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Telangana: IGBC seeks tax incentives for green buildings
By Express News Service||2 min read at The New Indian Express
In brief
The Indian Green Building Council (IGBC) urged the Telangana government to offer property tax concessions and mandate groundwater recharge measures for green-certified residential buildings, according to IGBC National Chairman C Shekar Reddy.
He noted that existing incentives are limited to certain industrial green buildings and highlighted the water savings achieved by registered IGBC buildings in Telangana.
This is an AI-estimated analysis and may not reflect the article's actual intent or the publisher's editorial position.
Read this page in Telugu · Google Translate (opens translate.google.com in a new tab)Machine translation by Google, not checked by Vekuva
HYDERABAD: The Indian Green Building Council (IGBC) has urged the Telangana government to offer property tax concessions to green-certified residential buildings, mandate annual cleaning of rainwater harvesting pits and require borewell users to adopt groundwater recharge measures.
Speaking at a round table meeting on ‘Building a Greener Hyderabad’ on Friday, IGBC National Chairman C Shekar Reddy said the government was considering its proposal to incentivise green buildings. Currently, incentives are available only to certain categories of industrial green buildings.
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