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Green buildings in India: drivers and barriers in commercial real-estate (Softcopy is also available)

By: Contributor(s): Material type: TextTextPublication details: 2022Description: xvi,129pDDC classification:
  • P TH-2661 NIT
Contents:
Contents Undertaking i Certificate iii Acknowledgments v Abstract vii Table of Contents ix List of Figures xi List of Tables xiii List of Abbreviations xv Chapter 1: Introduction 1 1.1 Background 1 1.2 Advantages of Green Buildings 2 1.3 Identification of the Research Gap 3 1.4 Problem Statement 4 1.5 Research Questions 4 Chapter 2: Research Design and Methodology 5 2.1 Aim 5 2.2 Research Objectives 5 2.3 Research Methodology 6 2.3.1 Study Design 7 2.4 Stakeholder Mapping 10 2.5 Structure of the Report 10 2.6 Scope of Research 12 2.7 Limitation of the Work 12 Chapter 3: Literature Review 13 3.1 Sustainability and Sustainable Development 13 3.2 Green Building Movement in India 14 3.3 Energy and Water Efficiency of Green Buildings in India 15 3.4 Global Examples of Frameworks and Policies for Green Buildings 17 3.5 Comparison Between a Green Building and a Conventional Building 18 3.5.1 Cost Comparison Between a Green Building and a Conventional Building 19 3.6 Conversion of a Conventional Building into a Green Building 20 3.7 Drivers for Green Buildings 21 3.8 Barriers to Green Buildings 22 Chapter 4: Exemplary Green Buildings at a Global Level 25 4.1 Innovations by the Greenest Buildings 25 4.1.1 The Edge, Netherlands 25 4.1.2 Indira Paryavaran Bhawan, India 26 4.1.3 Aorangi House, New Zealand 28 4.1.4 Pixel, Australia 29 4.1.5 New Austin Library, USA 30 4.1.6 Lessons Learnt from Exemplary Global Case Studies 31 4.2 Green Building Case Studies in Hot-Humid Climatic Zones 32 4.2.1 The World Trade Centre, Colombo in Sri Lanka 32 4.2.2 PETRONAS, Terengganu in Malaysia 33 4.2.3 CII Sohrabji Godrej Green Business Centre, Hyderabad 34 4.2.4 Olympia Tech Park, Chennai 36 4.2.5 Sierra ODC IT Office, Coimbatore 37 4.2.6 Lessons Learnt from Case Studies 38 4.3 Analysis of Exemplary Green Certified Office Buildings 39 Chapter 5: Green Building Scenario in India 41 5.1 Frameworks and Policies for Green Buildings in India 4 5.2 Green Building Rating Systems in India 44 5.3 Process for IGBC Green Building Certification 46 5.4 Evolution of IGBC Green Building Certification 51 5.5 LEED India Projects 52 Chapter 6: Chennai City Profile 53 6.1 Overview 53 6.2 Location and Connectivity 54 6.3 Institutional Framework 55 6.3.1 Local Government: Greater Chennai Corporation 55 6.3.2 Local Planning Authority: Chennai Metropolitan Development Authority. 55 6.3.3 Tamil Nadu Government Agencies 55 6.4 Demographic Profile 56 6.5 Economic Characteristics 57 6.6 Spatial Expansion 58 6.7 Legal Aspects: Transaction Process from Land Procurement to Operation & Maintenance 58 6.8 Commercial Real Estate Scenario: Greater Chennai Corporation 59 6.9 Green Building Scenario in Chennai 61 6.9.1 Development Control Regulations and Other Frameworks Related to Green Buildings 61 6.9.2 Green Building Movement in Chennai 62 6.9.3 Mapping the Commercial Office Green Buildings in Chennai 63 Chapter 7: Research Tools and Methods for Data Collection 65 7.1 Interviews with Stakeholders who Have Experience in Commercial Office Green Building Real Estate 65 7.2 Interview with an IGBC Official 65 7.3 Interviews with Developers who do not Have Experience in Commercial Green Building Real Estate 65 7.4 Analysing Single Owner-Occupied Commercial Office Buildings 65 7.5 Analysing Multiple Tenant Occupant Commercial Office Buildings 67 Chapter 8: Discussions and Findings 71 8.1 Interviews with Stakeholders who Have Experience in Commercial Office Green Building Real Estate (P1 – P10) 71 8.2 Interview of IGBC Official (P11) 88 8.3 Interviews with Developers who do not Have Experience in Commercial Green Building Real Estate (P12 – P16) 93 8.4 Case Studies: Analysing Single Owner- Occupied Commercial Office Buildings 95 8.4.1 Strata 2017 – 2021 95 8.4.2 Strata 2012 – 2016 97 8.4.3 Strata 2006 – 2011 99 8.4.4 Financial Analysis from Case Studies: One Time Capital Value with Recurring Cost for Operation and Maintenance 100 8.4.5 Findings from Case Studies 102 8.5 Analysing Multiple Tenant Occupant Commercial Office Buildings 103 8.5.1 Financial Analysis: Rent Value Comparison Between Green Certified Office Building with Conventional Office Buildings 104 Chapter 9: Conclusions and Recommendations 107 9.1 Conclusion 107 9.2 Recommendations to Accelerate the Green Building Movement in India 109 9.2.1 Recommendation 1: to mandate green building regulations and guidelines 109 9.2.2 Recommendation 2: for green building legislative framework 109 9.2.3 Recommendation 3: to monitor the green building movement 110 9.2.4 Recommendation 4: for green building policies 110 References 113 Appendix 1: Government Incentives for IGBC Certified Green Buildings 117 Appendix 2: Government Incentives for GRIHA Certified Green Buildings 119 Appendix 3: Interview schedules for stakeholders with experience in commercial green building real estate projects 121 Appendix 4: Interview schedules with IGBC executive officer from the Chennai local chapter 123 Appendix 5: Interview schedules for stakeholders without experience in commercial green building real estate projects 125 Appendix 6: Green building case study survey questionnaire 127 Appendix 7: Compilation of Survey Data for Commercial Office Buildings with multiple Occupying entities 129
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Contents
Undertaking i
Certificate iii
Acknowledgments v
Abstract vii
Table of Contents ix
List of Figures xi
List of Tables xiii
List of Abbreviations xv
Chapter 1: Introduction 1
1.1 Background 1
1.2 Advantages of Green Buildings 2
1.3 Identification of the Research Gap 3
1.4 Problem Statement 4
1.5 Research Questions 4
Chapter 2: Research Design and Methodology 5
2.1 Aim 5
2.2 Research Objectives 5
2.3 Research Methodology 6
2.3.1 Study Design 7
2.4 Stakeholder Mapping 10
2.5 Structure of the Report 10
2.6 Scope of Research 12
2.7 Limitation of the Work 12
Chapter 3: Literature Review 13
3.1 Sustainability and Sustainable Development 13
3.2 Green Building Movement in India 14
3.3 Energy and Water Efficiency of Green Buildings in India 15
3.4 Global Examples of Frameworks and Policies for Green Buildings 17
3.5 Comparison Between a Green Building and a Conventional Building 18
3.5.1 Cost Comparison Between a Green Building and a Conventional Building 19
3.6 Conversion of a Conventional Building into a Green Building 20
3.7 Drivers for Green Buildings 21
3.8 Barriers to Green Buildings 22
Chapter 4: Exemplary Green Buildings at a Global Level 25
4.1 Innovations by the Greenest Buildings 25
4.1.1 The Edge, Netherlands 25
4.1.2 Indira Paryavaran Bhawan, India 26
4.1.3 Aorangi House, New Zealand 28
4.1.4 Pixel, Australia 29
4.1.5 New Austin Library, USA 30
4.1.6 Lessons Learnt from Exemplary Global Case Studies 31
4.2 Green Building Case Studies in Hot-Humid Climatic Zones 32
4.2.1 The World Trade Centre, Colombo in Sri Lanka 32
4.2.2 PETRONAS, Terengganu in Malaysia 33
4.2.3 CII Sohrabji Godrej Green Business Centre, Hyderabad 34
4.2.4 Olympia Tech Park, Chennai 36
4.2.5 Sierra ODC IT Office, Coimbatore 37
4.2.6 Lessons Learnt from Case Studies 38
4.3 Analysis of Exemplary Green Certified Office Buildings 39
Chapter 5: Green Building Scenario in India 41
5.1 Frameworks and Policies for Green Buildings in India 4
5.2 Green Building Rating Systems in India 44
5.3 Process for IGBC Green Building Certification 46
5.4 Evolution of IGBC Green Building Certification 51
5.5 LEED India Projects 52
Chapter 6: Chennai City Profile 53
6.1 Overview 53
6.2 Location and Connectivity 54
6.3 Institutional Framework 55
6.3.1 Local Government: Greater Chennai Corporation 55
6.3.2 Local Planning Authority: Chennai Metropolitan Development Authority. 55
6.3.3 Tamil Nadu Government Agencies 55
6.4 Demographic Profile 56
6.5 Economic Characteristics 57
6.6 Spatial Expansion 58
6.7 Legal Aspects: Transaction Process from Land Procurement to Operation & Maintenance 58
6.8 Commercial Real Estate Scenario: Greater Chennai Corporation 59
6.9 Green Building Scenario in Chennai 61
6.9.1 Development Control Regulations and Other Frameworks Related to Green Buildings 61
6.9.2 Green Building Movement in Chennai 62
6.9.3 Mapping the Commercial Office Green Buildings in Chennai 63
Chapter 7: Research Tools and Methods for Data Collection 65
7.1 Interviews with Stakeholders who Have Experience in Commercial Office Green Building Real Estate 65
7.2 Interview with an IGBC Official 65
7.3 Interviews with Developers who do not Have Experience in Commercial Green Building Real Estate 65
7.4 Analysing Single Owner-Occupied Commercial Office Buildings 65
7.5 Analysing Multiple Tenant Occupant Commercial Office Buildings 67
Chapter 8: Discussions and Findings 71
8.1 Interviews with Stakeholders who Have Experience in Commercial Office Green Building Real Estate (P1 – P10) 71
8.2 Interview of IGBC Official (P11) 88
8.3 Interviews with Developers who do not Have Experience in Commercial Green Building Real Estate (P12 – P16) 93
8.4 Case Studies: Analysing Single Owner- Occupied Commercial Office Buildings 95
8.4.1 Strata 2017 – 2021 95
8.4.2 Strata 2012 – 2016 97
8.4.3 Strata 2006 – 2011 99
8.4.4 Financial Analysis from Case Studies: One Time Capital Value with Recurring Cost for Operation and Maintenance 100
8.4.5 Findings from Case Studies 102
8.5 Analysing Multiple Tenant Occupant Commercial Office Buildings 103
8.5.1 Financial Analysis: Rent Value Comparison Between Green Certified Office Building with Conventional Office Buildings 104
Chapter 9: Conclusions and Recommendations 107
9.1 Conclusion 107
9.2 Recommendations to Accelerate the Green Building Movement in India 109
9.2.1 Recommendation 1: to mandate green building regulations and guidelines 109
9.2.2 Recommendation 2: for green building legislative framework 109
9.2.3 Recommendation 3: to monitor the green building movement 110
9.2.4 Recommendation 4: for green building policies 110
References 113
Appendix 1: Government Incentives for IGBC Certified Green Buildings 117
Appendix 2: Government Incentives for GRIHA Certified Green Buildings 119
Appendix 3: Interview schedules for stakeholders with experience in commercial green building real estate projects 121
Appendix 4: Interview schedules with IGBC executive officer from the Chennai local chapter 123
Appendix 5: Interview schedules for stakeholders without experience in commercial green building real estate projects 125
Appendix 6: Green building case study survey questionnaire 127
Appendix 7: Compilation of Survey Data for Commercial Office Buildings with multiple Occupying entities 129





















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