The real sector has emerged as one India’s largest drivers of
economic growth. As a sector, it provides large scale employment
and contributes significantly to the GDP. For decades,
environmentalists have been warning that frenetic human economic
activity associated with the breakneck speed of economic growth
is placing a huge strain on the earth and its natural resources.
Of course, we keep pushing those limits back with clever new
technologies; yet eco-systems are undeniably in decline. Since
real estate is emphatically driving this growth, it is also
directly impacting the environment. Sustainable development is
all about minimizing this impact and ensuring we keep the planet
green and alive. Sustainability is often misunderstood as
curtailing use and stifling developmental activity. Nothing can
be farther from the truth. The number of certified green
buildings in India has witnessed a four-fold growth in the last
4 years. This is testimony to the growing popularity of the
concept. If one goes by the publi