IIFL Home Loans presents ‘Kutumb’, a platform where the company brings together industry experts and housing developers to create a sustainable
infrastructure and a know-how model of Green Buildings. It is a stage blending benefits of green homes within the affordable housing segment in India,
ultimately strengthening our belief in honorable Prime Minister’s vision and mission of Pradhan Mantri Awas Yojana – Housing for All by 2022'.
Kutumb is a thought and a vision of sustainable good living for tomorrow. It is an impetus to institute green technology, and environment friendly
sustainable living that focuses on the needs, efforts, and initiatives to promote sustainable and energy efficient real estate development in affordable sector.
It brings together the industry experts and the infrastructure developers by providing financial support as an incentive in inducing them to green technology in
Benefits of Green Buildings
Efficient use of land, resources and water is the need of the hour. Adoption of energy conservation and sustainable
living has become critical in recent years. IIFL Home Finance Ltd. as an organization encourages the adoption of
sustainable development and green buildings. The company also constantly strives to address the social and environmental
issues such as Green Buildings, Affordable Housing, Swachh Bharat, Women Education and Empowerment, etc. IIFL foundation,
the CSR arm of IIFL Group, contributes to addressing the most pressing problems faced by and in our country. CDC, one of the investor’s of IIFL,
is also socially committed and actively involved in environmental and social causes.
Construction industry is a major consumer of non-renewable resources and a massive producer of waste, and the operation of buildings is responsible for huge CO2 emissions. Based on a recent study in developed countries, 30-40% of natural resources were exploited by the building industry, 50% of energy used for heating and cooling in buildings, almost 40% of world’s consumption of materials is to built environment and 30% of energy is used due to housing. Worldwide power consumption forecast is to surge multiple fold in coming years, as the income in developing world rises and urbanization advances.
Green Buildings, as a practice means creating structures using environmentally responsible and resource-efficient processes from siting to design, construction, operation, maintenance, renovation and deconstruction.
IIFL Home Loans sees and understands a huge gap between the new ways available to conserve energy during the building-life-cycle, and lack of knowledge about Green Buildings concept with potential developers across the country.
IIFL Home Loans is working towards creating a thought leadership in the field of sustainable living. Kutumb brings together industry experts on a common platform, addressing the building-life-cycle challenges for the developers. Mr. Ashok B. Lall has immense expertise in developing strategies for environmentally and socially sustainable development.
The Future Outlook:
IIFL Home Loans believes Kutumb to be a stepping stone for its partner developers to institute green technologies and eventually align with green buildings. The larger objective is to participate in and practice sustainable living.
 [Bourdeau, L., (1999), Sustainable Development and the Future of Construction: A Comparison of Visions from Various Countries, Building Research and Information, 27(6)]
NHB has been instrumental in building a sustainable and inclusive housing
finance system and is committed to working towards the national goal of
"Affordable Housing for All" with a focus on low and moderate income housing.
In line with the vision of inclusive housing, NHB is also working with various
stake holders in providing sustainable, environmental friendly dwelling units.
NHB in collaboration with Agence Francaise de Development (AFD) under a
borrowing programme proposes to finance Housing Finance Companies to spur
energy and environment efficiency in the residential housing sector.
Ashok B lall
Among India’s most respected architects, Ashok B. Lall has been a pioneer in
formally integrating sustainability into his architectural works – decades before
the term attained significance. He has also been a devoted academician and has
served as the dean of studies at the TVB school of habitat studies. Among
several notable accolades, Mr. Lall has been nominated for the prestigious Aga
khan award for architecture twice. His firm Ashok B. Lall Architects has been
involved in the design architecture of some of the most famous buildings in India
and abroad, including campuses, townships, business parks etc.
CDC is UK’s Development Financial Institution wholly owned by the UK Government.
They provide active support to companies and funds as they begin to implement and adopt
more sustainable business practices
It’s mission is to support the building of businesses throughout Africa and South Asia, to
create jobs and make a lasting difference to people's lives.
Their belief is that environmental and social (ES) performance is increasingly material to
business success. An important part of the value add that CDC provide involves active
support to companies and funds as they begin to implement and adopt more sustainable
CDC work with companies to enhance their ES performance so that they can compete in
international markets and supply chains, for example in situations where evidence of good
labour practices defines access to markets. CDC help companies build stronger
relationships with local communities that deliver mutual benefits to the company and the
community, CDC work to reduce climate change impacts and increase energy and
resource-use efficiencies, CDC effect cost savings, and CDC help companies become more
attractive to investors as a result.
The International Finance Corporation is an international financial institution that offers investment,
advisory, and asset-management services to encourage private-sector development in developing countries.
GIZ is a service provider in the field of international cooperation for sustainable development and international
education work, dedicated to shape a future worth living around the world. It has over 50 years of experience in a variety
of areas including, economic development and employment promotion, energy and the environment, and peace and security.
It works with businesses, civil society actors and research institutions, fostering successful interaction between development
policy and other policy fields and areas of activity.
The Asian Development Bank (ADB) is committed to achieving a prosperous,
inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants and equity investments to promote social and economic development.
Climate Bonds Initiative is an international organisation working solely to mobilize the largest capital market of all, the $100 trillion bond market, for climate change solutions
They promote investment in projects and assets necessary for a rapid transition to a low carbon and climate resilient economy.
The strategy is to develop a large and liquid Green and Climate Bonds Market that will help drive down the cost of capital for
climate projects in developed and emerging markets; to grow aggregation mechanisms for fragmented sectors; and to support governments seeking to tap debt capital markets.
Climate Bonds Initiative is an investor-focused not-for-profit. Their work therefore is an open source public good and falls into three workstreams.