Government Incentives to IGBC-rated Green Building Projects

• The Ministry of Environment, Forest and Climate Change (MoEFCC), Government of India, offers fast track environmental clearance for green building projects which are Precertified/ Provisionally Certified by IGBC.

• Department of Local Government (Town Planning Wing) offers an additional 5% Floor Area Ratio (FAR) free of charge for projects which are rated Gold or above by IGBC
• Department of Housing and Urban Development, Government of Punjab offers an incentive of additional 5%, 7.5% and 10% FAR free of charge with 100 % exemption of building scrutiny fee for projects which are rated Silver, Gold and Platinum respectively by IGBC.

• Urban Development Department offers additional 0.075, 0.10 and 0.15 BAR free of charge for projects which are rated Silver, Gold and Platinum respectively by IGBC.
• Rajasthan Investment Promotion Scheme - 2019 offers Enterprises of MSME sector a subsidy in the form of reimbursement of 50% of amount paid to the suppliers for the plant, excluding civil work, for adopting Green Building Measures (means process or technology adopted to obtain green rating under Indian Green Building Council) for building having a minimum floor space of 2,000 sq mtrs, subject to a maximum of Rs Fifty Lakhs only and this shall be a one time assistance.

• A. Government of West Bengal (Department of Municipal Affairs - Kolkata Municipal Corporation)additional 10% FAR for projects which are Precertified/ Provisionally Certified as Gold or above by IGBC.
• B. Government of West Bengal (New Kolkata Development Authority) additional 10% FAR for projects Precertified/ Provisionally Certified as Gold or above by IGBC.

All IGBC rated green building projects in the MSME sector shall be eligible for financial assistance at concessional rates from Small Industries Development Bank of India (SIDBI).

• Government of Uttar Pradesh (Housing and Urban Planning Department): 10% FAR for projects which are Precertified/ Provisionally Certified as Gold or above by IGBC.
• Additional 5% FAR free of charge is offered by the Greater Noida Industrial Development Authority (GNIDA) in Uttar Pradesh for projects which are rated as Gold or above by IGBC.
• Tourism Policy 2022-2032 offers reimbursement of 50% of IGBC Certification fee, with a maximum limit of INR 10.0 lakh, to hotel/wellness resorts obtaining green rating from Indian Green Building Council (IGBC).

• The Industries & Commerce Department offers 25% subsidy on total fixed capital investment of the project (excluding cost of land, land development, preliminary and preoperative expenses and consultancy fees) for buildings which obtain green rating from IGBC. This incentive is applicable for MSME and large industries.
• Municipal Administration and Urban Development Department offers the following incentives to projects obtaining the rating from IGBC:
  • Department offers the following incentives to projects obtaining the rating from IGBC:
  • If the property is sold within three years, one-time reduction of 20% on Duty on Transfer of Property (Surcharge on Stamp Duty) on the submission of Occupancy Certificate issued by the Local Authority.
• Tourism Policy 2022-2032 offers reimbursement of 50% of IGBC Certification fee, with a maximum limit of INR 10.0 lakh, to hotel/wellness resorts obtaining green rating from Indian Green Building Council (IGBC).

• Government of Himachal Pradesh (Town & Country Planning Deptt) an additional 10% FAR for projects which are granted Gold / Platinum rating by IGBC.

• Urban Development and Housing Department, Government of Jharkhand an additional FAR of 3%, 5% and 7% for Green Buildings rated by IGBC as Silver, Gold and Platinum respectively.

• Government of Haryana (Town & Country Planning Department) per amendment in chapter 6 of the Haryana Building Code 2017 on 8 May 2018, offers an additional FAR (Floor Area Ratio) of 9%, 12% and 15% for Green Buildings rated as Silver, Gold and Platinum respectively by IGBC.

• Urban Development Department offers an additional FAR of 3%, 5% and 7% for Green Buildings rated by IGBC as Silver, Gold and Platinum respectively.
• Pune Municipal Corporation (PMC) and Pune Metropolitan Region Development Authority (PMRDA), Government of Maharashtra offers an additional FAR of 3%, 5% and 7% for Green Buildings rated as Silver, Gold and Platinum respectively by IGBC.
• Public Works Department (PWD), Government of Maharashtra has mandated that the renovation of existing buildings and the development of all new government buildings in Maharashtra shall be carried out as per the suitable IGBC Green Building Rating system
• IGBC Incentive on Integrated Townships - UDCPR Maharashtraas per updated UDCPR 2020, has mandated that the buildings in Integrated Township Project have at least Silver rating from IGBC.

• Gujrat Tourism Policy 2021-25 offers reimbursement of 50% of Certification fee, with a maximum limit of INR 10.0 lakh, to hotel / wellness resorts obtaining green rating from Indian Green Building Council (IGBC).
• Industries Commissionerate, Industries and Mines Department provides incentive upto 50% of consulting charges, with a maximum limit of INR 2.50 lakh, for Industrial Buildings with green rating from Indian Green Building Council (IGBC).
• Climate Change Department offers reimbursement up to INR 3 lakhs OR 50% of IGBC Certification fee, whichever is lesser, to projects obtaining green building certification from IGBC.

• TN Industrial Policy 2021, offers a 25% subsidy on the cost of setting up environmental protection infrastructure, subject to a limit of Rs. 1 cr., for industrial projects that obtain IGBC green certification. Projects establishing or expanding industrial units, industrial parks, R&D projects, warehousing and logistics parks shall be eligible for availing this Green Industry Incentive.
• TN Data Centre Policy 2021, offers Data Centre Units undertaking green and sustainable initiatives as per IGBC rating shall be eligible for a 25% subsidy on cost of undertaking such initiatives, subject to an upper limit of Rs. 5 Crore. (Document attached to be linked with TN data Centre Policy 2021)

• Local Self Government Department has approved up to 50% reduction in One time building tax, up to 1% reduction in Stamp duty and up to 20% reduction in Property tax for projects obtaining green building certification from IGBC.