Green buildings promote sustainable practices through certification or rating systems. These rating systems and Building Research Establishment Environmental Assessment Method (BREEAM) or national rating systems such as GRIHA or IGBC – are universally accepted benchmarks.

The finance minister is expected to make some positive announcements that will give the much needed lift to the real estate sector in his 2015-16 Union Budget proposals next month. Measures to bring investment into the sector augur well for the future of India’s realty sector.