India's commercial real estate (CRE) sector is witnessing a significant transformation as sustainable and eco-friendly workspaces become increasingly popular. The demand for green buildings is on the rise, driven by both environmental consciousness and th
Sustainable BuildingsGreen Real EstateCommercial Real EstateEnvironmental ImpactIndiaReal Estate NewsFeb 26, 2025
Green buildings are structures that are designed, constructed, and operated in an environmentally responsible and resource-efficient manner. They use energy-efficient systems, sustainable materials, and innovative technologies to minimize their impact on the environment.
Companies are demanding green workspaces to reduce their carbon footprint, achieve sustainability targets, and create healthier, more productive working environments. Green buildings are known to enhance employee well-being and productivity.
Common features of green buildings include solar panels, rainwater harvesting systems, natural ventilation, energy-efficient lighting, green roofs, and vertical gardens. These features help reduce operational costs and promote environmental sustainability.
In India, common certifications for green buildings include LEED (Leadership in Energy and Environmental Design) and IGBC (Indian Green Building Council) certifications. These certifications ensure that buildings meet rigorous criteria for energy efficiency, water conservation, and indoor environmental quality.
The Indian government supports the adoption of green buildings through various initiatives, including tax benefits, subsidies, and fast-track approvals for green building projects. These policies encourage developers to adopt sustainable practices and help accelerate the transition to a more sustainable built environment.
Anarock reports that Delhi-NCR recorded the highest yearly jump of 30% in average residential prices, from Rs 5,800 per sq ft in 2023 to nearly Rs 7,550 per sq ft in 2024, driven by robust demand and rising construction costs.
CapitaLand India Trust (CLINT) has achieved a top 5-star rating in the 2024 GRESB Real Estate Assessment, highlighting its commitment to sustainability in every stage of the real estate life cycle, from investment to design, development, operations, and f
Zerodha co-founder Nithin Kamath has sparked a debate by proposing that property values should be linked to environmental factors, particularly air quality. This bold idea has the potential to transform the real estate market and promote healthier living
Ashish Jain, the Managing Director of Pune-based real estate firm Kundan Spaces, attended a private reception in Washington DC, ahead of Donald Trump's inauguration as the 47th President of the United States.
Cyril Amarchand Mangaldas, one of India's leading law firms, provided comprehensive legal advice to Blackstone on its recent acquisition of a significant stake in the Bagmane Group's Special Purpose Vehicles (SPVs). The deal, which includes multiple real
The real estate sector has high expectations from the upcoming Union Budget 2024-25, seeking policy changes to boost growth and sentiment.