tie bangalore event: sustainable apartments
DESCRIPTION
Apartment Associations are pressured by rising costs of resources at the same time members are challenged on their contribution to rising service fees. This TiE event showed how you would source and manage energy much better and benefit from entrepreneurs. Presentation by: Sanjeev Joshi Founder and CEO Ebhana Software services Pvt LtdTRANSCRIPT
Panelists……………….
Tie Event
Sustainable Apartments
Apartment sale process
Builder is Boss Buyer has no say
Owners Make an Association to take on builder
Sustainable Apartments
• Historical view and Birth Pains of apartments
– Apartments were originally built to mitigate the cost and availability of land
• Now the reasons are moving –security- company-ease of maintenance-etc
– Typically no owner is involved in building stage
– Associations are formed after the apartments are made- Like fellow passengers in long distance trains
Clash of Titans
• Two Animals Builder and Individuals
• Transforms to Builders and Associations
Birthing problems and Living Objectives
• Builder gets benefitted by Low Cost
• Associations have to pay for all inefficiencies
• Savings do not start from ground zero
– They start from Minus one
• Individual homes V/s Flats
– Incentive to save Capex for Father
– Incentive to save Opex for Son
Possible directions
• Involvement at construction stage – Difficult
• Legislation on efficient building – Difficult
• Economic consideration – relatively easy
– With low Capex –relatively easier
– With No Capex easiest
• Generating awareness
• Incentivising efficiency – may be tax breaks etc