Pune-Based Gera Developments Receives Gold Pre-Certification from the IGBC Green Homes for Gera’s Planet of Joy

Pune, March 30th, 2023: Gera Developments, pioneers of the real estate business and the award-winning creators of premium residential and commercial projects in Pune, Goa, Bengaluru, and California, today announced that it has received the prestigious ‘Gold’ pre-certification from the Indian Green Building Council (IGBC) Green Homes for its highly sought-after ChildCentric® Homes, Gera’s Planet of Joy.

Gera’s Planet of Joy is designed based on the IGBC standards that integrate a host of sustainable practices and solutions with an intent to mitigate the environmental impact of real estate construction. Accordingly, recognition has been accorded to the developer for taking initiatives such as the usage of low-flow fixtures for flushing to reduce the consumption of water for waste, implementation of drip irrigation for optimizing the use of water in plants, and the facility for rainwater harvesting, which helps in using the water for non-potable purposes.

With an aim to facilitate better ventilation and natural light for the well-being of dwellers, the project has leveraged 30% of the floor area of the apartment as windows. The apartments and common rooms for usage are equipped with LEDs and low-energy consumption fixtures that enable the optimization of electricity requirements. Similarly, high-efficiency motors and low-loss transformers contribute to reducing and tracking energy consumption.

Gera’s Planet of Joy has also adopted solar photo voltaic panels to generate electricity for common area lighting and the panels installed on the terraces help provide hot water to all the apartments. For eco-conscious homebuyers, the project has covered 15% of the land with plantations and more than 50% of the land surrounding the site also features green and open spaces.

In a statement, Rohit Gera, Managing Director of Gera Developments, said, “The ‘Gold’ recognition under the IGBC Green Homes rating system is a testimony of our commitment to conserving energy and natural resources through cutting-edge infrastructure and meticulously strategized project designs. Not just for Planet of Joy, Gera Developments has always adopted well-thought-through practices for sustainable development for all its projects. This pre-certification has reinforced our commitment and we look forward to paving the way by extending ourselves as a real estate company advocating for green development.”

Gera’s Planet of Joy was launched in December 2021 and has ever since garnered an exceptional response and emerged as Upper Kharadi’s fastest-selling project with more than 90% of inventory being sold in less than 10 months. In fact, Gera’s Planet of Joy managed to sell 525+ units, which was worth Rs. 425+ crores, within the first three days after launch.

Gera’s Planet of Joy is the third ChildCentric® Homes project in Pune and the fourth in India. This project is spread across a massive, 16-acres of land and offers world-class amenities such as 9 celebrity-led training academies, 6 clubhouses, a wave pool, a multipurpose court, an amphitheatre, a herb garden, an art room, creche facilities, geo-fencing, cycling track, rock climbing wall, and much more.