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How green is my building: Demand for sustainable homes, offices is rising

Amid increasing concern for the health of the planet, sustainability is emerging as more than just a trendy buzzword for developers

Green Homes, sustainable homes
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Aneeka Chatterjee
Amid increasing concern for the health of the planet, sustainability is emerging as more than just a trendy buzzword for developers.
 
A report by advisory firm Xynteo released on March 22 sheds light on the shifting landscape. In Tier-I Indian cities, middle-income residents are willing to pay an extra 5-10 per cent for sustainable living, while companies are showing a readiness to invest up to 15 per cent more in green-certified structures.
 
In Mumbai, the number of residents exhibiting a strong preference for sustainability when buying homes, prioritising features like green spaces and indoor air quality, is 70 per cent