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India s occupiers aim for 50% renewable energy in office portfolios by 2030. Delhi leads with 43%. Banking, finance sectors prioritize on-site renewable power sources. APAC countries contribute significantly to renewable energy capacity. ....
As many as 43% of these office occupiers are based in Delhi, followed by Mumbai at 27%, Bengaluru and Chennai at 17% and 13% respectively, the JLL report said ....
The rise of environmentally conscious tenants in commercial real estate, focusing on decarbonizing their portfolios, has led to a significant surge in demand for sustainable buildings across key Indian property markets, surpassing available supply. As corporations aim for fully green-certified office portfolios, competition among tenants is expected to intensify, resulting in higher rents for property owners. ....
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The government has given a sharp focus on developing India s infrastructure, ease of investments, etc. which are creating a demand for commercial space. ....