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Indian Construction segment takes on Green path

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As per to the sources saying @ the www.propertykhazana.com, concerned about the environment, Indian Realty is committed to develop green buildings. Greenomics, study revealed that the Indian construction industry is growing at 10% yearly as compared to the world average of 5.5% and the country is likely to set up 110 Million Sq.ft of green space in the future. Focusing on the cost benefit scrutiny for GBs, from the study it is planning for LEED – GOLD certification which can improve its extra costs in a repayment period of 3-4 years.
Chairman of JLLM in a verbal communication with the www.propertykhazana.com that, β€œthe challenges experienced intrinsic in developing GBs in India is the additional investment in an uneven realty market set-up and obscurity in supply of GB material and maintaining discount, which gives GBs a soaring rental value than the conventional buildings in their surrounding area and also the carbon credits that can be received from the condensed GHG emissions.” practically the all new GBs concept in India are coming up in Mumbai and Chennai and the idea of GB is easily spreading up to other cities like Kolkata, Bengaluru, Hyderabad and NCR.
Emerging consciousness on the benefits of GBs among global and domestic occupiers is positively motivating the demand for GBs. Govt. has started ECBC under the NBC and Standards to promote GBs in India. The CII along with IGBC and other experts are also operating to lessen defies of GBs, by allowing developers to set up and work GBs with no difficulty. So, the complete green ecosystem is sloping up in India, launching new investment chances for developers and giving them better reason to get into developing endurable buildings. For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

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