IGBC is very closely working with several Central and State Government agencies to promote the green building movement in the country. Some of the Central and State Government agencies have given recognition to IGBCs' Green Rating Systems. The list of incentives provided are appended below:
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.
Government of Punjab (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
Government of Rajasthan (Jaipur Development Authority)
additional 5% FAR free of charge for projects which are rated Gold or above by IGBC.
A. Government of West Bengal (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).
A. Government of Uttar Pradesh (Housing and Urban Planning Department):
Additional 5% FAR free of charge for projects which are rated as Gold or above by IGBC.
B. 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.
Pune Municipal Corporation (PMC), 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.
Government of Andhra Pradesh
offers 25% subsidy of 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.