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In India, there are no direct incentives for building energy-efficient homes or

commercial spaces.
A major challenge is that the overall demand for space in Indian cities has been gradually
falling. India's top seven cities will see about 25 percent vacancies by 2014, says Rajat
Malhotra, head of Integrated Facilities Management for West Asia at Jones Lang LaSalle.
The Germany example
KfW funding
short-term cost versus long-term benefits of mainstreaming green initiatives
While proactive efforts, such as providing extra FSI for projects that incorporate green initiatives and property tax
rebates for green developments, have been made by some local bodies, they are not prevalent on a large scale.
Tax rebates for buyers of green equipment
Another concept that earlier saw a significant amount of global discussions is ensuring that some amount of
direct, unobstructed sunlight is available to each unit for a minimum number of fixed hours in a day.
Energy Conservation Building Code (ECBC)
In Greater Noida for example, increased FSI has provided a fillip to the development of Green real estate.
The draft Development Plan (DP) approved by Pune Municipal Corporation proposes two additional FSI or a
50% discount on the paid FSI to those properties which have solar and wind energy equipment installed
NOIDA Municipality allows 5% more built-up space for Gold-rated buildings as compared with the normal floor
area ratio (FAR) or floor space index (FSI) allowed for conventional buildings.
The Greater Hyderabad Municipal Corporation (GHMC) has given a 10%. concession on property tax for using
solar water heating equipment, and an additional concession of 10% for providing water harvesting infrastructure.
There are examples to prove that LEED certified green building projects have been completed for an
average of 2 per cent higher upfront costs.
This isnt much considering the fact that any additional initial costs can be quickly recovered through
increased market valuation, rental premiums and quicker lease-up rates.
some architecture and engineering firms have deduced that on an average, green projects are 25
percent more profitable than conventional construction.