Colliers: About 80-85% of office leasing is expected in green-certified buildings; Green office inventory to reach ~ 700 million sq ft in next 2-3 years

Colliers: About 80-85% of office leasing is expected in green-certified buildings; Green office inventory to reach ~ 700 million sq ft in next 2-3 years https://www.taxtmi.com/news?id=41345 Green building adoption is accelerating across India's real estate, with two-thirds of Grade A office stock in top cities green-certified and leasing increasingly concentrated in certified buildings. New supply is predominantly certified and projections foresee certified Grade A office inventory rising to about 700 million sq ft within 2-3 years. Older office stock presents large retrofit investment opportunities to improve energy performance. The report stresses policy measures-streamlining environmental clearances, tax incentives for renewables and ESG compliance-to scale adoption and mobilise capital toward a sustainable built environment. en-us Fri, 18 Apr 2025 15:01:04 +0530 Fri, 18 Apr 2025 15:01:04 +0530 TaxTMI RSS Generator Colliers: About 80-85% of office leasing is expected in green-certified buildings; Green office inventory to reach ~ 700 million sq ft in next 2-3 years https://www.taxtmi.com/news?id=41345 Green building adoption is accelerating across India's real estate, with two-thirds of Grade A office stock in top cities green-certified and leasing increasingly concentrated in certified buildings. New supply is predominantly certified and projections foresee certified Grade A office inventory rising to about 700 million sq ft within 2-3 years. Older office stock presents large retrofit investment opportunities to improve energy performance. The report stresses policy measures-streamlining environmental clearances, tax incentives for renewables and ESG compliance-to scale adoption and mobilise capital toward a sustainable built environment. News - Fri, 18 Apr 2025 15:01:04 +0530 https://www.taxtmi.com/news?id=41345