Leasing a warehouse is an important decision for the success of your business.
Green buildings have become a global norm. Therefore, international companies wanting to invest in India often require warehouses to be certified “green” by a credible agency. These green projects aim to reduce emissions, integrate renewable energy, and have a reduced environmental impact in the long term, while also saving on operating costs.
What are Green Buildings?
Green buildings are designed to be sustainable throughout their lifecycle, from design and construction to maintenance, operations, and renovations. They are resource-efficient and often integrate renewable energy options, such as solar power and daylighting, to reduce dependency on electricity and low-flow tapware to reduce water consumption. Green buildings also include sewage treatment onsite to recycle wastewater. They have ample green areas and contribute to the development of the local environment and community.
The construction of green buildings involves:
- Minimising the use of resources
- Reducing waste production during construction
- Lowering the negative environmental impact of building operations
In addition to preserving the environment, green buildings prioritise the health and well-being of their occupants and are designed to improve productivity.
With reduced lifecycle costs, green buildings are a worthwhile investment. Choosing a warehouse built according to green standards ensures the efficient employment of resources and produces little to no waste during operations.
Why Lease a Green-Certified Warehouse in Pune?
Pune is surrounded by established industrial zones, including Chakan, Ranjangaon, and Talegaon. However, the availability of land to construct your own facility may be scarce. MIDC has created state-of-the-art facilities in these areas, including wide roads, uninterrupted power supply, and social infrastructure. However, getting consent from MIDC to develop your own facility can be capital-intensive and time-consuming.
Chakan is a prominent industrial area known for its excellent industrial ecosystem and connections to JNPT for importing raw materials. Many leading automobile companies, such as Mercedes Benz, Mahindra, BMW, and Volkswagen, have set up industrial or warehousing units in Chakan.
Pune has been voted the second-best city in India for ease of living and consistently attracts talented workers from across the country. This provides excellent human resource opportunities for neighbouring industrial zones.
Green Building Certification Agencies in India
The Indian government has implemented policies to encourage renewable energy production, adopt electric vehicles, and reduce the country’s emissions and environmental impact in response to the effects of climate change.
Promoting green building practices can bring about considerable change. Green industrial buildings can promote industrial growth, attract international investments, and align with companies’ sustainability objectives.
A green building certification adds credibility to a construction project and shows commitment to sustainable development. It involves evaluating the building on multiple levels and ranking it based on various parameters.
Pune is a city on the radar of every industrial expert. Green buildings are a wise choice for establishments that consider pro-environment factors rather than warehouse rent in Pune. Investors and buyers seek them because of the reduced energy costs and consumption. Thus, proper assessment and certification of green buildings are crucial.
In India, the major certifying agencies in this niche are:
- Leadership in Energy and Environmental Design (LEED)
- Green Rating for Integrated Habitat Assessment (GRIHA)
- Excellence In Design For Greater Efficiencies (EDGE)
- Indian Green Building Council (IGBC)
These institutes significantly help India achieve its carbon emissions goal within the set period. Simultaneously, they help increase the nation’s green footprint. The ESR Chakan 2 warehouse in Pune is a premium industrial and warehousing location with an IGBC platinum pre-certification.
What is a GRESB Rating?
GRESB stands for Global Real Estate Sustainability Benchmark. It is an organisation that collects, validates, evaluates, and benchmarks ESG data. Using this data, GRESB seeks to provide actionable solutions to financial markets. These solutions play a crucial role in regulatory reports, especially the ones that influence investments, asset management, and the industry in general. ESR has a 5-star rating from GRESB, which means that the assets offered by ESR meet a certain quality.
A green signal given by GRESB plays an integral role in how developers and investors stay informed on their projects. In 2021 alone, investors looked at ESG data as a more reliable way to assess investments. This was highly evident in commercial real estate. For any real estate company, the GRESB score is a sign that depicts the quality of the assets offered. Being familiar with the methodology and framework of the GRESB will be helpful, both as an investor and as a business owner.
ESR: Premium Warehouse in Pune
Choosing a warehouse in the industrial hub of Pune can be tricky if you don’t know what to look for. From warehouse rent in Pune to the sustainability goals, you need to evaluate every aspect to make a well-informed decision.