IGBC to revise its fee structure from February -min
Indian Green Building Council will be revising its pre-certification and certification fee structure. Revised fee structure will become applicable from February 1st. Revised fee structure will be applicable for certification of green new buildings, green campus, green factory building and green homes. According to IGBC, it is the first time IGBC is revising its certification fees in last ten years.
Earlier pre-certification fess for members and non-members was Rs 150,000 and 185,000 respectively. As per the new structure there are different rates for founding members, annual members and non-members and rates vary depending upon the area of the structure. From February onwards, the certification fee payable will vary depending upon the type of the structure, viz., green new buildings, green campus, green factory building and green homes. Also within each category, there will be three sub-categories which will be based on the size of the area.
According to IGBC, fee revision had become necessary as the overheads and other expenses have gone up significantly.
The Indian Green Building Council (IGBC), part of the Confederation of Indian Industry (CII) was formed in the year 2001 to enable a sustainable built environment for all and facilitate India to be one of the global leaders in the sustainable built environment by 2025. The council offers a wide array of services which include developing new green building rating programs, certification services and green building training programs. The council also organizes Green Building Congress, its annual flagship event on green buildings.