Kanvic Consulting’s Post

The demand for green-certified office spaces in India is skyrocketing! 🚀 According to a recent report by Colliers, 82% of all office leasing in Q2 2024 happened in eco-friendly buildings. This surge is driven by a combination of factors, including SEBI's ESG mandate and the growing focus on employee well-being and operational efficiency. As a leading waste management company, we're thrilled to see this positive shift towards sustainability. We're committed to partnering with businesses like yours to create greener and healthier workspaces. What steps is your company taking to create a more sustainable workplace? Share your thoughts in the comments below https://lnkd.in/dmxkGiNe #sustainability #greenbuildings #corporatesocialresponsibility #wastemanagement #greenoffices #india #realestate #ESG #cleanenvironment #ecofriendly #sustainablefuture

The Greening of Indian Workspaces: A Sustainable Future for Businesses. The Indian commercial real estate sector is undergoing a positive transformation – the surge in demand for green office spaces. This shift is driven by a confluence of factors with far-reaching implications. Let's delve deeper... 1. Good for the Planet: Green buildings use less energy and resources, which means a smaller carbon footprint for your company. It's a win-win for the environment and your brand image. 2. Happy and Healthy Employees: Studies show improved air quality and natural light in green offices lead to happier, healthier, and more productive employees. Less sick days, more creative energy. 3. Cost Savings: Energy-efficient features in green buildings translate to lower utility bills. Plus, certifications like LEED can attract top talent and eco-conscious investors. It's a smart financial decision. JLL's recent survey highlights a growing trend – 87% of Indian office occupiers want at least half their portfolio powered by renewable energy by 2030. This shift presents a huge opportunity for developers and businesses alike to embrace a sustainable future. What are your thoughts on the rise of green office spaces? Let's chat in the comments! #sustainability #greenoffice #progressiveworkspace #entrepreneruship #worklife India's Growing Demand for Green Office Spaces https://lnkd.in/gCq9xiHk

🌱 Green-certified buildings are now leading the way in India's office leasing market, driven by the growing emphasis on sustainability and global standards. This shift is not only reducing carbon footprints but also setting a new standard for eco-friendly corporate spaces across the country. As these sustainable practices gain momentum, they're shaping a more resilient future for India's economy. It’s exciting to see sustainability becoming central to growth and development in the region. https://lnkd.in/djWGk5nk 

The increase in green-certified office buildings in India from 39% in 2020 to 53% in 2023, as reported by the JLL-CRE Matrix, highlights a significant shift toward sustainability in the real estate sector. This trend, already in motion before the pandemic, gained momentum as COVID-19 brought a heightened focus on sustainable and health-oriented building practices. Now, over 61% of Grade A office stock in India is green-certified, reflecting a strategic shift by developers and occupiers toward eco-friendly and resilient workspaces. This transformation is not just a trend but a strategic move that aligns with market demands and a global push for environmental responsibility, enhancing asset valuations and brand value. As the industry continues to evolve, the commitment to sustainable workspaces is becoming imperative, showcasing a convergence of investor, developer, and occupier interests toward environmentally responsible buildings. In this evolving landscape, sustainability is no longer an option but a necessity, underlining the industry's role in reducing carbon footprints and promoting a healthier planet. #CRE #Indianrealestate #sustainability

Office Tuesday Sustainability has become a key factor in office real estate decisions in the Central Valley, particularly over the last six months. Data shows a 12% increase in leasing activity for office buildings that boast green certifications or energy-efficient features. Businesses are increasingly prioritizing sustainability in their real estate choices, both to reduce operational costs and to align with their corporate values. This trend has led to a surge in retrofitting older buildings with modern, eco-friendly technologies, making them more competitive in the market. New office developments are being designed with sustainability at the forefront, including features like solar panels, energy-efficient HVAC systems, and water-saving fixtures. For investors and property owners, focusing on sustainability can enhance property value and attract high-quality tenants. The Central Valley's office market is seeing a shift toward greener, more sustainable buildings, reflecting a broader trend that is likely to continue. Investing in sustainable office spaces now can yield long-term benefits as demand for these properties continues to rise. #realestate #business #commercialrealestate #investing #diversify #build #grow #challenge #results #service #professional #modesto #california #ca #stanislauscounty #centralvalley #investor #invest #REI #passiveincome #turlock #sacramento

Interest in green office spaces in India is rising, with companies seeking to lower carbon footprints. A Colliers report shows 13 million square feet of office space in green-certified buildings was leased in major cities from April to June 2024. Read more at https://lnkd.in/gUNH-G6W #carbon #colliers #green #IBT #IBTInsights

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐓𝐫𝐞𝐧𝐝𝐬 𝐭𝐨 𝐖𝐚𝐭𝐜𝐡 𝐢𝐧 𝟐𝟎𝟐𝟒🏠💰 As we move into 2024, the commercial real estate sector is evolving rapidly with several key trends shaping its future. 𝟭. 𝗥𝗶𝘀𝗲 𝗼𝗳 𝗛𝘆𝗯𝗿𝗶𝗱 𝗪𝗼𝗿𝗸𝘀𝗽𝗮𝗰𝗲𝘀: Co-working spaces continue to thrive as businesses adapt to hybrid work models. Flexible office solutions cater to diverse needs, promoting collaboration and productivity in a shared environment. 𝟮. 𝗧𝗲𝗰𝗵-𝗗𝗿𝗶𝘃𝗲𝗻 𝗢𝗳𝗳𝗶𝗰𝗲 𝗗𝗲𝘀𝗶𝗴𝗻𝘀: Technology is revolutionising office spaces, integrating smart systems for energy efficiency, automated facilities management, and enhanced security. Tech-driven designs are creating adaptable environments that support both remote and in-office work. 𝟯. 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀: Green building practices are becoming a priority for investors and developers. Eco-friendly designs not only meet regulatory standards but also attract tenants seeking sustainable and energy-efficient workspaces. 𝟰. 𝗛𝗲𝗮𝗹𝘁𝗵 𝗮𝗻𝗱 𝗪𝗲𝗹𝗹𝗻𝗲𝘀𝘀 𝗙𝗼𝗰𝘂𝘀: There is a growing emphasis on creating spaces that promote health and well-being. Features like better air quality, natural lighting, and wellness amenities are becoming essential in office design. These trends highlight a shift towards more flexible, tech-savvy, and sustainable commercial real estate solutions, offering new opportunities for investors and businesses alike. #CommercialRealEstate #RealEstateTrends #TechInRealEstate #FutureOfWork #PropertyInvestment #RealEstateInvesting #WorkplaceWellbeing #CityChoice

My perspective on the rising importance of green certifications in India’s office market. 🌱 With over 65% of Grade A office spaces now certified, it's encouraging to see Bengaluru leading the charge. As sustainability becomes non-negotiable, tenants are recognizing the benefits and willing to invest in healthier, future-ready workspaces. Green buildings aren’t just a trend—they’re the foundation for a more sustainable future. Check out the full article here: [https://lnkd.in/gVJyibSd] #Sustainability #RealEstate #GreenBuildings

This building is a green flag.... Recently, I participated in a Real Estate event on Real Estate and Sustainability.   An echoing debate at the event was on “What defines Green in commercial office buildings?”   The definition of a "Green" office building is undergoing a significant shift. While eco-friendly features like solar panels and waste management remain essential, they're just one piece of the puzzle. Modern tenants crave a work environment that prioritizes not just sustainability, but also their well-being and convenience. So, what truly makes an office building "Green" today? Dear Developer friends according to me fusion of sustainability and corporate-centric amenities creates the actual Green Building for the following appended reasons: 1 - Attract and Retain Top Tenants: By prioritizing both sustainability and tenant well-being, your building becomes a magnet for high-quality tenants who are more likely to stay long-term, reducing vacancy rates and boosting your rental income. 2 - Command Premium Rents: Tenants today are willing to pay a premium for a workspace that reflects their values and caters to their needs. Sustainable features combined with convenient amenities like on-site dining, childcare, and banking services make your building a highly desirable option, allowing you to command top rental rates. 3 - Future-Proof Your Investment: By embracing sustainable practices and focusing on tenant well-being, you're not just creating a trendy space; you're building for the future. These features are increasingly sought after by businesses, ensuring your development remains competitive and attractive for years to come. Comment below, What features do you think make an office building truly "Green"? #GreenBuilding #Green #VoiceofRealEstate #Mumbai #AKG #RealEstateIndia #RealEstate #India #Office #CommercialRealEstate

As Indian Office Real Estate evolves, ESG factors become crucial for both developers & the government. This sentiment is echoed in Vestian Research's findings - over 65% of Grade A buildings across top seven cities in India are now Green certified. Adoption of Green practices in flex office segment is being ensured with 3 growth levers: ✅ Increase in demand: As per GCC ESG Survey 2024, 51% GCCs are working with global sustainability leaders in enabling end-to-end ESG implementation. ✅ Advantages for supply side: On an average, Green-certified buildings attract a premium of 12-14% on rentals. ✅ Government interventions: Indian Government's resolve on achieving net zero emissions by 2070 is continuously impacting policies around clean energy, waste management and reducing carbon footprint for office buildings. Smriti Irani #futureisgreen #flexofficespace #sustainableoffices