09-14-2017 12:25 PM CET - Energy & Environment
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Download India Green Building Market Opportunity Outlook 2020 Report

Press release from: Kuick Resarch

India has a great tradition of building environment friendly homes throughout its history. Various renewable and natural items like bamboo, agricultural residues, clay etc. have traditionally been used in vast areas of India, particularly in rural areas. But the concept of modern green building having minimum impact on environment began to grow in late 1990’s. Then the rating system for green buildings started in early 2000’s with the formation Green Rating for Integrated Habitat Assessment (GRIHA) by the TERI and MNRE and then Indian Green Building Council (IGBC). Since then green building movement in India gained tremendous impetus over the years. Now there are more than 4500 green building projects in India with about 4.17 Billion Square Feet built-up area which is only second after the USA in terms of built area as well as number of projects. But the current stock of green buildings in India is only 5% of the total buildings in India that shows the massive market potential of green buildings in India.

Green buildings are being considered as the modern day architectural marvels because of their potential to protect environment and transforming real estate market substantially. India’s National Housing Bank (NHB) andndash; India’s state-owned housing financial institution has projected that India's real estate sector is expected to surpass US$ 150 Billion industry by 2020, building on initiatives such as smart city mission. Green buildings being a special segment of the real estate industry as whole and ongoing trends of promotion of sustainable development, a substantial party of the real estate market is going to be in green building sector. As per the industry estimates, for the new buildings, India’s green building market is projected to be in the range of US$ 30 Billion to US$ 40 Billion. Almost three fourth of the buildings to be constructed in India by 2030 are yet to be built. As the awareness about green buildings is on the rise along with favorable policies, a major portion of these buildings will be green buildings.

The new high-rise residential, communities and mixed-use development are expected to be the top three sectors for green building growth in India in the coming years. Environment friendliness and reduced operating costs are already among the parameters real estate customers consider serious before investing. The promotion of green buildings andndash; the aspect it largely lacked till three-four years ago, is going to have immense impact on the future green building market.

Growth in green building market in India is also likely to bring about enormous economic growth by creation of a new industrial sector. The notion of green building being a completely new in India, there are very few number of existing professionals in the sector. But as the market grows, there will be demand for architects, technicians, energy experts, environmentalists, consultants etc. having adequate knowledge of the sector. Some of the green building rating agency providers like IGBC or GRIHA has already started building professionals dedicated for green buildings. In next one decade or even less, the trend will enhance remarkably. As the worth of green buildings is being perceived by more sections of the society with the passage of time, the ultimate objective of sustainability i.e. economic development maintaining the environment looks easy to achieve.

“India Green Building Market Opportunity Outlook 2020” Report Highlights:
India Green Building Market Overview
Why India Needs Green Building
India Green Building Market By Sector
India Green Building Construction Materials Market
India of Green Building Rating System
Indian Government Policy on Green Building

For Report Sample Contact: neeraj@kuickresearch.com

Report Weblink:www.kuickresearch.com/report-india-green-building-market-...

1. Overview of Green Building

2. India Green Building Market Overview

3. Why India Needs Green Building
3.1 Environmental Benefits of Green Buildings
3.2 Economic Benefits of Green Buildings
3.3 Social Benefits of Green Buildings

4. India Green Building Market By Sector

5. India Green Building Construction Materials Market
5.1 Overview
5.2 Market Size

6. India of Green Building Rating Systems
6.1 India Green Building Council(IGBC)
6.2 Green Rating For Integrated Habitat Assessment (GRIHA)
6.3 BEE Star Rating For Commercial Building

7. India of Green Buildings Regulatory Bodies
7.1 GRIHA Council
7.2 India Green Building Council (IGBC)
7.3 Bureau Of Energy Efficiency(BEE)
7.4 Ministry of New and Renewable Energy (MNRE)
7.5 The Ministry of Housing and Urban Poverty Alleviation
7.6 Ministry of Environment and Forest
7.7 State governments
7.8 Local Governments
7.9 Confederation of Real Estate Developers' Associations of India (CREDAI)

8. Indian Government Policy on Green Building
8.1 Energy Conservation Building Code
8.2 Energy Efficient Solar/ Green Buildings
8.3 Mandatory GRIHA Rating for Government Buildings
8.4 Smart Cites
8.5 Integrated Energy Policy
8.6 Local Government Environmental Norms for Buildings

9. India Green Building Market Favorable Parameters
9.1 Rapid Urbanization and Economic Growth
9.2 Largely Untapped Market
9.3 Favorable Policies
9.4 Growing Environmental Concerns and Promotion of Sustainability
9.5 High Return-on-Investment and Shorter Payback Period

10. India Green Building Sector Challenges
10.1 Improper Government Policies
10.2 Higher Cost than Conventional Buildings
10.3 Lack of Awareness and Proper Understanding
10.4 Lack of Skilled Manpower and Technology

11. India Green Building Market Future Outlook

Kuick Research is a market research and analytics company that provides targeted information for critical decisions at business, product and service levels. We are quick, predictive and known by the recommendations we have made in the past. Our result-oriented research methodology offers understanding of multiple issues in a short period of time and gives us the capability to keep you full with loads of practical ideas. By translating research answers into strategic insight and direction, we not only rate the success potential of your products and/or services, but also help you identify the opportunities for growth in new demographies and find ways to beat competition.

Kuick Research
New Delhi - 110001
India
+91-11-47067990

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