Sebi's ESG thrust fuels sharp rise in green buildings.

According to an article titled "Sebi's ESG thrust fuels sharp rise in green buildings," India's mandatory sustainability reporting, enforced by the Securities and Exchange Board of India (SEBI), has led to an increase in the acceptance of green buildings among occupiers, investors, and developers. Data from real estate consulting firm Colliers shows that there has been a notable increase in leasing of green-certified office spaces across the top six cities in India, totaling 13 million sq ft in the second quarter of 2024. These green spaces now account for 82% of overall leasing activity for the period. [Extracted from the article]