MUMBAI: India is expected to see strong growth in the green building sector with nearly 55 percent of all projects likely pursuing green by 2021, a recent survey said.
According to the Dodge Data and Analytics World Green Building Trends 2018 SmartMarket Report, India anticipates strong growth in several building sectors including new commercial construction, new high-rise residential, commercial interiors, new institutional construction, and green communities.
Nearly two-thirds of the survey participants report that using a rating system like LEED allows them to create a better performing building, and more than half of respondents believe that rating systems provide third party verification that ensures buildings are in fact green.
“LEED has helped transform building practises over the last two decades and continues to push the top performers, but we know that we can’t leave any buildings behind if we are to create a lasting environmental impact,” US Green Building Council President and CEO Mahesh Ramanujam said.
As per the report, overall, global green building activity continues rise, with significant increases expected in 19 countries over the next three years.
“The global green building industry stands poised for even more rapid growth, it underscores the need for third-party validating systems like LEED,” he said. (AGENCIES)
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