29 May '12, 9pm

India Can Lead in the Global Trend towards Energy Efficient Real Estate

India now ranks second in the world for area under green building cover , pointing to the country’s impressive growth in green and energy efficient spaces over the last ten years. India’s buildings footprint, predicted to grow from 8 billion square meters in 2005 to 41 billion by 2030 , is one of the most energy intensive sectors of the country. Reducing the building stock’s energy consumption holds huge opportunities for cost savings, energy security and mitigating climate change. All of these benefits can be reaped easily by investing in the low hanging fruit of energy efficiency. The real estate market all over the world is recognizing this opportunity and there is an increasing global market demand for green buildings, with the growing awareness that in most buildings energy consumption has significant influence on financial performance. India’s real estate is setting ...

Full article: http://switchboard.nrdc.org/blogs/rkhosla/india_can_lead_...

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