Depleting Natural Water Sources and an Uncertain Supply Underlines the Need for Sustainable Urban Water Management Strategies: Colliers Research

/ -- India's increasing population leads to increased commercial activities - both agricultural and industrial - increasing the need for water and leading to the depletion of surface and ground water. While water is used in the actual construction process, it is also embodied in the construction material. The total water embodied in typical Indian urban construction is about 27.6 kilolitres per square metre of built area. This also includes the water consumed during the actual construction process which is about 2 kilolitres per square metre.

"Building and managing efficient and sustainable water infrastructure should be given prime importance in the development plans of private developers and of the government while developers need to focus on adopting water saving construction practices," says Kaveri R Deshmukh, Senior Associate Director, Research, Colliers International India.

Higher Floor Surface Index (FSI) and growing need for water
The impact of water scarcity on real estate development includes:
Costs
Delays
Contemplated construction ban in Bengaluru would likely push residential market in sellers' favour
1. Office market may run short of supply
2. Uncertainty blues for developers and end users