Environment

At Mindspace REIT, we understand the impact of our business activities on the ecology. We proactively take measures to mitigate environmental footprint by adopting green practices, while creating lasting value for the ecosystems we build and nurture.

To grow responsibly, we have undertaken initiatives that align with the requirements of Green Building Certifications to ensure that our properties are designed to be environment focused.

Air quality

30%

Extra fresh air as per ASHRAE 62.1

950+

EV charging points installed

Key initiatives

  • Deployed mechanical air filters of MERV 8 and MERV 13 grade across all Air Handling Units across to ensure required IAQ
  • Base HVAC design incorporates energy efficient system for indoor air changes by continuously replacing used indoor air with treated fresh air
  • Installation and monitoring of CO2
  • Use of low VOC (volatile organic compound) paints, sealants and adhesives
  • Thermal comfort design as per ASHRAE 55, which helps maintain humidity and temperature

Joined the global RE100 initiative led by Climate Group


Energy efficiency

Key initiatives

  • First real estate entity from India to join the Climate Group EV100 initiative Committed to transitioning our entire vehicular fleet to being 100% electric by 2030. We have installed 950+ EV charging points
  • First real estate entity in India to join the global RE100 initiative led by Climate Group in partnership with the Carbon Disclosure Project (CDP
  • Renewable power generation at Mindspace Madhapur and Commerzone Porur of the REIT are equipped with solar panels to generate clean energy. The entity has an installed capacity of approximately 1.8 MW of rooftop solar PV. Mindspace REIT is committed to 100% renewable energy use across areas seviced and maintained by it within the portfolio by 2050.
  • Optimal power usage through:
    • Energy efficient chillers
    • Energy efficient chillers
    • Efficient pumps and motors
    • Use of LED lights and fixtures
    • Heat recovery wheels
    • Integrated Building Management System for detailed monitoring of power consumption and control of equipments
    • 1.8 MW

      Installed capacity of Solar PV


Water management

30-95%

Potable water saving across green buildings

Key initiatives

  • Quality check of recycled and treated water through certified third party
  • Enhanced STP technology to improve water quality and plant efficiency
  • Optimizing water efficiency » Rainwater harvesting » Recycling and reuse of treated water » Lower water wastage
  • Potable water saving across green buildings – 30-95%
Water efficiency interventions at Commerzone Kharadi, B3
  • Rainwater Harvesting, Roof & Non-roof- 100% of the roof and non-roof run-off to be harvested / collected for reuse
  • Water Efficient Plumbing Fixtures-water consumption reduced by 45.2% by use of low flow fixtures
  • Landscape Design- 80% of landscape area covered with drought tolerant species and 20% covered with turf

Waste management

80-100%

Reuse of construction waste

Key initiatives

  • 3Rs—Reduce, Recycle, Reuse from construction stage to occupancy and beyond
  • Installation of organic waste composters across most assets
  • Recycling of dry waste and composting of wet waste through certified third-party vendors

Green Buildings

>18.7 msf

Total Green Building Certified footprint

Key initiatives

  • 36 of our buildings are ‘Green Certified’ by LEED AND IGBC. U.S. Green Building Council (USGBC) Leadership in Energy and Environmental Design (LEED) and Indian Green Building Council (IGBC) certification
  • LEED and CII-IGBC Gold or Platinum certifications for our properties
    • c.77% of the operational portfolio is green and 100% of those green buildings are either Gold or Platinum certified
Interventions at Commerzone Kharadi – Building B3
  • IGBC New Buildings Platinum certification by CII-IGBC for best practices
  • HVAC systems that operate on CFC-free refrigerants
  • Use of energy efficiency measures such as efficient wall, roof, common area, and exterior lighting power density and HVAC equipments