India Real Estate Monitor

New trend of real estate industry is the green building concept. Such green buildings are environment friendly and energy efficient. A green building uses less energy, water and natural resources, creates less waste and is healthier for the people compared to a standard building.   According to Mr. Ajay Mathur, Director General for Bureau of Energy Efficiency under the Ministry of Power, “India has close to thirty million square feet of green buildings; an amazing achievement given the fact that we had only about twenty thousand square feet in 2003 when the movement started here”.
Green buildings are wooing more and more buyers. These are in existence from last two years and now various Government organizations are spreading awareness and popularizing its energy efficiency feature.