Green buildings make good business sense as any investment made in green buildings is paid back within 3-4 years.
By 2030, building stock in India is expected to reach 100 billion sq.ft., up from the existing 25 billion sq.ft. India has tremendous opportunity to go green and concerted effort by stakeholders is the need of the hour.
Green building projects
Green Buildings movement in India, with the support of all stakeholders is being spearheaded forward by the Indian Green Building Council (IGBC). The council is represented by stakeholders across the board of the Indian construction industry comprising of the government, corporate, nodal agencies, architects, designers, institutions, builders & developers, product manufacturers, suppliers, facility managers among other sector players.
As on date, India has over 2,085 registered green building projects amounting to over 1.43 billion sq.ft of green building area. It is among the top three countries in the world fully involved in spearheading the global green building movement. CII’s Indian Green Building Council envisions to cross 5 billion sq.ft. by 2015-2016. Continue reading
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