Latest news with #ECBC
News18
4 days ago
- Business
- News18
Cost vs Benefit: The Long-Term Advantages In Green Buildings
Last Updated: Real estate sector is shifting to sustainable construction, with green buildings becoming the new standard. Authored by Amrita Gupta, Director of Manglam Group: The real estate sector is under increasing pressure to take charge of the climate crisis as it becomes more pressing. The emphasis has changed from building fast and cheaply to building more sustainably and intelligently. Green buildings may assist in that endeavour. These buildings, which are made to use less energy, produce less waste, and rely on renewable resources, are not just a fad; they are the new standard. Although the initial cost of building a green building may be higher due to the use of advanced materials and technologies, this is only one aspect of the situation. These buildings eventually pay for themselves through lower maintenance, low operating costs, and energy savings. India's Growing Need for Sustainable Construction Think about how fast our cities are growing. Everywhere you look, there's construction—buildings, roads, infrastructure. In India, this sector isn't just busy; it's also a huge part of the economy, making up nearly 9% of the national income. The pace of growth comes at a cost—it puts serious pressure on our resources and power supply. That's why sustainable development can't just be a buzzword anymore—it has to be part of how we build and grow. India has also set an ambitious target—to reach net-zero carbon emissions by 2070. It's a big goal, and the steps we take now, especially in high-impact industries like construction, will play a crucial role in getting us there. The industry is moving in the right direction thanks to national initiatives like the Energy Conservation Building Code (ECBC). Adopting green buildings is important for India not only for its environmental impact but also for its economic stability and position as a global leader. There was a time when the biggest obstacle to green construction was cost. However, this is changing fast. As more people get behind sustainable construction, we're seeing real changes on the ground. It's becoming easier to source eco-friendly materials, and global building regulations are getting stricter. At the same time, architects, engineers, and developers are learning from experience—so designing and putting up green buildings is getting more straightforward and less expensive than it used to be. it's becoming obvious that green buildings aren't just good for the planet—they're good for business too. Today's investors and tenants are a lot more mindful about where they put their money, and sustainability plays a big part in those decisions. Properties that meet green standards often attract better tenants, see higher occupancy, and even fetch better resale and rental value. For developers and owners, that can mean stronger returns and a real edge in the market. Developers are now increasingly leaning towards green buildings as they have realised the long term savings they offer. They're designed to use less electricity and water, which means monthly bills are lower. Sure, the initial cost can be a bit more, but in most cases, that gets recovered within a few years—and from there, the lower running costs make a noticeable difference. With the added advantage of durable, low-maintenance materials, the overall cost of ownership becomes much more manageable. Healthier Spaces, Happier People Green buildings do more than just cut costs—they create better environments for the people who live and work in them. When you've got enough sunlight, good air circulation, and the right temperature, it just feels better to be inside—and it's better for your health too. There's growing evidence that these kinds of environments can actually help people work better and feel healthier, which is a big plus for companies focused on employee wellbeing. Future-Proofing Through Sustainability As environmental regulations become stricter across the globe, buildings that fail to meet modern sustainability standards may face serious financial and legal challenges. Investing in green infrastructure now is a way to future-proof real estate assets. It's also a safeguard against fluctuating energy prices, carbon taxes, and shifting market expectations. Sustainable buildings are more likely to retain their value and remain competitive in the long run. A Greener Future for All When entire communities and cities begin to embrace green construction, the impact can be profound. It goes beyond individual buildings—supporting climate action, improving energy security, conserving precious resources, and even creating new jobs. Green buildings help build resilient cities and enhance the quality of life. They represent a smart, forward-looking approach to urban development. Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. top videos View all About the Author Business Desk A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover More
Hans India
5 days ago
- Business
- Hans India
AP's pioneering energy-efficient bldg nearing completion
Visakhapatnam: It pays well to optimise and economise energy consumption, instead of ranting at authorities every time power charges are raised. The Andhra Pradesh Eastern Power Distribution Company Limited (APEPDCL) has come up with the first-of-its-kind energy-efficient building in Visakhapatnam that can slash power consumption by 50 per cent or even more, redefining architectural design and integrating innovation and sustainability. The Super Energy Conservation Building Code (ECBC) structure, built at Sagar Nagar in Visakhapatnam and targeted to save energy by at least 50 per cent compared to conventional buildings, is nearing completion. Constructed in an area of 14,400-sq. ft by the Bureau of Energy Efficiency (BEE) in collaboration with the APEPDCL and the Andhra Pradesh State Energy Conservation Mission (APSECM), the Rs.13 crore-project is backed by the BEE with a grant of Rs.5 crore. From windows that control sunlight and filter heat to cavity walls, false ceiling to air conditioners and ripple-AC-brick structure, several innovative features have been built into the innovative structure. The cavity walls include an eight-inch outer wall and four-inch inner wall. Between them there is a four-inch air gap. In addition, a 50-KW powered solar plant has been installed on the premises to ensure optimum utilisation of renewable energy. The project serves as a shining example of sustainable development in a big way. Chairman and Managing Director of the APEPDCL Prudhvi Tej Immadi emphasised, while talking to The Hans India, that the Super ECBC structure not just sets a new trend for energy-efficient development in the state, but also contributes significantly to the broader target of promoting sustainability and conserving the environment. An official from the APEPDCL shared with The Hans India that, considering that the architectural designs of the pioneering structure are not just innovative but also energy-efficient, there was scope for the building to bag an award in future. The Super ECBC building plays a key role in mitigating environmental challenges and catering to rising energy demands. They aid in slashing energy consumption as well as emissions and contribute significantly to sustainability and resilience. Besides, the structure offers economic advantages through lower operating costs and enhanced property APEPDCL has plans to utilise the two-floored structure to facilitate a host of training sessions for its employees spread over 11 districts under its jurisdiction.
