An Interplay Of Sustainable Built Environment Policies And Incentives In India

Abstract

“Sustainable development in built environment is an often-overlooked perspective. Rapidurbanisation and industrialisation are largely to blame for the continuous environmentaldegradation. Due to the presence of clear barriers, industrial growth has already been
purposefully limited. But supporting the green movement cannot be done at the expenseof entirely suppressing urbanisation, and vice versa. Among the numerous steps theIndian government has made to improve energy efficiency and the sustainability of the
built environment, the objective to engage important market actors and legislativeincentives has begun to have an impact. Since the advent of GRIHA (Green Rating forIntegrated Habitat Assessment), IGBC (Indian Green Building Council), and BEE (Bureau
of Energy Efficiency), the main actors have disagreed over the best ratings, creating aconfusing view due to the numerous regulatory indexes and boundaries. Because variousgovernments’ regulations, rankings, and other methods for preserving the built
environment’s energy efficiency are incompatible, there is a considerable margin of error.
The participation of sufficiently powerful local organisations becomes crucial for thesuccessful execution of these programmes. This cannot be done without first consideringhow current legal and regulatory frameworks impact energy use and the effectiveness of
well-built surroundings, including both residential and commercial buildings. A crucialfactor is being played by the economic incentives offered to different market players andstakeholders who participate in the transaction of sale and purchase. An overlook bystatutory authorities and a uniform mechanism will strengthen the structure and ratingframework.”