07-November-2026
A Colliers assessment reported on 5 November projects that green-certified buildings could attract 80–85% of Grade A office leasing across India’s seven leading markets in 2026. These are full-year estimates for a defined office segment—not proof that all Indian commercial buildings have become environmentally efficient.
The Property Times believes the growing preference for certified buildings is encouraging. It should now lead to a more demanding conversation about performance after occupation.
An office building’s resource use depends on how it is operated, maintained and occupied. Certification provides valuable information, but owners and tenants still need evidence of actual consumption and improvement.
The Property Times questions whether marketing disclosures sufficiently distinguish design credentials from measured operating results. Can occupiers understand energy use, water consumption and common-area costs? Are improvement commitments supported by a baseline?
The issue is particularly important when environmental claims help justify premium rents or investment valuations.
The Property Times recommends accessible annual performance statements, with clearly defined measurement boundaries and explanations for significant changes. Owners and tenants should agree on responsibilities for monitoring, maintenance and efficiency improvements.
Policymakers and industry bodies should also support credible retrofitting of older buildings. Sustainability cannot be confined to newly completed premium properties.
The next stage of green real estate must be measured in operating results. A certificate can establish a commitment; transparent performance must demonstrate that the commitment is being honoured.
Colliers India; Bureau of Energy Efficiency; IGBC; GRIHA Council; Ministry of Housing and Urban Affairs; commercial developers; office REIT managers; corporate facilities heads; CREDAI.
