Page 46 - Construction Vision Sep-Oct 2017 issue

Demand for

GREEN BUILDING

in India ready to

“We have green building across 500-odd projects in
SKYROCKET India. We expect this to double in coming years as the
demand for such buildings grows,” Mahesh
Ramanujam, President and CEO of the US Green
Building Council (USGBC), said earlier in 2017.

uppliers of eco-friendly building materials and interior
According to Ramanujam, India ranked third worldwide for countries
design/decor products really ought to have their eyes on India
with LEED-certified buildings in 2016. Nearly 650 Indian building
Sat the moment. The nation is very quickly becoming Asia
projects earned LEED certifications that year.
Pacific's green building champion.
Included in this total was the SIERRA ODC office building in
Coimbatore. SIERA ODC boasts an LEED score of 103 out of 110 – the
Environmental regulations and nationwide health concerns are driving second highest score awarded in 2016.
a green building revolution throughout India at present. By 2020, the
amount of environmentally buildings is expected to nearly double from
The market for environmentally sound, sustainable materials is only
the current 157.9 million square metres of space to a huge 278.7
going to increase too (suppliers take note!). By 2019, India's market
million sqm. There are plenty of eco-building projects in the pipeline
for green building materials is estimated to reach $234 billion.
too. High-rise residential blocks, schools, communal spaces, and
mixed-use developments are the top sectors driving demand for green Fittingly, India appears as if it will be a sustainable source of deals
buildings. and contracts long into the future.

44 CONSTRUCTION VISION SEPTEMBER - OCTOBER