Abstract :
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Energy demand of India is rising day by day. The
increase in energy demand is due to the economic growth, rising
income levels and availability of better goods and products.
There is equal pressure on the natural and environmental
resources due to the economic growth. Human activities are
causing irreversible damage to the global environment.
Definitely it will have adverse impact on the life of future
generation. The increasing concern for the environment, in
response to the global warming, is driving thinkers to seek
sustainable energy solutions. Green building uses less water,
optimizes energy efficiency, conserves natural resources,
generates less waste and provides healthier space for occupants,
as compared to a conventional building. Green Building is 'highperformance
building,' 'sustainable design' and 'preserving
precious resources’. This paper will try to emphasis on the
green building benefits and also will try to show the decision
maker that even though there are risks factors involved of going
green, these can be managed. The main purpose of this paper is
to develop a framework for benefits and risks of retrofitting
existing buildings to green standards. The Indian companies
should think on the idea of the green building projects in India.
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