Browsing: Green Office Demand

Reports Green Buildings in India, Green Certified Buildings, IGBC, LEED, Green Office Buildings,Green Commercial Buildings, Green Office Demands, Vestian Report, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Real Estate Journalists

65% of office space in India is green-certified: Vestian

Grade A office buildings with a built-up area of less than 5 lakh sq ft account for 47% of the total number of green-certified buildings. On the other hand, office buildings with a built-up area of more than 10 lakh sq ft account for only 19% of the total number of green-certified buildings. Despite this, 90% of the total projects within this category still qualify as green buildings, showcasing a strong focus on sustainability. Notably, green certification is rare in office buildings with a built-up area of less than 1 lakh sq ft. This signifies lower preference for sustainability practices amongst small and medium-scale developers and occupiers.