
About 80-85% of office leasing is expected in green-certified buildings; Green office inventory to reach ~ 700 million sq ft in next 2-3 years
Green building adoption accelerating across real estate segments, led by energy savings, rental premiums and emission reductions
Green building footprint on the rise; certifications across real estate asset classes reach 13 billion sq ft in 2024 (IGBC)
Two-thirds of Grade A office stock already green-certified across the top six cities
Green-certified office buildings have higher occupancy levels at 80-90%, commanding rental premium of up to 25%
Investment potential of over INR 425 billion to emerge from retrofitting older office buildings
Carbon footprint reduction gaining prominence in other asset classes like data centers, retail, hospitality, and healthcare
Ahmedabad, India, 18 April 2025: India’s real estate sector is undergoing a major transformation, with sus...