News & Views on Indian Real Estate

Thursday, September 04, 2008

Green Buildings Gaining Popularity In India

The green buildings movement is gaining popularity in India. The green footprint in the urban landscape is growing and currently, about 220 million sq ft of green buildings are under construction. Mr. S. Srinivas, principal counselor, CII Godrej Green Building Council, said from one building in 2001, there are now 254 green buildings with 150 million sq ft registered for certification in India. Further, with green homes rating being launched, 68 green homes of 88 million sq ft have registered. Mr Srinivas added, "Today 60% of these projects are being driven by builders and developers, as marketability of the green buildings are higher. And customers are demanding more green buildings."