If we compare the climatic condition on Earth of the present age with that which took place a decade ago, we would see a significant difference. The negative impact in climatic change has become a concern for people globally. Pollution is one of the reasons behind it. Thus, every industry is trying out for some environmentally friendly products. The real estate sector is also making effort to present the products that will not pose any harm to the environment.With the rise of population, the real-estate market is booming. But, the modern Indian consumers are longing for the real estate projects with green facilities.
The report of global construction 2020 says, just after China India is rated as the third largest global construction market. It is also estimated that, it will cross over $22 billion by the same year. There was a time when producing the construction based goods brought out huge load of fumes and residues. This had a negative impact towards the environment. But, with the advancement in the technology, the real-estate companies have got the chance of making the construction inclined towards less fuel emission. Also, the new BS(CE) IV norms will make the regulation much tighter with regard to the environmental regulatory framework.
Today, the construction companies are going for the building of green homes. This is done with the help of eco friendly materials. With the use of such an environmental cozy materials mankind will help the environment to stay safe and also provide the good quality of life for all those who are going to reside in the particular property. There are many positive effects of green buildings. It will reduce the energy consumption by 30% and can also retain the water wasted by 40%.
The cost effectiveness is another important factor that helped the mass to have inclination towards the green homes. As compared to the usual non green homes the green homes are much less costly with regards to the maintenance. Also, the values of those buildings are quite high. According to the IGBC board, the construction companies have created 5,142 registered green projects. Also, the area around this home as maintained was 6,723 millions square feet.
It has been found out that, India was successful to be maintained as one of the top 5 countries that brought largest volume of registered green building footprints. The economy of the nation is also been boosted by all these green projects.