Build Sustainable Awards 2016

Build 2016 Sustainable Building Awards 52 Company: K. Raheja Corp. Name: Shabbir H. Kanchwala –Senior Vice President – K. Raheja Corp. Email: [email protected] Web Address: www.krahejacorp.com Address: Raheja Tower, Plot NoC-30, G Block, Level 5th, Opp. SIDBI Bank, Bandra Kurla Complex, Bandra (East), Mumbai, India Telephone: +91-22-26564985 stablished in 1956, K Raheja Corp is a success story spanned across decades and continues to achieve higher targets relentlessly for quality performance and service in diverse fields of real realty business, hospitality sector and retailing outfits. Shabbir outlines the firm’s latest projects and clients, and how these illustrious names highlight the company’s success. “Our clients include a number of renowned names including Accenture, J.P. Morgan, Facebook, Capgemini, WNS, Cognizant, Syntel, L&T Infotech, Deloitte and many more. “One of our recent projects, of which we are very proud, is the Vivarea Tower B1, B2, B3. These luxurious high rise residential towers have received IGBC Green Home Gold certification from Indian Green Building Council. This is the “First residential tower in South Mumbai “to have been awarded the Gold Green home certification. The project is conceptualized as a high end residential space where the tenements would be sold out to customers. “Before constructing this building, K. Raheja has two options. Either to construct building with conventional specifications which consumes high energy or to construct the building with energy efficient measures which consumes less energy. Both the options were analysed. Cost of building with low energy consumption pattern was 2.5 times higher, compared to the base conven-tional case. Also as per the Indian Market Scenario, there will be no any additional revenue gain to company by constructing the energy efficient homes. There is no poli-cy which mandates implementation of energy efficient homes in India. The project ac-tivity includes adoption of high efficiency energy conservation measures in the HVAC Systems – digital inverter system, efficient lighting and water conservation measures which results in reduction in the energy consumption & water consumption of the Building. It not only saves on energy but also entails associated CO2 (GHG) emissions reduction when compared with a project Building with conventional pattern. “At the infant stage of Green, the Green Concept was very challenging to professionals. There were scarcities of Green products & the vendors across the country. Some of products have to be imported which increases the cost of projects. But due to early development in Green building concepts, a lot many vendors coming up with environmental friendly products which support Green Concept.” Ultimately the future is bright for the company, as it looks to more new projects to strengthen its brand and cement its reputation for excellence. Best Real Estate Development Firm 2016 – India & Award for Excellence in Indian Residential Development K. Raheja Corp. are among the leading real estate developers in India. We spoke to Senior Vice President Shabbir H. Kanchwala to learn more. E AR160106