 "Real estate")
The Indian real estate market is embracing green buildings due to a heightened environmental consciousness among corporates and investors. They are willing to pay a premium to comply with global sustainability norms and provide a healthy workplace for employees.
In 2023, the office real estate market in India witnessed a significant shift towards sustainability, with an 83 per cent growth in green office stock compared to 2016, according to a recent report titled Sustainable Real Estate: An Opportunity to Leverage by KPMG in India and Colliers.
The report considers the period after the Real Estate (Regulation and Development) Act, 2016
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