Analysis of the Awareness, Potential and Challenges of “Green Building Concept” in Construction Sector with Reference to Pune City

This study is aimed at investigating the green building practices in construction sector .Green building (also known as green construction or sustainable building) refers to a structure and using process that is environmentally responsible and resource-efficient throughout a building's life-cycle: from site to design, construction, operation, maintenance, renovation, and demolition. The Green Building practice expands and complements the classical building design concerns of economy, utility, durability, and comfort. Although new technologies are constantly being developed to complement current practices in creating greener structures, the common objective is that green buildings are designed to reduce the overall impact of the built environment on human health and the natural environment by: Efficiently using energy, water, and other resources, protecting occupant health and improving employee productivity, Reducing waste, pollution and environmental degradation. The most criticized issue about constructing environmentally friendly buildings is the price. Photo-voltaic, new appliances and modern technologies tend to cost more money. Most green buildings cost a premium of <2%, but yield 10 times as much over the entire life of the building. In regards to the financial benefits of green building, “Over 20 years, the financial payback typically exceeds the additional cost of greening by a factor of 4-6 times. As a result of the increased interest in green building concepts and practices, a number of organizations have developed standards, codes and rating systems that let government regulators, building professionals and consumers embrace green building with confidence. In some cases, codes are written so local governments can adopt them as bylaws to reduce the local environmental impact of buildings. Green building rating systems such as BREEAM (United Kingdom), LEED (United States and Canada), DGNB (Germany) and CASBEE (Japan) help consumers determine a structure’s level of environmental performance.