Lloyds Realty's The Square Wins Prestigious IGBC Platinum Rating
Lloyds Realty's commercial project The Square in Andheri East achieves prestigious IGBC Platinum certification for sustainability and energy efficiency.
In a significant milestone for sustainable real estate in Mumbai, Lloyds Realty Developers Limited has announced that its premier commercial project, The Square, has been awarded the IGBC Green New Buildings Platinum certification. Located in the bustling hub of Andheri East, this achievement underscores the developer's commitment to creating environmentally responsible commercial spaces.
The Indian Green Building Council (IGBC) Platinum rating is one of the highest honors in the industry, evaluating how a structure performs across several critical environmental metrics. The Square, which spans approximately 1.82 lakh sq. ft., has been specifically engineered to meet the sophisticated demands of modern businesses while maintaining a minimal ecological footprint.
Cutting-Edge Sustainability and Resource Efficiency
The Square’s journey to Platinum status is backed by impressive data regarding its resource management. The building has successfully achieved a 23.49% increase in energy efficiency and a remarkable 58% in water conservation. These figures are a result of meticulous design and the integration of advanced technologies aimed at reducing waste and optimizing consumption.
Key features that contributed to this high-level certification include:
- Energy Optimization: The use of double-glazed curtain walls and seven high-speed elevators designed to manage energy loads effectively.
- Water Management: Comprehensive systems including a Sewage Treatment Plant (STP) and an Organic Waste Converter (OWC) to ensure responsible resource use.
- Renewable Energy: The integration of solar panels to contribute to the building's power needs.
- Smart Infrastructure: A Building Management System (BMS), an advanced access control system, and a parking management system by Park+.
- Modern Amenities: Dedicated EV charging points at the ground level and a landscaped terrace for occupant well-being.
A Vision for Long-Term Value
Speaking on the achievement, Mr. Ravi Agarwal, Chairman and MD of Lloyds Realty Developers Limited, emphasized that modern commercial buildings must offer more than just physical space. He noted that a successful asset must work harder for its occupants by providing superior efficiency and high-quality workplace environments.
“The IGBC Platinum certification for The Square is a recognition of this approach,” Mr. Agarwal stated. He added that the asset was designed to ensure sustainability is woven into the very fabric of the building's functions, ensuring it remains relevant and valuable to tenants throughout its entire lifecycle.
Strengthening the Commercial Portfolio
This certification provides a measurable standard of sustainability for future enterprise tenants, positioning The Square as a top-tier choice for businesses looking to meet their own ESG (Environmental, Social, and Governance) goals.
Lloyds Realty, a subsidiary of Lloyds Enterprises, continues to expand its footprint with a massive planned development of approximately 14 million sq. ft. across residential and commercial sectors. With a current portfolio valued at over INR 23,500 crore, the company is increasingly focusing on integrating these responsible development practices into its upcoming projects across Mumbai, Thane, Pune, and Tirupur.