Ahmedabad

Knocksense Shorts | Gujarat witnesses a remarkable rise in Green Buildings

Green Revolution takes over Gujarat's Real Estate, embracing economic and environmental advantages

Zeal Jani

The concept of Green Building has long been advocated by the Indian Green Building Council (IGBC). However, it was post-COVID that Gujarat's real estate sector witnessed an unprecedented surge in green buildings, with a remarkable 91 registrations between January and March this year, dwarfing the 93 registrations recorded for the entirety of the previous year.

The pandemic appears to have presented a silver lining for builders and investors alike. Sameer Sinha, the former chairman of IGBC, revealed how real estate developers have begun taking a keen interest in adopting green building practices. They have come to the realization that these eco-friendly approaches not only benefit the environment but also prove to be highly cost-effective. In fact, the operational costs of Green buildings are approximately 40% lower than traditional buildings, leading to substantial savings for stakeholders.

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