Gera goes green in Goa

Tags: Real Estate
Michael Gonsalves

Gera Developments, the Pune-based realty firm, has launched Gera’s Imperium Green, the next generation green building commercial property in Goa. Located in Mala, (soon to emerge as Patto Extension) in Panjim. It is Goa’s first commercial property that is powered by green intelligence and utilises numerous green parameters of an eco-friendly building.

These include solar shading, double glazing, motion-sensor lighting and energy saver lights, all of which will help reduce power consumption by 16 per cent. “Compared to the base case the annual savings in electricity at Rs 7 per unit works out to Rs 19.5 lakh per annum,” Rohit Gera, managing director at Gera Developments told FC Build.

Gera Development The company that has been active in the real estate sector for 43 years now, has prior experience in tackling the needs of office spaces: it’s Imperium I and Imperium II at Patto Plaza in Panjim city were big hits among buyers.The present project will comprise 58 office spaces. “We are planning this new commercial project in such a way that we will be raising the bar in environment and natural resource conservation,” Gera said.

The office spaces are exclusively designed for customers looking for sophisticated and streamlined work environments for their business, Gera added. The building’s elegant facade, its strategic location with street-facing shop spaces, coupled with good civic infrastructure and great connectivity makes it the perfect business and professional destination in Goa, a company release said.

Imperium Green will be ready for possession by 2015 and bookings will be open from Diwali onwards. The property is priced between Rs 8,000 and Rs 20,000 per sq ft depending on location as well as office and retail use.

The commercial project will be equipped with its own separate water treatment and sewage treatment plant to reduce its water requirement from Panjim by 75 per cent. “The parking norms of the city require the building to have 64 parking spaces. As against this, the building will have as many 82 parking spaces,” Gera said. He said the objective was to ensure that owners/occupants use the 64 basement spaces, while visitors have adequate off-street parking, thereby reducing the congestion on the streets.

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