Monday, October 22, 2018

India’s green footprint will grow to 1,000 crore sq ft by 2022: IGBC

The Indian Green Building Council (IGBC) is planning to increase the green footprint in the country from the current 5 per cent to 15 per cent in the next 4-5 years.
There are 4,700 projects across India currently, which covers 640 crore sq ft and by 2022 we want to reach 1,000 crore sq ft. The aim is to add around 100 crore sq ft every year.
As per the IGBC, there are 14 lakh villas, houses, apartments under the green building movement. There are around 300 IGBC projects in Delhi-NCR alone. However, capacity building is one of the major challenges while trying to adopt a green building concept in India.
The market potential of green buildings in India is around US$ 300 billion by 2025.


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