The new way for the real estate industry to achieve sustainable housing is through green building architecture and practices. The restricted supply and greater price of green construction materials as compared to conventional materials is one of the major issues that Indian developers encounter. The situation isn't that awful, though, that foreign suppliers aren't necessary.
The local markets offer enough low-impact raw materials to build extremely effective green structures.There are currently not enough green material producers in India to foster healthy competition, which would compel producers to provide customers with products of higher quality and value. But given how quickly things are evolving, I'm confident that in a few years, this assertion will no longer be true.
India's Green Building Challenges
Making use of systems and materials that were probably not created with sustainability in mind is the main difficulty when designing and developing green structures. There are already many goods on the market in India that boast recycled, renewable, and local content as being environmentally friendly.However, it is crucial to confirm these assertions. The following are useful resources for confirming the environmental advantages of materials:
• Lack of third-party certification: India currently lacks an environmental third-party certified system for construction materials.
• Energy modelling: The high cost of acquiring such services is caused by a severe dearth of excellent energy modellers in India.
• Environmental Product Declarations (EPDs): Interface is one of the few American businesses with operations in India that offers EPDs. There are no Indian businesses that come to mind that adhere to such best practices.
• Life cycle data: Since there is neither a mandate nor a necessity for this data, nor do I foresee Indian manufacturers giving it anytime soon. Therefore, rather than the availability of green raw materials, it appears that the key problem in the future years will be the verification of environmental claims for green construction materials.
Compared to "sustainable architecture," this phrase is more precise. For a structure to fulfil its most fundamental purpose—the comfort of its occupants—a lot of materials and procedures are needed. Only by going back to the Stone Age would construction be really sustainable.The goal of green construction is to reduce environmental effects without sacrificing human comfort. The goal of green building is to do more with less, which is why this industry is so intriguing. It is quite gratifying to see that some of our suggestions actually make an impact after just a little over a year of advising.
World Green Building Council released its sustainable architecture report, in accordance with the article, just 24% of construction companies globally were actively engaged in green building in 2003. More than half of the companies would be mostly or entirely devoted to green construction in 2013, with 94% of organizations likely to be significantly involved.Although this is good for the industry, it also implies that there will be more duplication, greenwashing, and a lack of project differentiation.Numerous more intriguing facts in the study show developments in the green construction industry. I have posted the report here for download under "Statistics on Green Buildings" for the readers' convenience.
Costs and Return on Investment for Green Buildings
Since this issue is frequently asked, the majority of green building experts will simply say that the average green construction costs 5% to 15% more than a conventional structure and that the payback period is typically 3 to 5 years.The cost of turning green is relative and cannot be precisely measured, although being theoretical. We are builders that consistently employ high-performance building designs and materials, effective lighting and HVAC systems, wastewater treatment, rainwater harvesting, waste management, and other green building practices.
We incur little to no additional costs as a result of turning green since they would have done it anyhow.Because of the clear advantages that environmentally friendly and resource-efficient construction offers, modern homebuyers are not only aware of these aspects but actively seek them out. This is made feasible by the ability of environmentally friendly and resource-efficient buildings to generate their own electricity, have better methods for capturing water, and even boost biodiversity. Buildings that are environmentally friendly also provide several economic advantages to various real estate industry players.In our most recent phase of development, we are creating the SAGE Green City & Sagar Green Hills Projects, which are outfitted with cutting-edge facilities, smart technology, and an ecologically conscious design. These improvements to residential areas assist you in selecting a property that perfectly balances modernism and tranquillity while maintaining environmental harmony.