The Energy & Sustainability Services team of Jones Lang LaSalle, West Asia has successfully facilitated the LEED Platinum Certification process for Intuit India Product Development Centre for their office space at Pritech Park, Bangalore.
Thanks to the efforts of the Indian Green Building Council (IGBC), awareness in the corporate world has increased and green space has increased from 20,000 sq ft to about 730 million sq ft since the inception of IGBC. Though trend is commendable, there is a long way to go – awareness among end users is still limited and demand for green buildings needs to rise a lot more.
Over the next two decades, more than 500 million people (greater than the current population of either North America or Western Europe) will migrate to cities in the BRICS.
Jones Lang LaSalle India’s latest research report Upscaling Indian Real Estate discusses the roles of various stakeholders – architects, builders and the government in preparing and upscaling the Indian real estate market on five broad aspects:
Taking action on India’s environmental crisis is no longer an option – it is a necessity. Sustainable real estate presents India with an unique and enormous opportunity to make concrete progress in the country’s effort to improve its environment. There is greater consciousness towards the environmental crisis in India with terms such as sustainable development, corporate social responsibility and triple bottom reporting becoming more common in the real estate industry. Nevertheless, despite the ever rising construction activity, awareness of sustainability in India has significantly lagged behind countries in the West.