By Nawaz Sayyed
From last more than half decade Green Building Process has an upsurge, realtors are taking interest in this process as concern authorities are awarding to the builders with LEED (Leadership in Energy and Environmental Design) Gold Certification. So, this could one of the reasons that attracting to developers towards Green Building Process.
As Green buildings use resources (energy, water, materials, and land) more efficiently and effectively than buildings that are simply built to code. These create healthier working, learning and living environments with more natural light, cleaner air and improvement in occupant health, comfort, and productivity. It also helps in saving money for the owners by reducing operation and maintenance costs and lowering utility bills for instance. Green projects primarily work towards energy saving, water conservation and optimum utilization of natural light. Such structures help combat challenges such as energy costs, water shortage, global warming, etc.
Green Buildings have recently gained prominence amongst developers as well as policy makers. The market potential for green building materials, equipment and services in India is estimated to be $100 billion by 2015. Government authorities are even considering incentives such as granting extra floor space index (FSI), to green projects. In spite of this, not all realtors have adopted green initiatives. This is because they increase the overall cost of the structure by 2-5%; however it must be realized that this cost can almost always be recovered within first year of construction because of the reduction in operational costs incurred by such homes. “At Omkar, it’s our duty to provide healthy living and contribute to the society in the best way possible, we ensure that our constructions are designed as per LEED Green Building specifications” Mr. Amar Tendulkar, Senior V.P. Planning & Design said.
Recently several companies have got the LEED award such as the Pune Marriott Hotel and Convention Centre has been awarded the LEED (Leadership in Energy and Environmental Design) Gold Certification from the Indian Green Building Council (IGBC). The hotel, with its various green initiatives, is the only hotel in Pune and the first Marriott in India to receive the honour. While accepting the award the General Manager of the Pune Marriott Hotel and Convention Centre, Mr Balan Paravantavida quoted “The Pune Marriott Hotel and Convention Centre is truly honoured to have received the LEED Gold Certification. We at the hotel have always gone that extra step to ensure that we are responsible citizens. We look forward to continuing our efforts and contributing towards a greener world.”
On the other hand the U.S. Green Building Council (USGBC) has certified a corporate office building, ‘Godrej Bhavan’ in Mumbai, as a high-performance green building that maximizes operational efficiencies while minimizing environmental impact. The upgraded facility, which is owned by Godrej, one of India’s largest industrial conglomerates, now offers a significantly reduced environmental impact as well as lower energy and operating costs. “We believe it is important to create a LEED-certified workspace because it benefits the environment and the bottom line,” said H N Daruwalla, vice president and business head, Godrej Electricals & Electronics.
This all is an indication that green structures are the need of the hour particularly in metros.