Sustainable growth in India's office space market: navigating eco-friendly practices and trends in the IT/ITS sector
In this enlightening episode, host Karen Plum is joined by AWA’s Shashi Sharma and Sanjeev Tullicherry, Director of Corporate Real Estate for Carelon Global Solutions in India, to dissect the rapid expansion of India’s office space market. The conversation pivots around the crucial question of whether India’s economic advancement can harmoniously coexist with environmental sustainability, particularly through strategies like refurbishing existing structures rather than erecting new ones.
Delving deep into the intersection of commercial real estate and environmental sustainability, this episode unravels the significant growth of the IT/ITS sector in India and the emerging trend of hybrid work environments. It spotlights the progressive steps companies are taking towards sustainable construction and how the Indian government is supporting the shift towards renewable energy.
The discussion also highlights groundbreaking workplace practices that are setting new standards in sustainability. From innovative waste management to the adoption of electric vehicles, companies are integrating eco-friendly approaches into their office culture and leasing agreements, making substantial impacts.
Additionally, the episode explores how certifications like WELL and LEED are driving the momentum for sustainable transformation within India’s commercial real estate sector.
Key topics of discussion include:
- Balancing India’s economic growth with environmental sustainability in office spaces.
- The impact of the IT/ITS sector’s expansion and hybrid work trends on commercial real estate.
- Innovative steps towards construction sustainability and renewable energy adoption.
- Implementing green practices in workplace culture and operations.
- The role of certifications in promoting sustainable real estate development.
Tune in to gain a comprehensive understanding of the dynamic changes in India’s commercial real estate sector, underscored by a commitment to sustainability. This episode is a must-listen for anyone interested in the future of workspaces, sustainability in business, and the evolving landscape of India’s office market.