IIFL Home Finance promotes affordable green homes

It has created Kutumb, a platform to promote benefits of green architecture in the affordable housing segment in India, in partnership with National Housing Bank, Green Business Certification Inc, CDC UK, and Ashok B Lall Architects, to promote sustainable and energy- efficient real estate development in the country.

According to Monu Ratra, CEO, IIFL Home Finance Limited, “Affordable housing is a major component of mission ‘Housing for All by 2022’.  A significant portion of Indian population will live in these homes, yet this sector is devoid of the benefits of incorporating green and sustainable development." 

Ratra says it is a myth that green architecture costs more and does not blend with the idea of affordable housing. 

"Through Kutumb, we want to create a platform where individuals and organisations can pool their knowledge and resources towards creating a sustainable future and greener society, which aligns with the vision of Pradhan Mantri Awas Yojana – Housing for All by 2022.”