GREEN BUILDINGS AND SUSTAINABLE HABITATS: DEVELOPING A PERFECT ACCORD IN HOMEBUILDING AND SUSTAINABLE ENVIRONMENT

摘要

A steep consumer demand has now pushed the global green building market to a trillion dollar industry. According to the latest report from the US-based Dodge Data & Analytics, by 2018,green buildings in India will grow by 20 per cent.The survey, which was done in almost 70 countries, shows that global green buildings continue to double every three years. Further, the report mentioned that green buildings save operational costs in comparison to conventional buildings.The survey respondents expect 14 per cent savings in operational costs over five years for new green buildings. Likewise, they expect 13 per cent savings in operational costs over five years for green retrofit (adding new features or changes in existing buildings) and renovation projects.The countries which responded to the survey also said that there is a 7 per cent increase in asset value of green buildings, in new or renovated as against conventional buildings.