Celebrating 10 Years of Trusted News Discovery
One News Page
> >

IIFL Home Finance Ltd. Presents ‘KUTUMB - Chapter IV’ in Bangalore, Focus on Green Affordable Housing and Sustainable Living in India

NewsVoir Wednesday, 19 June 2019
IIFL Home Finance Ltd. Presents ‘KUTUMB - Chapter IV’ in Bangalore, Focus on Green Affordable Housing and Sustainable Living in IndiaIn its journey of being the change agent towards encouraging Green Affordable Housing in India, *IIFL Home Finance Ltd. *(IIFL HFL) organized the 4^th Chapter of KUTUMB - An Initiative Towards Green Affordable Housing at Bangalore on 6 June 4, 2019.

*KUTUMB - IIFL Home Loans*

In its mission, IIFL HFL has been joined by Asian Development Bank (ADB), International Finance Corporation (IFC), CDC - a UK sovereign fund, Indian Green Building Council (IGBC), German Agency for International Cooperation (GIZ), Green Building Council of India (GBCI), Energy Efficient Services Ltd. (EESL), Ashok B Lall Architects and National Housing Bank (NHB).

In the event held at Bangalore International Center, the company managed to educate and enable more than *120 developers* about the benefits associated with developing green homes in the affordable housing segment in India. Part of the esteemed panel of speakers at the event included Srini Nagarajan (CDC), Ashok B. Lall (Principal, Ashok B Lall Architects), Rajkumar Rakhra (EESL), V. Suresh (IGBC), Dr. A Meher Prasad (IIT Madras) and Monu Ratra (CEO, IIFL HFL).

Speaking at the occasion, *Mr. Monu Ratra, CEO, IIFL Home Finance Ltd.* said, "We are committed towards our efforts in creating a need for green affordable housing in India. Understanding the potential that the affordable housing segment holds in the country, it is impossible that we ignore its impact on the environment.  Our vision is to be the change leaders of green affordable housing in India, realising its potential value for our shareholders, investors and end-customers. I look forward to connecting and meeting with you in near future, and together reshape the future for a sustainable tomorrow.”

The event started with Monu Ratra, CEO, IIFL HFL talking about the journey of KUTUMB and how it is resonating with the big picture of ‘*Green Revolution 2.0*’. This was followed by sessions from leading industry experts sharing their views on green and sustainable living techniques. Srini Nagarajan (CDC) shed light on the vision of sustainable development from Indian and global perspective. Ashok B Lall, a pioneer in sustainable architecture held an interactive session focused on sustainable building techniques. Rajkumar Rakhra (EESL) enlightened the developers present at the occasion on the use of energy efficient electrical systems. V. Suresh (IGBC) emphasized on the need of ‘*Green Building Movement in India*'. Given his technical expertise, Dr A Meher Prasad (IIT Madras) shared a case study on ‘*Low-Cost Housing Model*' keeping in the mind the huge potential of affordable housing segment in the country.

The highlight of the event was *Padma Shri Saalumarada Thimmakka*, affectionately known as ‘*Vriksha Mata*’. Padma Shri awardee, Vriksha Mata is known for planting thousands of trees near the highway, connecting her village. Leading real estate developers supporting affordable housing units in the area were also present at the occasion.

The event concluded with IIFL HFL unveiling itself as the ‘*Green Value Partner*' that will partner with the developers from Conception to Certification of the Green Building Project. Earlier in the month, IIFL HFL also signed an MoU with Energy Efficiency Services Limited (EESL) to promote the use of energy efficient electronics that are in sync with sustainable living. The move will instill a positive awareness of the environment and key principles among major stakeholders to ensure an overall sustainable living.

Recent related news from verified sources

IIFL Home Finance Offers Swaraj Home Loan to Informal Income Segment

*IIFL Home Finance*, India’s leading affordable housing finance company offers unique ‘*Swaraj*’ home loan to meet needs of borrowers in the informal...

Stop financing subvention schemes: NHB to housing finance firms

New Delhi, July 23 (IANS) The National Housing Bank (NHB) has advised housing finance companies (HFCs) to stop providing loans to finance subvention schemes...

Advocacy group releases recommendations for city's Affordable Housing Trust Fund

Ahead of a meeting of Baltimore's Affordable Housing Trust Fund commission Tuesday night, a local advocacy group has released a list of recommendations on how...

Manipal Global Academy of BFSI Ties up with HomeFirst to Skill 500 Freshers

*Manipal Global Academy of BFSI*, a leading professional learning platform and a division of Manipal Global Education Services (MaGE), announced its tie-up with...

You Might Like

Other recent news in Press Releases

ZeroNorth and CyberProof Partner to Strengthen SOFTWARE and Infrastructure Risk Management for Organizations Undergoing Digital TransformationTCEB CONNECTs MICE business all over Thailand and increases trade opportunity with Thailand's first E-MICE marketplace "Thai MICE CONNECT"
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.