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K Raheja Corp’s Mindspace at Madhapur gets Gold Rating by IGBC

Real estate conglomerate K Raheja Corp has received Gold rating certification for it commercial business park Mindspace at Madhapur in Hyderabad, from the Indian Green Building Council (IGBC). Mindspace - Madhapur was awarded with 54 points for its sustainable practices and solutions, determined

BY Realty Plus
Published - Friday, 23 Mar, 2018
K Raheja Corp’s Mindspace at Madhapur gets Gold Rating by IGBC
Real estate conglomerate K Raheja Corp has received Gold rating certification for it commercial business park Mindspace at Madhapur in Hyderabad, from the Indian Green Building Council (IGBC). Mindspace - Madhapur was awarded with 54 points for its sustainable practices and solutions, determined by the categories including site selection and planning, water efficiency, energy efficiency, materials, indoor environmental quality, and innovation, and design process, as defined by IGBC. This makes Mindspace Madhapur the very first Gold rating certified existing commercial campus in Hyderabad, and 11th property across India to bag this rating, the developer informed. Mindspace at Madhapur is spread across 110 acres with 21% landscape cover and 3500 trees planted across the campus. Out of the total Green Building footprint 60% is registered and the rest 40% is certified. Over 10 mn sq ft is built up area that comprises of 21 commercial buildings, with over 80,000 occupants which also includes one of India’s biggest retail outlets, Inorbit Mall. Commenting on the rating, Mr. Shabbir Kanchwala, Senior Vice President, K Raheja Corp, said, “Achieving the widely recognised IGBC Gold rating, which is a part of the prestigious Confederation of Indian Industry (CII) is a huge encouragement for the entire team. We will continue to showcase our relentless efforts to make a progressive transformation which would benefit the society at large” Committed to creating green workspaces, K Raheja Corp has meticulously designed best practices to ensure minimum carbon footprint. Some of the practices include, usage of 100% Rainwater harvesting, Wastewater treatment & Reuse, 1.47 MW of Solar Power on-site, 2 MW of Solar Power Off-site, and Shuttle services to curb noise pollution, to name a few. Other key green specifics on campus include 80% covered parking, and LPD reduction that is 50% over ASHRAE (American Society of Heating, Refrigerating, and Air-Conditioning Engineers).    

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