementation, and lastly technical
       initiatives such as the Smart Cities Mission. First is the political willingness, with a policy framework being a
                          wherewithal to execute the project successfully.
       subset of this factor. The second factor is financial strategies for implementation, and lastly technical
       wherewithal to execute the project successfully.

                                                                                                           Currently it is difficult for Urban Local Bodies
                                           Political will and                (ULBs) to gain access to credit to support the
                                                         Currently it is difficult for Urban Local Bodies
                                           policy
                                Political will and framework                 cities initiative due to their historically poor
                                                         (ULBs) to gain access to credit to support the smart
                                                                             creditworthiness, lack of assets to be offered a
                                policy framework         cities initiative due to their historically poor
                                                                             collateral and opaque financial reporting. More
                                                                    creditworthiness, lack of assets to be offered as
                                                                                         recently, ULBs have started improving their fin
                                                                    collateral and opaque financial reporting. More
                                                                                         transparency; however, the quality of reporting
                          The Indian bureaucracy has shown a rare   recently, ULBs have started improving their financial
                                                                                         inconsistent across the country. To continue th
                          collaboration between the national government       and however, the quality of reporting is
                                                                    transparency;
       The Indian bureaucracy has shown a rare                                           momentum of the smart cities project, the
                          the states, with the prime minister’s office  and the across the country. To continue the
                                                                    inconsistent
       collaboration between the national government and                                 government has realised the to need improve t
                          national Ministry of Urban Development momentum
                                                                     (MoUD)        of the smart cities project, the
       the states, with the Prime Minister’s Office and the                              creditworthiness of ULBs. As ULBs’ credit rat
                          working in tandem with states and municipalities.
                                                                    government   Byhas realised the need to improve the
       national Ministry of Urban Development (MoUD)                                     improve, additional financing mechanisms like
                          December 2018, most selected cities have  creditworthiness of ULBs. As ULBs’ credit ratings
       working in tandem with states and municipalities. By                              municipal bonds should become available.
                          developed a process to take the projectsimprove,
                                                                      towards additional financing mechanisms like
       December 2018, most selected cities have
                          award, execution and commissioning. municipal bonds should become available.
       developed a process to take the projects towards                                  The national government has two additional re
       award, execution and commissioning.                                               streams, green bonds and infrastructure lease
                                                                    The national government has two additional revenue
                                                                                         Green Bonds are used to fund clean energy pr
                                                                    streams, green bonds and infrastructure leases.
                                                                                         Companies that raise money through these bon
                                                                    Green Bonds are used to fund clean energy projects.
                                                                                         must invest the proceeds in areas that are
                                                                    Companies that raise money through these bonds
                                           Identified funding                            environmentally friendly such as renewable en
                                                                    must invest the proceeds in areas that are
                                                                                         waste management, clean transport or sustain
                                           sources
                                Identified funding                  environment friendly such as renewable energy,
                                                                                         land use. Looking to the future, we expect the
                                                                    waste management, clean transport or sustainable
                                sources                                                  government to take advantage of concessions,
                                                                    land use. Looking to the future, we expect the
                                                                                         including tax exemptions, to increase domestic
                                                                    government to take advantage of concessions,
                                                                                         demand for green bonds. Furthermore, issuing
                          In the last three years, various marketingincluding
                                                                       schemes,tax exemptions,    to increase domestic
                                                                                         sovereign green bond would be a clear signal
                                                                    demand
                          financing and implementation strategies for smart    for green  bonds.  Furthermore,   issuing a
       In the last three years, various marketing schemes,                               government’s support for sustainability and the
                                                                    sovereign
                          cities have been debated. Projects with steady and     green  bond  would   be a clear signal of the
       financing and implementation strategies for smart                                 environment, making green bonds more attrac
                                                                    government’s
                          assured cash flow such as sewage treatment plants,         support  for sustainability and the
       cities have been debated. Projects with steady and                                investors.
                          toll roads, parking and health centres areenvironment,
                                                                       easily        making green bonds more attractive to
       assured cash flow such as sewage treatment plants,
                          marketable and can be financed through investors.
                                                                      a                  Monetizing infrastructure, converting non-reve
       toll roads, parking and health centres are easily
                          public-private partnership (PPP) model.                        generating assets into sources of revenue, is a
       marketable and can be financed through a                     Monetizing infrastructure, converting non-revenue
       Public-Private Partnership (PPP) model.                                           additional source of funding for smart cities. W
                          Funding of medium-term projects, such generating
                                                                     as exhibitionassets into sources of revenue, is an
                                                                                         recommend leasehold rights for land allotted
                          and convention centres with inconsistentadditional
                                                                       cash flow,source of funding for smart cities. We
                                                                                         alongside such infrastructure initiatives be on
       Funding of medium-term projects, such as exhibition          recommend leasehold rights for land allotted
                          should largely be managed by the national                      99-year lease, rather than the current practice
       and convention centres with inconsistent cash flow,          alongside such infrastructure initiatives be on a
                          government and state schemes, as well as                       30-year lease. This would make these projects
       should largely be managed by the national                    99-year    lease, rather than the current practice of a
                          borrowing from various development banks.       Funding        investor-friendly and provide more certainty fo
       government and state schemes, as well as                     30-year    lease. This would make these projects more
                          for long term projects can come from charges      levied       investors looking for an eventual exit from the
       borrowing from various development banks. Funding            investor-friendly    and provide more certainty for
                          for using smart facilities, user fees, impact  fees and        projects. demand for green bonds.
       for long term projects can come from charges levied          investors looking for an eventual exit from these
                          beneficiary charges, among other sources.
       for using smart facilities, user fees, impact fees and       projects.
       beneficiary charges, among other sources.

09 |            09 |
Planning the Sustainable Planning
                                                                   Way: Challenges  and the Way:
                                                                            the Sustainable Road Challenges
                                                                                                 Ahead | COLLIERS   INTERNATIONAL
                                                                                                            and the Road Ahead | COLLIERS INTERNATIONAL

rmore, issuing a sovereign green bond would
ear signal of the government’s support for
 ability and the environment, making green
more attractive to investors.

                       Technological
                       acumen
              Technological
              acumen
              On the technology front, the Smart Cities Mission
              marries physical and technology infrastructure,
e technology front, the Smart Cities Mission
              where data analytics and advanced software
es physical and technology infrastructure,
              automatically manage various functions including
   data analytics and advanced software
              street lighting, water treatment plants and traffic.
 atically manage various functions including
  lighting, water treatment plants and traffic.
              Implementation of such a smart city requires
              massive bandwidth. The competitive information and
mentation of such a smart city requires
              communications technology (ICT) sector in India
 ve bandwidth. The competitive information and
              ensure bandwidth availability and competitive
 unications technology (ICT) sector in India
              pricing. Late entrants like Reliance Telecom have
e bandwidth availability and competitive
              forced other players to remove bottlenecks in their
 g. Late entrants like Reliance Telecom have
              networks and reduce pricing, resulting in an
d other players to remove bottlenecks in their
              expanding technology infrastructure which can
 rks and reduce pricing, resulting in an
              support the ICT requirements of smart cities.
 ding technology infrastructure which can
 rt the ICT requirements of smart cities.
              The technological expertise acquired from
              developing smart cities in India, combined with the
  chnological expertise acquired from
              existing Make-in-India programme and the easing of
oping smart cities in India, combined with the
              regulations on multinationals manufacturing in India
ng Make-in-India programme and the easing of
              have opened opportunities abroad. As domestic
 tions on multinationals manufacturing in India
              momentum for the smart cities initiative grows, India
opened opportunities abroad. As domestic
              is poised to become the exporter of smart city.
 ntum for the smart cities initiative grows, India
              solutions after the first wave of smart cities is
sed to become the exporter of smart city.
              commissioned, starting in 2022-23.
ons after the first wave of smart cities is
 issioned, starting in 2022-23.become the
ter of smart city solutions after the first wave
art cities is commissioned, starting in
 23.

                                                                                                                                        | 10              | 10
Planning the Sustainable Way: Challenges Planning
                                                and the Road  Ahead | COLLIERS
                                                         the Sustainable        INTERNATIONAL
                                                                         Way: Challenges and the Road Ahead | COLLIERS INTERNATIONAL

       Smart Cities.
         Smart   Citie
       PlanningPlanning
               for the next phase
                        for the next phase

11 |                            11 |
Planning the Sustainable Way: Challenges Planning
                                         and the Road  Ahead | COLLIERS
                                                  the Sustainable        INTERNATIONAL
                                                                  Way: Challenges and the Road Ahead | COLLIERS INTERNATIONAL

With the political will With
                        and the    political will and policy frameworks
                              policy
frameworks firmly in firmly
                         place,inthe
                                   place,  the teething hiccups already
                                       teething
hiccups already overcomeovercome
                               andand thethe  project contracting, and
                                            project
contracting, and fundingfunding   mechanisms identified, the road ahead is
                             mechanisms
                        leading
identified, the road ahead    is to successful
                                  leading    to implementation of the
                        Smart Cities
successful implementation        of theMission.
                                          Smart We believe the critical
                        factor the
Cities Mission. We believe      for successful
                                     critical implementation is the
                        transfer of ownership
factor for successful implementation           is of the projects to private
                        agencies.
the transfer of ownership     of theTheprojects
                                          private sector offers the capability,
to private agencies. Thebandwidth
                             privatenotsector
                                          to mention the funding mechanism
                        for executionnot
offers the capability, bandwidth         andtoefficient implementation in a
                        time bound manner.
mention the funding mechanism            for
execution and efficient implementation in
a time bound manner.

                                                                                         | 12                                   | 12
Planning the Sustainable
                       PlanningWay:
                                the Sustainable
                                     Challenges Way:
                                                and the
                                                     Challenges
                                                        Road Ahead
                                                                and |the
                                                                      COLLIERS
                                                                         Road Ahead
                                                                                INTERNATIONAL
                                                                                    | COLLIERS INTERNATIONAL

       Kolkata
          Kolkata
       Attempting
               Attempting
                  to renewtothe
                              renew
                                health
                                     theofhealth
                                           the city
                                                 of the city

       West BengalWest
                     opted Bengal
                             out ofopted
                                     the Smart
                                          out ofCity
                                                 the Mission
                                                      Smart City mission
                                                                      Fig. 4                        Fig. 4               Noteworthy Investments
                                                                                                                                     Noteworthy Investments
                                                                                                                                                 in         in
       and initiatedand
                     its initiated
                          own Greenits City
                                       own Mission
                                            Green City
                                                     instead
                                                         mission instead                                                 Sustainable Development
                                                                                                                                     Sustainable Development

       The Green City
                   The Mission
                        Green City
                                envisages
                                     Missionimplementation
                                              envisages implementation of                               In August 2018, Asian Development Bank
       of sustainable
                   sustainable
                      strategiesstrategies
                                  to supporttooverall
                                               supportcity
                                                         overall city                                                      In August 2018, Asian Development Bank approved
                                                                                                        approved a financing    package of INR17.4 billion
                                                                                                                           a financing package of INR17.4 billion (USD245
       development.development.
                      The Urban Development
                                   The Urban Development
                                                  Department Department is                              (USD245 million)million)
                                                                                                                             to provide    safe, safe,
                                                                                                                                     to provide   sustainable
                                                                                                                                                        sustainable drinking water
                                                                                                        drinking water service
                                                                                                                           servicetotomillions   of people
                                                                                                                                       millions of   peopleininthree districts of
       is the implementing
                   the implementing
                            agency foragency
                                        the Green
                                                for the
                                                     CityGreen City Mission                             three districts of West   Bengal     affected   by
                                                                                                                           West Bengal affected by arsenic,      fluoride, and
       Mission in West
                   in West
                        Bengal,
                            Bengal,
                                 withwith
                                      the the
                                          statestate
                                                 government
                                                      government                                                           salinity.
                                                                                                        arsenic, fluoride, and       The project
                                                                                                                                salinity.          is planned
                                                                                                                                            The project     is to provide
       sponsoring the
                   sponsoring
                       project. the project.                                                            planned to provide continuous potable water metered
                                                                                                                           continuous   potable   water   through
                                                                                                                           connections to about 390,000 individual
                                                                                                        through metered connections         to about 390,000
                                                                                                                           households in the districts of North 24 Parganas,
                                                                                                        individual households    in the
                                                                                                                           Bankura   anddistricts     of NorthThis project plays a
                                                                                                                                           Purba Medinipur.
       The missionThe aimsmission
                              to focusaims
                                         on to
                                             environmental
                                                focus on environmental                                  24 Parganas, Bankura
                                                                                                                           pivotaland
                                                                                                                                   rolePurba     Medinipur.
                                                                                                                                        in reducing    poisoning from arsenic and
       protection and
                    protection
                         sustainableand sustainable
                                         developmentdevelopment
                                                          across the across the                         This project playsfluoride
                                                                                                                            a pivotal   role
                                                                                                                                     while     in reducing
                                                                                                                                            preserving   groundwater and
                                                                                                        poisoning from arsenic     andresilience
                                                                                                                           enhancing     fluoride towhile
                                                                                                                                                       climate change.
       city. In 2017,city.
                       West In Bengal’s
                               2017, West  Green
                                              Bengal’s
                                                   CitiesGreen
                                                           MissionCities Mission                        preserving groundwater and enhancing
       identified target
                    identified
                           areastarget
                                    and developed
                                           areas andaction
                                                         developed
                                                                plans.action plans.                     resilience to climate change.
       The missionThe aimedmission
                               to trigger
                                      aimed extensive
                                              to triggerdevelopment
                                                           extensive development
                                                                                                                            In April 2018, Poland launched a new programme -
       across 1,937across
                      schemes  1,937
                                   at schemes
                                       an estimated
                                                  at ancost
                                                          estimated
                                                               of       cost of                                             the ‘West Bengal Project’ to strengthen bilateral
       INR6.53 billion
                    INR6.53
                        8
                                 billion8million)
                           (USD92.2       (USD92.2 in itsmillion)
                                                          first year
                                                                   in its first year of                                     cooperation
                                                                                                        In April 2018, Poland            withaIndia
                                                                                                                                  launched      newand facilitate greater
                                                                                                                            collaboration in the mining sector. The proposed
       of implementation.
                    implementation.
                               The schemes The schemes
                                                 involve green
                                                             involvespace
                                                                       green space                      programme - the ‘West       Bengal Project’ to
                                                                                                                            solutions are not only aimed at increasing mining
                                                                                                        strengthen bilateral   cooperation    with India   andrelate to
       development, development,
                       high mast lighting,
                                        high mast
                                                sustainable
                                                     lighting, sustainable
                                                                public         public                                       output  and productivity,
                                                                                                        facilitate greater collaboration
                                                                                                                                                      but also
                                                                                                                                            in the miningand safety, clean coal
                                                                                                                            environmental sustainability
       transport, installation
                    transport, of  installation
                                      CCTV security,
                                                  of CCTV conservation
                                                              security, conservation                    sector. The proposed     solutions
                                                                                                                            technologies,    are not
                                                                                                                                          energy       only efficient
                                                                                                                                                  generation,
       of water bodies,
                    of waterdevelopment
                                 bodies, development
                                             of road medians/of road medians/                           aimed at increasing    mining output
                                                                                                                            transportation       and related areas.
                                                                                                                                            and other
                                                                                                        productivity, but also relate to environmental
       central reservation,
                    central reservation,
                                landscaping landscaping
                                                and tree planting,
                                                                and tree planting,                      sustainability and safety, clean coal
       among otheramongprojects.
                               other projects.                                                          technologies,
                                                                                                    Source:               energy
                                                                                                            Asian Development Bank,generation,  efficient
                                                                                                                                   The Economic Times
                                                                                                        transportation and other related areas.
       The adoptionThe of adoption
                           the GreenofCitythe Mission
                                               Green City
                                                        andMission
                                                              other and other
                                                                                Source: Asian Development Bank, The Economic Times
       green buildinggreen
                         programmes
                             building programmes
                                         by the state by government
                                                             the state government
       is planned toissave
                        planned
                              resources
                                  to saveand resources
                                                 mitigateand mitigate
       environmental environmental
                         impacts. Adopting
                                       impacts.  guidelines
                                                   Adoptingand  guidelines andWest BengalWest        allowsBengala 10%  allows a 10%
       monitoring benchmarks
                     monitoring benchmarks
                                    are critical to arethe
                                                         critical
                                                            success
                                                                  to the
                                                                      of success      of
                                                                              additional        floor
                                                                                                  additional
                                                                                                         space floorindexspaceif     index if
       this project, this
                      and project,
                            we recommend
                                    and we recommend
                                                routine programme
                                                               routine programme
                                                                              developers adopt    developersa green   adopt
                                                                                                                          ratinga green rating
       monitoring to monitoring
                        ensure resource
                                   to ensure  conservation
                                                 resource conservation
                                                               and          and
                                                                              system. However,    system,sometimes
                                                                                                                 but these incentives
                                                                                                                                 the         are
       environmental environmental
                         goals are achieved.
                                       goals are achieved.                    incentives are      notnotlinkedlinkedwith with
                                                                                                                            actual building
                                                                              actual building     performance.
                                                                                                        performancewhich This may result in
       The state government
                     The state government
                                  has also garnered
                                                  has alsoinvestment
                                                              garnered investment
                                                                              may result in       poorpoor performance
                                                                                                               performance       compared to
       from institutions
                     from and
                            institutions
                                 countries and(see
                                                 countries
                                                    Figure (see
                                                              4) forFigure 4) compared
                                                                               for              toconventional
                                                                                                     conventionalbuildings. We
       developmentdevelopment
                       of the state ofandthetowards
                                               state and
                                                       sustainability.
                                                           towards sustainability.
                                                                              buildings. We       recommend
                                                                                                      recommend        improved building
                                                                              improved building   monitoring monitoring
                                                                                                                      and fines  andfor
                                                                              fines for non-compliance.
                                                                                                  non-compliance.         TheThe performance
                                                                              performanceshould      shouldbebemeasuredmeasuredon a graduated
                                                                              on a graduated      basis,basis,
                                                                                                            requiring
                                                                                                                    requiringimprovement, not
                                                                              improvement,        justnotadhering
                                                                                                             just adhering
                                                                                                                         to a minimal
                                                                                                                                   to
                                                                              a minimal standard. standard.

       8   Media report, West8 Bengal
                                Media urban
                                      report,department
                                              West Bengal urban department

13 |       13 |
Planning the Sustainable
                                                                    PlanningWay:
                                                                             the Sustainable
                                                                                  Challenges Way:
                                                                                             and the
                                                                                                  Challenges
                                                                                                     Road Ahead
                                                                                                             and |the
                                                                                                                   COLLIERS
                                                                                                                      Road Ahead
                                                                                                                             INTERNATIONAL
                                                                                                                                 | COLLIERS INTERNATIONAL

                                                                  1937
                                                                    1,937
                                                                     extensive
                                                                             extensive
                                                                               development
                                                                     schemesschemes
                                                                                       development

                                                                          9.5 9.5 + 6 + 0.6
                                                                                         MN SQ FT MN SQ FT MN SQ FT                               MN SQ FT

inrinr
    6.536.53
         bn bn
stimated Cost
            Estimated
mplementation
              in the first
                        Cost
            implementation
                           year
                             in of
                                the first year of
                                                                           Grade A office
                                                                                       Grade
                                                                                          space          Under-development
                                                                                             A office space           Under-development
                                                                                                         office space office space

                                                    Rajarhat Rajarhat
                                  KolkataKolkata

                                                                                                                                                  | 14       | 14
PlanningWay:
       Planning the Sustainable the Sustainable
                                     Challenges Way: Challenges
                                                and the         and |the
                                                        Road Ahead       Road Ahead
                                                                      COLLIERS      | COLLIERS INTERNATIONAL
                                                                                INTERNATIONAL

       The satelliteThe
                     citysatellite
                           of New city
                                    Town, of Rajarhat,
                                             New Town,    is Rajarhat,
                                                             a           is a
                                                                                                                        Activities/PoliciesActivities/Policies
                                                                                Fig. 5     Fig. 5
                    high   growth  commercial
       high growth commercial area and under intensearea   and   under  intense                                               in Sustainable      in Sustainable
       development. development.
                       Currently it Currently     it hassquare
                                     has 9.5 million       9.5 million square                                         Development       Development
                                                                                                                                            Space             Space
                    feet 9
                           (882,900    square   metres)
       feet (882,900 square metres) of Grade A office
            9                                                of Grade   A  office
       space with anspace   with an600,000
                        additional    additional    600,000
                                                square     feet square feet            Renewable Energy
       (55,762 square metres) of office space underspace under
                    (55,762   square    metres)    of  office                                        Renewable Energy
       development, development,
                      in addition to in the
                                         addition   to the new residential
                                             new residential
                                                                                                  The State Government is planning to
                    and infrastructure
       and infrastructure    development.   development.
                                              In areas with    In areas with                      install a grid-connected    solar roof-top      PV
                                                                                                                   The State Government      is planning to install
       such intensesuch    intense development,
                      development,     constructionconstruction
                                                         and            and                       system in government       buildings
                                                                                                                   a grid-connected      including
                                                                                                                                      solar  roof-top PV system
                    demolition
       demolition (C&D)     waste(C&D)
                                   is oftenwaste   is often
                                              created          created in large
                                                          in large                                                 in government
                                                                                                  buildings of local   bodies. All buildings
                                                                                                                                    state including buildings
                                                                                                  government       of local bodies.
                                                                                                                departments     and All
                                                                                                                                     allstate  government
                                                                                                                                          district
                    quantities.   We  believe   that   sustainability
       quantities. We believe that sustainability should                should                                     departments and all district magistrates
                                                                                                  magistrates have been involved in
       be infused inbedevelopment
                        infused in development         practices, including
                                       practices, including                                                        have been involved in implementation of the
                                                                                                  implementationprogramme.
                                                                                                                    of the programme.       The Renewable
                                                                                                                                The West Bengal
                    stringent   implementation
       stringent implementation of C&D waste         of C&D     waste                             West Bengal Renewable        Energy Agency is the
                                                                                                                   Energy Development
       managementmanagement         rulesinintegrated
                      rules integrated                     in building by-laws.
                                              building by-laws.                                   Development Agency       is the agency
                                                                                                                   implementing    implementing
                                                                                                                                           for the programme.
                    Emerging     micromarkets
       Emerging micromarkets require robust urban  require    robust   urban                      agency   for the programme.
       planning andplanning
                      should aimand to
                                    should    aim to
                                        minimise     theminimise
                                                          impact of the impact of
                    construction    and   rapid  urbanisation.
       construction and rapid urbanisation. To achieve              To achieve
                    the  Green   City  Mission   goals,
       the Green City Mission goals, monitoring of         monitoring    of            Clean Transportation
                                                                                                     Clean Transportation
                    building
       building design        design anduse
                         and materials,      materials,
                                                 of energy  use of energy
                    efficient and
       efficient technology    technology
                                   complianceand compliance
                                                   with the        with the                        The Department of Environment is
                                                                                                                   The Department of Environment is financing
                    sustainability   guidelines
       sustainability guidelines are essential.    are  essential.                                 financing the introduction    of 20
                                                                                                                   the introduction of 20 compressed natural
                                                                                                               compressed natural      gas buses
                                                                                                                               gas (CNG)    (CNG)inbuses      in
                                                                                                                                                      the Asansol    and
                                                                                                               the Asansol and    Durgapur
                                                                                                                               Durgapur    areaarea   as of
                                                                                                                                                 as part  part
                                                                                                                                                             their clean fuel
                     The state government
       The state government                      of West
                                   of West Bengal,    which Bengal, which                                      of their clean fuel  initiative.
                                                                                                                               initiative.       CNG are less polluting than
                                                                                                                                           CNG vehicles
                     has  shown     serious  concern
       has shown serious concern for air quality, water for  air quality, water                                vehicles are less   polluting
                                                                                                                               diesel         than
                                                                                                                                       or petrol     diesel
                                                                                                                                                  buses. Theor Durgapur–Asansol
                     resources     and  waste   management,       is now                                                       region
                                                                                                               petrol buses. The        has an abundant supply of coal bed
                                                                                                                                    Durgapur–Asansol
       resources and waste management, is now                                                                                  methane, which      should  keep the fuel
                     integrating    climate  change   in  its planning,  to                                    region has an abundant       supply   of coal
       integrating climate change in its planning, to                                                                          transport cost to a minimum.
                                                                                                               bed methane, which should keep the
                     promote    sustainable    growth
       promote sustainable growth and a healthy life    and   a  healthy  life                                 fuel transport cost to a minimum.
                     styles  for  its citizens. Figure   5
       styles for its citizens. Figure 5 shows the list of  below    shows   the
                     list of initiatives  that
       initiatives that the state government isthe  state  government     is
       implementing. implementing.                                                          Waste Management
                                                                                                     Waste Management
                                                                                                               The Kolkata Solid Waste Improvement
                                                                                                               Project is an integrated
                                                                                                                                 The Kolkatamunicipal
                                                                                                                                                Solid Waste solid
                                                                                                                                                               Improvement Project
                                                                                                               waste management         system involving
                                                                                                                                 is an integrated   municipal solid waste
                                                                                                               six municipalitiesmanagement      system involving
                                                                                                                                     around Kolkata.        One      six
                                                                                                               compost plant in  municipalities   around Kolkata. One compost
                                                                                                                                    each municipality
                                                                                                                                 plant in each municipality complements one
                                                                                                               complements one common sanitary
                                                                                                                                 common sanitary landfill and leachate
                                                                                                               landfill and leachate     treatment
                                                                                                                                 treatment             facility.
                                                                                                                                             facility. The   capacity of each
                                                                                                               The capacity ofcompost
                                                                                                                                   each compost        plant
                                                                                                                                            plant is 153       is per day and the
                                                                                                                                                           tonnes
                                                                                                               153 tonnes permost day unique
                                                                                                                                       and thefeature
                                                                                                                                                   most isunique
                                                                                                                                                             the sharing of one
                                                                                                               feature is the sharing
                                                                                                                                 sanitary of   one by
                                                                                                                                           landfill  sanitary
                                                                                                                                                        all six municipalities.
                                                                                                               landfill by all six municipalities.

                                                                                            Adaptation
                                                                                                                 Adaptation
                                                                                                               An Integrated Coastal Zone Management
                                                                                                               Project (ICZMP)An    Integrated
                                                                                                                                  project        Coastal Zone Management
                                                                                                                                           is being
                                                                                                               implemented byProject
                                                                                                                                 the West(ICZMP)
                                                                                                                                             Bengalproject is being implemented
                                                                                                                                by the West Bengal
                                                                                                               Department of Environment.        The Department of
                                                                                                               objectives of theEnvironment.
                                                                                                                                  project are toTheprotect
                                                                                                                                                      objectives
                                                                                                                                                             the of the project
                                                                                                                                are to protect
                                                                                                               livelihood of residents,          the livelihood of residents, to
                                                                                                                                         to minimise
                                                                                                                                minimise damage in coastal areas, and to
                                                                                                               damage in coastal    areas, and to protect
                                                                                                                                protect coastal ecosystem and biodiversity.
                                                                                                               coastal ecosystem and biodiversity. The
                                                                                                                                The ICZM project covers the coastal region of
                                                                                                               ICZM project covers    the coastal region of
                                                                                                                                South 24 Parganas and East Midnapore.
                                                                                                               South 24 Parganas     and East
                                                                                                                                Considering   theMidnapore.
                                                                                                                                                   impacts of the climate
                                                                                                               Considering the change
                                                                                                                                 impactsin of  the climate
                                                                                                                                            coastal  belts, the successful
                                                                                                               change in coastal   belts, the successful
                                                                                                                                implementation     of ICZM should improve the
                                                                                                               implementation resilience
                                                                                                                                 of ICZM should     improvecommunity.
                                                                                                                                            of the coastal
                                                                                                               the resilience of the coastal community.
                                                                                                                  Source: theclimategroup.org

                                                                                             Source: theclimategroup.org

       9   As of Q4 2018   9   As of Q4 2018

15 |       15 |
PlanningWay:
         Planning the Sustainable the Sustainable
                                       Challenges Way: Challenges
                                                  and the         and |the
                                                          Road Ahead       Road Ahead
                                                                        COLLIERS      | COLLIERS INTERNATIONAL
                                                                                  INTERNATIONAL

        Kolkata
Kolkata gets     gets itslabel!
             its green     green label!

New Town in   New
                WestTown
                       Bengalin West
                                 is theBengal
                                        latest isgreen
                                                   the latest green
                                                        city. The    city. The fast-growing
                                                                  fast-growing
satellite citysatellite
               has been  city  has been as
                            recognised    recognised    as a by
                                             a Green City     Green           the Indian Green
                                                                     City byGreen
                                                                the Indian
              Building
Building Council         Council
                    (IGBC).     New(IGBC).   New Town
                                      Town acquired      theacquired  the for
                                                             green label  green label for
              several
several reasons         reasons including:
                   including:

                    The New Town  TheKolkata
                                       New Town      Kolkata Development
                                               Development                  Authority launched
                                                              Authority launched
                    20 GPS-enabled20 GPS-enabled
                                        waste managementwaste management
                                                               vehicles. As vehicles. As
                                  discussed
                    discussed earlier,         earlier,
                                        tracking        tracking and
                                                   and reporting      reporting
                                                                  progress  is progress is
                                  criticalsustainability
                    critical to meeting     to meeting sustainability
                                                         goals, and GPSgoals,
                                                                          helpsand GPS helps
                                  municipal
                    municipal officials trackofficials  track the
                                                the collection andcollection  and transportation
                                                                   transportation
                    of waste.     of waste.

                                 The city
                    The city has rolled outhas  rolled
                                            a fleet  of out a fleet of air-conditioned
                                                        air-conditioned    electric    electric
                                 buses,
                    buses, as well       as charging
                                   as four   well as four   charging points.
                                                        points.

                                   New Town
                    New Town features           features a well-maintained
                                           a well-maintained                and landscaped
                                                               and landscaped
                                   Eco-Park, incorporating
                    Eco-Park, incorporating      various watervarious
                                                                bodies.water bodies. The park’s
                                                                        The park’s
                    replicas of thereplicas  of the seven
                                     seven wonders         wonders
                                                       of the       of thebecome
                                                              world have   world have
                                                                                   a   become a
                    major tourist major   tourist attraction.
                                    attraction.

                    The city also The
                                   has city
                                       wateralso has water
                                               ATMs   at the ATMs   at the Eco-Park.
                                                             Eco-Park.
                                  Individuals/families
                    Individuals/families  staying at thestaying at the
                                                          township  cantownship
                                                                         go to the can go to the
                    nearest ATM nearest
                                  throughoutATMthe
                                                 throughout  the day
                                                   day to collect     to collect
                                                                  water          water at a lower
                                                                          at a lower
                                  price than
                    price than available      available
                                          in the market.in the market.

                    The townshipThehastownship
                                       launchedhas                 bike-share system,
                                                      launched asystem,
                                                  a bike-share
                    increasing theincreasing  thefor
                                    opportunity   opportunity
                                                     people to for people
                                                                choose    to choose sustainable
                                                                        sustainable
                                  transport
                    transport instead        instead
                                       of taking cars.of taking cars.

                                                                                                       | 16      | 16
Planning the SustainablePlanning
                                    Way: Challenges and the Way:
                                            the Sustainable RoadChallenges
                                                                 Ahead | COLLIERS  INTERNATIONAL
                                                                           and the Road Ahead | COLLIERS INTERNATIONAL

           ANNEXUREANNEXURE

           Case Study
                 Case | Study
                        Infinity| Infinity
                                   IT Lagoon
                                           IT Lagoon

                            LEED Platinum
                                       LEEDRated
                                             Platinum Rated
                            Green Building,
                                       GreenCertified
                                              Building, Certified
                            by Indian Green  Building
                                       by Indian Green Building
                            Council (IGBC)
                                       Council (IGBC)

       Total Area
               Total Area

       447,000
          447,000
       (41,545 square metres)
                  (41,545 square metres)
                                                              sq ft                 sq ft

           Infinity IT Lagoon
                         Infinityis IT
                                     one of theisfirst
                                       Lagoon      oneIGBC    Certified
                                                         of the          Platinum
                                                                first IGBC  Certified Platinum
           Rated Commercial       Green Buildings
                         Rated Commercial        Green in Eastern
                                                          BuildingsIndia
                                                                      in Eastern India

17 |               17 |
Planning the SustainablePlanning
                                                                                       Way: Challenges and the Way:
                                                                                               the Sustainable RoadChallenges
                                                                                                                    Ahead | COLLIERS  INTERNATIONAL
                                                                                                                              and the Road Ahead | COLLIERS INTERNATIONAL

ous sustainable
        Various elements have
                sustainable    been incorporated
                            elements             including: including:
                                      have been incorporated

 The building’s open
                  The space     allows
                        building’s   open space allows         Flexible, efficientFlexible,
                                                                                    Heating,efficient
                                                                                              ventilation, and Ventilation, and
                                                                                                      Heating,
 glare-free northern    light and   controlled
                  glare-free northern light and controlled     air conditioning   (HVAC)and     electrical
                                                                                 Air Conditioning (HVAC) and electrical
 southern sun exposure.
                  southernUtilising                            systems have been
                                         daylightUtilising daylight
                              sun exposure.                                           employed
                                                                                 systems    have been employed
 and installed daylight    controlsdaylight
                  and installed      reduce controls
                                               the       reducebuilding-wide
                                                                the            sobuilding-wide
                                                                                   that the structure
                                                                                                  so that the structure
 need for artificial lighting
                  need         along the
                          for artificial lighting along the operates within operates
                                                                                  the conservation
                                                                                            within thegoals
                                                                                                        conservation goals
 interior perimeter   of  the building.
                  interior perimeter of the building.          outlined  by  the LEED   Core   and  Shell
                                                                                 outlined by the LEED Core and Shell
                                                               version 2.0 framework.
                                                                                 version 2.0 framework.
 The building’s core
                 The has   been designed
                       building’s  core has on
                                             been designedAnonintegrated storm  water management
                                                                           An integrated storm water management
 an east-west axis  to  block  the  harsh  low
                 an east-west axis to block the harsh low system   is designed to reduce the impact
                                                                           system is designed  to reduce the impact
 angle sun and act  as  a  buffer  for the
                 angle sun and act as a buffer for the    of storm   water runoff on surrounding
                                                                           of storm water runoff on surrounding
 air-conditioned air-conditioned
                 spaces.             spaces.              waterways.       waterways.

 The efficient building envelope
                 The efficient      provides
                                 building    a
                                          envelope         Efficient
                                                     provides  a     plumbing  fixtures
                                                                            Efficient    and fittings
                                                                                      plumbing         are and fittings are
                                                                                                  fixtures
 suitable base forsuitable
                    tenantsbase
                             to acquire  LEED              designed
                                  for tenants to acquire LEED         to reduce  water  use by   more
                                                                            designed to reduce water use by more
 Commercial Interior   certification.
                 Commercial     Interior certification.    than 60% compared      to conventional
                                                                            than 60%    compared to conventional
                                                           buildings.       buildings.
 The building’s white   membranewhite
                  The building’s      roof membrane roof The building provides        fresh air
                                                                              The building       ventilation
                                                                                              provides   fresh air ventilation
 minimizes heat gain    that  would   contribute
                  minimizes heat gain that would contribute  above  the  minimums    required   by  the  code
                                                                              above the minimums required by the code
 to the heat island
                  to effect.
                     the heat island effect.                 and has systemsand in place   that monitor
                                                                                   has systems            thethat monitor the
                                                                                                   in place
                                                             air quality, providing a clean,
                                                                              air quality,     safe anda clean, safe and
                                                                                            providing
                                                             healthy environment    forenvironment
                                                                              healthy    tenants.       for tenants.
 The building allows
                  The for   an open
                        building       planfor an open plan
                                  allows
 interior environment    that
                  interior     encouragesthat
                            environment      a encourages a
 visual connection   with  the   building’s
                  visual connection with the building’s
 exterior spaces,exterior
                   including    the 1,000
                             spaces,        acre the 1,000 acre
                                       including
 natural lake surrounding
                  natural lakethesurrounding
                                   building.    the building.

culars                     Conventional Conventional
                   Particulars                                                      IT Lagoon              IT Lagoon              Savings               Savings
                           Building     Building

Water              Total Water
rvation            CoNSUMPTION                      310,000             310,000                 200,000                200,000 110,000                 110,000
/Day               Litres/Day
Water              Fresh Water
mption             Consumption                      310,000             310,000                 117,000                117,000 193,000                 193,000
/Day               Litres/Day

e DischargeSewage Discharge
                            143,000                                     143,000              Zero Discharge Zero Discharge
                                                                                                                      143,000                          143,000
/Day       Litres/Day                                                                                  due to onsite         due to onsite
                                                                                                       treatment and         treatment and
                                                                                                       reuse                 reuse
rical Load Electrical Load
                                                     5,000                5,000                  3,000                  3,000     2,000                  2,000
ay         KVA/Day

rical Load Electrical Load
                                                    749,000             749,000                332,000                 332,000 417,000                 417,000
ay         KWH/Day                                                                                                                                    | 18                  | 18
y company
nity      data data Source: Infinity company data
     company        Source: Infinity company data
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