Real Estate Development, Investment and Advisory firm Netz Realty is launching townships near Mumbai and Bangalore. The Singapore based Netz Capital backed firm Netz Realty is launching Green Township projects on the model of self sustainable living for the 100 acres plus projects being planned near Mumbai and Bangalore.
Netz Realty’s green township projects will be launched by end of 2011 and each township will have over 15,000 residential units. Netz Realty is taking help of internationally renowned green architects for the design for its two mega townships to be developed in Joint Venture formats. The construction will be costing an additional Rs. 500 to Rs. 1000 for the entire township.
The company claims to meet the residents’ 80 per cent of energy and food requirements from the infrastructure. There will be additional cost of infrastructure and the plan is to keep the residents unaffected of the rapidly increasing global inflation.
“India is facing the biggest challenge of rapidly rising inflation these days. Until all Indians think of changing their lifestyle towards a self sustainable living, inflation is going to be inevitable and hurting. Our job at Netz Realty is to provide Indians a housing infrastructure capable of meeting its all energy and food related needs. Our architecture for the townships will be focused on factors such as saving energy, waste recycling, water recycling and harvesting, generating green energy and self sustainable farming. Even gardens at our township will have machines on which you can exercise and charge your own mobile phones or electric cars.” said Renuka Khekade, an official spokesperson of Netz Realty and Infrastructure.
Netz Realty will provide the facilities for Green Township with special cladding providing thermal insulation and maintaining temperature, design to provide maximum sunlight during day to avoid electricity for lighting during daytime, absorption of Sunlight for water heating and electricity generation, design of residential units to pass maximum clean air to and fro to reduce fan usage, mini wind Mills for electricity generation, waste management and recycling, water electricity for street lamps, organic farming areas of onion, tomatoes and green vegetables, street charging stations for electric cars and reserved lanes for bicycles.
Netz Realty and infrastructure is backed by Singapore-based Netz Capital worth $50 million portfolio in Aviation, Internet, HR and real estate industry. Netz Realty Infrastructure focus is on green townships and budget housing. Netz Realty plans to provide self sustainable living to 1 million people in the next 10 years by using green architecture. Netz capital is a venture capital fund and advisory focused on real estate and infrastructure backed business models supported by technology. Netz capital focuses on emerging markets, companies and industries globally. Netz Capital has portfolio worth $50 million and is currently advising transactions worth $2 billion.
