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Tata Capital > Blog > Loan for Home > Check Out the Requirements and Benefits of Getting a Green Home Certificate
Are you an environmentally conscious consumer? Well, you will be happy to know that you can apply for a green house certification if you’re building a green home.
Green homes are an excellent way to reduce your carbon footprint. Since they use resource-efficient processes and eco-friendly material, they can eliminate the negative impact of the construction process. Also, choosing a sustainable home can help tackle water and energy insufficiency and reduce environmentally harmful waste. Read further to learn about green house certificates and their benefits.
The Indian Green Building Council (IGBC) has developed the first green homes rating system – IGBC Green Homes to introduce green techniques in the real estate sector. Since then, a few other rating systems, such as the Green Rating for Integrated Habitat Assessment (GRIHA) and Leadership in Energy and Environmental Design (LEED), have been launched in India.
Here are a few factors that can help your house earn the ‘green’ flag:
Moreover, your developer must register the project under a particular rating system and submit the required documents. Finally, you receive the certificate only after the construction is complete according to the degree of compliance.
Now, let’s look at some of the green house certificate benefits.
Additional Read: Top Eco-Friendly Real Estate Properties in India
Are you still wondering how a green housing certificate benefits a home buyer such as yourself? Here’s how.
If you compare the cost of living in a traditional house to a green building, you will realise that green homes are much cheaper to live in. Why? Because they utilise natural energy sources like solar energy to power the house. What’s more, some green buildings are made from special bricks to regulate the temperature inside the homes and reduce energy costs.
A green certificate can increase a home’s resale value considerably. Since they offer a plethora of benefits, these houses especially appeal to younger homebuyers. There is also a higher demand than supply for sustainable houses, contributing to a higher resale value. Also, you can easily borrow a home loan from a reputed lender to finance your green abode.
Additional Read: How Can a Green Home Make You Financially Sustainable?
And lastly, living in a green home can provide multiple health benefits and better air quality. They offer ample natural light, better ventilation, curb germs and bacteria, etc., to improve your home health. Thus, you can contribute towards a healthier environment both outside and inside the house!
Although sustainable housing is relatively new in India, it is rapidly gaining popularity among environment conscious homebuyers. So, it’s only a matter of time before green housing becomes more commonplace.
In any case, if you’re looking to finance a green property, Tata Capital can help. Thanks to our easy home loan eligibility terms, you can quickly qualify for a loan and afford a green home anywhere in the country.
Just visit our website or download our home loan app here to learn more about our tailor-made loan offerings and move into your eco-friendly dwelling soon!
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