India’s green housing segment is gaining momentum as residential developers and buyers increasingly focus on sustainability, resource efficiency and long-term affordability. According to a Square Yards report, green residential developments can reduce water consumption by 30-50% and lower energy costs by 20-30%, improving household affordability and overall quality of life. The report also highlights a major transparency gap in the market, noting that although India has more than 19,700 green building projects, homebuyers still lack a standardised framework to compare the sustainability credentials of residential developments. To address this, Square Yards, in collaboration with sustainability research partner The Habitat Emprise, has launched the Square Yards Green Living Index (SYGLI), a standardised assessment framework designed to make residential sustainability more measurable and comparable.
The Green Living Index evaluates projects using publicly available information sourced from RERA filings, developer disclosures and geospatial intelligence, covering parameters such as energy efficiency, water management, indoor environmental quality, climate resilience, mobility access and environmental impact. Industry stakeholders note that transparent sustainability information is becoming increasingly important for homebuyers as India continues to urbanise rapidly and the residential building stock expands. The report also underscores that the construction sector accounts for nearly one-third of India’s greenhouse gas emissions, making green housing an important part of the country’s long-term net-zero transition. With demand rising for healthier homes and climate-resilient living spaces, structured sustainability benchmarks are expected to play a larger role in residential decision-making going ahead.
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