Industry reports indicate that India's commercial real estate landscape has experienced a significant transformation as global capability centers and multinational corporations increasingly prioritize premium office spaces that align with environmental, social, and governance objectives.

India's real estate developers are rapidly transforming the construction landscape by implementing advanced technologies and sustainable design principles, as the nation witnesses an unprecedented surge in eco-friendly building development across commercial and residential sectors.

SEBI's obligatory sustainability reporting has expedited green building uptake by occupiers, investors, and developers. This legislative focus is changing India's real estate environment, especially green-certified office leasing.

A CBRE-CII research, ‘Indian Real Estate: Taking Giant Strides – 2023 Mid-Year Outlook,’ was released during the CII Realty 2023 conference. It highlights the sector's tremendous progress.