Neotown by Patel Realty is First Green Township in India: IGBC

Karnataka, India, Wednesday, December 12, 2012 — (Business Wire India) — Neotown, township project from Patel Realty, is one of the first few township projects to be pre-certified by the Indian Green Building Council (IGBC). The township has been awarded the prestigious IGBC Green Township Silver pre-certification for its mixed land use & integrated development. The township is located in Electronic City, Bengaluru. The IGBC pre-certification is awarded for buildings & townships at the design stage to facilitate the adoption of sustainable green design practices in India.

Neotown met the criteria laid down by IGBC which included the, preservation of existing trees and water bodies, energy efficiency in infrastructural equipment, construction waste reduction, recycled content and innovation in design and technology.

Pravin Malkani, Managing Director, Patel Realty India Limited said, “When Neotown was conceived there were certain environmental features that we were particular about incorporating in the master plan. As a result, the township showcases a balance between luxury and environment protection. The IGBC pre-certification for Neotown demonstrates our commitment to green and responsible living and we are pleased to provide residents with a self-sustainable community.”

S Srinivas, Principal Counsellor, LEED & IGBC Accredited Professional, Confederation of Indian Industry said, “Green Cities are the future trends in creating sustainable built environments. We at IGBC congratulate Neotown project team for being one of the first few townships in India, to achieve IGBC Green Townships Silver pre-certification.”

Neotown is an integrated township that is designed around environmentally- friendly principles. Some of the features at Neotown include an integrated rain-water harvesting system, sewage treatment plant, solid waste management, solar water heating, in-house nursery, and long-term tree planning. Neotown also has a natural depressed land, which is proved to be restored in the form of pond and it will attract different species of birds. The design and layout of the project offers maximum use of natural light and maximum ventilation, minimizing the use of artificial temperature control.

The township land use system is designed like an employment hub for the city. The project has got innovative credit points for employment generation for more than 100% of the working age population.

About Patel Realty

Established in Mumbai in 2007, Patel Realty is a wholly owned subsidiary of the Patel Engineering Group. Patel Engineering (BSE: PATENG) is a sixty year old company with a global presence in infrastructure, power and tunneling. Patel Realty India Ltd. operates as a diversified real estate development company engaged in the development of real estate and currently has under its development portfolio three integrated townships, along with high end commercial and residential projects underway in Mumbai and several other projects in Noida, Andhra Pradesh, Tamil Nadu as well as Mauritius. The execution of all the projects of the company is backed by its parent company, which has successfully completed over 350 Projects in over six decades and has a global presence in USA, Greece, Indonesia, China, Chile, Eritrea (Africa), Qatar, Nepal, Sri Lanka & Bhutan.