The carbon cost of real estate
Indiaโs real estate sector stands on the threshold of a vital transformation.Traditionally shaped by policy reforms, consumer sentiment, and macroeconomic trends, it now faces a new market force: the cost of carbon. With Indiaโs Carbon Credit Trading Scheme (CCTS) launching in pilot form and commercial real estate entering PAT Cycle VI under the Bureau of Energy Efficiency (BEE), carbon management has shifted from voluntary green building efforts to mandatory financial discipline.This is more than an environmental compliance issue โ it is an economic recalibration. According to the World Bank, nearly 24% of global emissions are now covered by carbon pricing…