New Delhi, Oct. 28 -- India's green building market is projected to grow at a compound annual growth rate (CAGR) of 10.50pc to reach Rs 7,46,895 crore (USD 85 billion) by FY32, according to a report of Equirus Capital.
Equirus Capital, a full-service investment bank and financial advisory firm, said that this growth is attributed to the rising investor and tenant demand for certified sustainable spaces amid limited supply.
The investment firm said, " Between 2020 and H1FY25, the supply of certified green spaces entering the market was nearly three times higher than that of non-certified properties, while absorption in certified buildings was 1.75 times greater."Equirus Capital highlighted that certified buildings offer lower operating cos...