Abstract:

The total energy consumption calculates for all buildings account for up to 40% in India, and commercial and residential real estate combined will account for more than 2000 TWH of energy consumption by 2030. India has an expected energy deficit of around 12% which is one of the major hurdles for the government. This will result in a further increase in electrification in all areas. Green buildings utilize fewer resources and are healthier to live in. They offer significant operational cost savings compared with conventional buildings. In effect, green homes can expect a 14 percent savings in operational costs over five-year savings for new green buildings and 13 percent savings in operational costs over five years for green retrofit and renovation projects. Building owners also report that green buildings, whether new or renovated, give a 7 percent increase in asset value over conventional buildings.