As per studies, a large number of luxury projects as well as residential properties in Mumbai have been tagged as green buildings by the developers just to attract the buyers. To avoid such traps, it is very important that a home buyer checks the authenticity before planning to invest in a green building. Since people are quite conscious about the healthy?lifestyle, green building projects are widely accepted throughout the country.
As per some reports, the green certified buildings are given priority for the environmental clearance rather than conventional buildings which obtain clearance certificate only after a year or two.
On the other hand, despite the green?architecture?being in trend, there has been poor response for the scheme. The key reason for the poor response of the green building is the process of securing an official green certificate as the process is quite?lengthy?and costs lakhs of?rupees.
According to a developer, the?construction?material and the technology involved in the certification of the green building increases the cost of the project by 10 percent. The developer also said that acquiring a green certificate is quite a challenge and that he was not aware about the incentives involved despite his three ongoing green certified projects. The developers from Mumbai feel that the state government should initiate a measure to encourage green trends.
What is a green building?
?Green building means designing and constructing buildings that uses minimal resources, efficient and durable and eliminates its negative impacts on the environment and living beings. They are healthy to live in and are also affordable.
A green building has a?large?number of benefits which can be?categorized?into social, economical and environmental.
Social benefits:
- Green building reduces the poor indoor environmental quality (IEQ) which is caused due to insufficient air circulation, poor lighting, mold growth, varied temperature, carpeting, furniture materials, toxic chemicals, paints and other pollutants. All of the above cause respiratory problems and allergies.Further, green building results in ample amount of ventilation and eradicates non-toxic materials paving way for comfortable and healthy living.
- Green building leads to healthier lifestyle which preserves natural environment affording to a variety of recreation and exercise?opportunities. The concept also provides alternatives for public transport, bicycling and driving. This will further have an impact on global health and traffic.
Economical benefits :
- Green building saves energy and water through the resource efficiency provided by green design and technology. This eventually reduces the operation costs and offers dramatic long-term savings.
- Green building increases the property value through the low operating costs and easy maintenance. It also?contributes?for lower?vacancy?rates?and?higher property values.
- Green building decreases the?infrastructural?strain as it exerts lower demand on the local power grid and the water supply increasing the capacity of the local?infrastructure.
Environmental benefits:
- Green building reduces emission. The pollutants when released by the fossil fuels, cause a global climatic change and produce contaminated air. This leads to problems like acid rains, smog, reduction of ozone layer and so on. The green building techniques like solar powering, facilitation of public transport and others create energy?efficiency?by reducing harmful emissions.
- Green building helps in water conservation as the recycling of rainwater and?grey water?can preserve the potable water. This saves excessive water.
- Green building helps in storm water management through green roofs and building surfaces.
- Green building helps in temperature moderation. The?urban?heat is produced from the retention properties of the tall buildings and urban materials. All of these materials can be replaced with the green building materials and designs.
- Green building helps in waste reduction. The alternative technique of green building deconstruction decreases the waste production.
Related Real Estate Articles:
Green Building Increases Resale Value
Gurgaon real estate focussing on green buildings
Image courtesy of njaj at FreeDigitalPhotos.net
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