The rise of Green buildings by 37% in last 5 years in India

by Atul Goel Pune Atul Goel Pune - Goel Ganga Group

According to a new report from real estate consulting firm CBRE South Asia, India has seen a 37 percent increase in the availability of green real estate assets or buildings that are ESG (environmental, social, and governance) compliant in the last five years. This indicates a rise in awareness among the Indian real estate sector for imbibing sustainability in its assets.

According to CBRE, while the initial cost of a green building is considerable, the expenditures are reducing when compared to the long-term advantages. The resale value of both residential and commercial properties grows as green buildings have a cost-effective extended life. Green buildings also have a higher rental value.

Why do buyers go for green buildings?

The surge in green buildings points at growing awareness in the real estate sector. As the world prepares to confront the consequences of climate change, this ratio will rise; every attempt to slow environmental degradation will aid in the preservation of our ecosystem. Over the last few years, consumers have been increasingly worried about their carbon footprint, says Atul Goel Ganga, the MD of Goel Ganga Group.

New-generation buyers are conscious of their lifestyle choices and seek long-term sustainability. As a result, developers are implementing a variety of initiatives and green building practises. This includes solid waste management, water recycling, rainwater harvesting, renewable energy sources, and efficient designs.

 The use of less non-renewable resources and more eco-friendly, recyclable materials will help a project's long-term viability. While such procedures have long been the norm, environmental-friendly building practices will become more prevalent in the future. You will find all these modern and sustainable amenities at Goel Ganga Group projects developed by Atul Goel Ganga Pune.

Revolution of green construction

The corporate sector has embraced the green construction revolution; the ultimate objective should be to raise awareness among homebuyers, resulting in more green houses. A green building's construction cost is only 2% more than a 'non-green' structure. As a result, purchasers should know about the benefits of green housing.

Another advantage is that it boosts one's health. It has been scientifically shown that a lack of oxygen in the home and excessive air conditioning use might make you feel lethargic. This is because the carbon in the air begins to rise; you become thirsty and unable to work with full focus. People have become aware of this in the last two years as a result of the work-from-home phenomena.

Goel Ganga Group developed by Atul Goel Pune is focusing on building green houses that include enough ventilation and indoor-outdoor air circulation, as well as minimum heat infiltration for thermal comfort and acceptable indoor air quality – all of which are important for the residents' health.

Advantages of green homes

1. Efficiency in Energy

Green building designers strive to limit reliance on nonrenewable energy sources such as coal as much as feasible. To that purpose, they install solar panels to harness the sun's energy and design windows to let in as much natural light as possible.  Because non-renewable energy sources are expensive and destroy the environment, energy efficiency is critical.

2. Improves the quality of the indoor environment

The quality of an indoor environment is determined by the circumstances within a building and how they affect the structure's occupants. Green buildings do this by incorporating movable windows. These windows let in as much natural light as possible and limiting the use of materials that may release harmful substances.

3. Better Environment

Green buildings help to keep the environment clean by limiting the use of energy sources that harm the environment, such as coal.

Conclusion

As these advantages of green buildings demonstrate, humans can satisfy all of their current demands without wasting resources or damaging the environment in a way that makes it impossible for future generations to live happily. Developers are using unique construction approaches to create eco-friendly environment. This way the resources will be used efficiently and ethically without jeopardising the user's health and comfort.

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Created on Apr 19th 2022 01:23. Viewed 194 times.

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