India is a booming economy, yet the concept of green buildings is not as popular in the country as it should be, even though their cost of construction is at the most 5% higher than that of conventional buildings. Experts believe that the reason behind this is lack of awareness.
Anand Mishra, chairman of CII-Rajasthan, says while the cost is marginally higher, the impression that green buildings are expensive and unaffordable for a large segment of buyers has been a big hurdle in their adoption on a mass scale.
It should be noted that even though a green building might cost you 5% higher than a normal one, the energy and water savings can offset the extra expense in less than five years, while giving you the added advantage of a better quality of life.
As Mishra says, “The bigger advantage is quality of life. Living in a green building certainly enhances longevity, improves productivity and has an enormous positive impact on mental health.”