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IN CONVERSATION




              driven approach to sustainability.   development landscape.          agencies such as the Verified Carbon
              This commitment not only enhances    To do this, I will focus on integrating   Standard (VCS) and Gold Standard
              the quality of life for residents but   cutting-edge technologies and green   to offset any residual environmental
              also ensures that our projects are   building techniques into every project.   impacts, ensuring that sustainability is
              environmentally responsible and aligned   This includes implementing passive   integral to every aspect of living in Vida.
              with the future of urban living.   design strategies that enhance energy   We also employ advanced Building
                                                 efficiency and reduce environmental   Information Management (BIM)
                  What challenges have you faced   impact. By prioritizing renewable energy   systems, which comply with ISO 14064
             Q in implementing sustainable       sources and carbon offsetting measures,   standards, to accurately calculate
              practices in real estate, and how have   we aim to set a new industry standard   greenhouse gas emissions from the
              you overcome them?                 that balances sustainability with market   project’s outset. By utilizing Green
              Real estate has certainly presented   demands and affordability.     Power and investing in renewable
              its challenges, but we view these    By staying ahead of emerging trends   carbon credits, we actively minimize
              as opportunities for growth and    and investing in innovative practices, we   our environmental impact while still
              innovation. One major challenge is   can respond proactively to the evolving   focusing on affordability.
              the initial investment required for   needs of urban residents.
              sustainable technologies and practices.   Ultimately, my vision for Nila Spaces   What role do community spaces
              However, we have overcome this by   is to create spaces that not only meet  Q play in your vision for urban
              embracing technology and innovation   the needs of today’s consumers but also   living, and how are they designed
              as core components of our strategy.  contribute positively to the environment   to enhance the quality of life for
                 Another challenge is creating   and community.                    residents in Nila Spaces projects?
              communal spaces that promote                                         Community spaces are integral to our
              community interaction while            How does Nila Spaces          vision for urban living at Nila Spaces.
              maintaining efficiency in construction.  Q approach the balance between   We recognize that in today’s fast-paced
              Our approach has been to design    affordability and sustainability in its   world, fostering genuine connections
              spaces like our Sky-park, which    projects, ensuring accessibility for all   among residents is crucial for
              are accessible to all residents and   potential residents?           enhancing quality of life. Our approach
              encourage community bonds. This focus   At Nila Spaces, we believe that   to designing these spaces is focused
              on connectivity helps us counteract   affordability and sustainability   on promoting interaction, inclusivity,
              urban isolation, a key concern in today’s   can—and must—go hand in hand   and well-being.
              society.                           in our projects. Our flagship project,   At VIDA, we design communal
                 Efficiency in project delivery is key,   Vida in GIFT City, exemplifies this   spaces as social hubs to foster resident
              and we use advanced construction tech   commitment. Its carbon neutrality   connections. Thoughtfully crafted, these
              to speed timelines while maintaining   aligns with global climate objectives   areas support engagement through
              quality. By investing in industry   while incorporating IGBC Platinum-  organized events, casual gatherings,
              startups and staying attuned to trends,   rated green building designs to   and shared amenities like the Sky-
              we lead in sustainable practices.   significantly reduce greenhouse gas   park, which offers premium features
              We continuously refine methods to   emissions.                       and encourages community bonding.
              align with market demands, ensuring   To ensure accessibility for all   Beyond aesthetics, these spaces
              top-notch customer experiences and   potential residents, we have taken   are built for well-being, with green
              using challenges as opportunities for   several strategic steps. In partnership   landscapes, walking paths, and seating
              sustainable innovation.            with Deloitte, we conducted a thorough   for outdoor enjoyment, enhancing both
                                                 carbon accounting exercise that   mental and physical health.
                  In light of your recent award   adhered to ISO and GHG protocol     Our design approach is resident-
             Q ecognition, how do you plan       standards. This allowed us to quantify   centred, we listen to community
                  r
              to further innovate and lead Nila   both operational and embodied carbon   needs to create adaptable spaces,
              Spaces in the evolving landscape of   emissions and develop a clear roadmap   such as children’s play areas, fitness
              urban development?                 for mitigation and neutralization. By   zones, and event gathering spots,
              Receiving an award is both an      regularly assessing our carbon emission   catering to diverse activities and
              honour and a responsibility that I   patterns, we maintain accountability and   demographics. These spaces serve
              take seriously. It reflects not just   transparency throughout the project’s   as more than physical areas—they’re
              my dedication to excellence and    lifecycle.                        catalysts for building interconnected
              sustainability, but also the collective   Moreover, Vida emphasizes “Carbon   neighbourhoods. By prioritizing quality
              efforts of the entire Nila Spaces team.   Handprints,” where we help residents   communal areas, Nila Spaces enriches
              Moving forward, my goal is to continue   find innovative solutions to reduce their   urban living, enhancing the overall
              leading the way in innovation and   own carbon footprints. We use high-  experience for all residents. n
              sustainable real estate within the urban   quality carbon credits from reputable   prasenjit.chakraborty@saffronsynergies.in



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