The demand for 'green buildings' ie green buildings is increasing rapidly amid increasing awareness towards environment across the country. Although their price is slightly higher than in traditional homes, people in urban areas are now preferring eco-friendly options. According to real estate experts, this change is not only in the interest of the environment, but also financially beneficial in the long term.
Green buildings are based on better use of energy, water and natural resources. These include environment-friendly ingredients like rain water harvesting, solar panels, waste management and 'Hempcrete'. This not only saves electricity and water, but also provides better environment in these houses in terms of health.
Where did the demand increase?
National President of National Real Estate Development Council (Naredco) G. According to Hari Babu, green housing projects are becoming increasingly popular in big cities like Delhi-NCR, Bengaluru, Pune and Hyderabad. Cities like Noida, Gurugram and Ghaziabad are becoming hubs of green housing. Many real estate companies are receiving green ratings like IGBC, Griha and Edge.
Price more, but beneficial
Hari Babu says, 'Green buildings cost 5–10 per cent higher than in traditional homes. This is due to green construction materials, energy efficient systems and initial investment in certification process. But over time, this expenditure is recovered from saving of up to 20–30 per cent in electricity and water bills.'
Still challenge in small towns
The President of the Confederation of Real Estate Developers Association of India (Credai), Shekhar G. Patel said that there is a lack of awareness about green housing in Tier-2 and Tier-3 cities as compared to metro cities. "Cost, technical knowledge and lack of consumer education are hindering this change in small cities," he said.
Green real estate is getting support
According to experts, existing consumers are looking for houses that are energy efficient, save water and provide clean environment. Along with this, the Green Property Sector is also being strengthened by investment trends related to ESG (Environmental, Social, Governance).
More than 1.21 million green homes in India
Patel informed that so far more than 21 lakh green-attested houses and more than 60 certified townships have been built in the country. However, he also added that commercial green spaces have increased rapidly compared to residential green projects.
Increased interest in commercial buildings
According to the report of Naredco and Credai, about 75 per cent of Grade A office sites taken in six major cities in 2024 were green buildings. Delhi-NCR and Pune are at the forefront of this front. This year 80–85 percent of the total demand is expected to come from green certified places.
FAQs
1. What is inexperienced construction?
Green construction (additionally called sustainable or eco-friendly constructing) refers to the design, construction, and operation of homes in an environmentally accountable and useful resource-green way. It objectives to minimize carbon footprint, reduce strength use, conserve water, and enhance indoor air high-quality.
2. Why is there a unexpected boom in green production?
A mixture of climate alternate cognizance, authorities incentives, inexperienced building certifications (like LEED), and consumer demand for sustainable dwelling is fueling the upward thrust in eco-friendly construction global.
3. What are the environmental triggers at the back of the inexperienced construction trend?
- Key environmental awareness elements include:
- Rising worldwide temperatures and severe weather occasions
- Growing carbon emissions from traditional buildings (approx. 39% of global CO emissions)
- Resource scarcity (in particular water and strength)
- Awareness of poisonous indoor substances affecting health
4. How do green homes help the surroundings?
They reduce:
- Energy consumption (thru insulation, sun electricity, and so on.)
- Water waste (via low-glide plumbing and rainwater harvesting)
- Carbon emissions (the usage of sustainable materials and clever technology)
- Construction waste (through recycling and green layout)
5. Are inexperienced buildings more costly to build?
Initially, they could cost 1–10% more than traditional homes due to premium substances and technologies. However, lengthy-term operational financial savings, tax advantages, and higher property values frequently outweigh the upfront fees.
