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Energy Efficiency Process Improvement in the Indian Real Estate Industry

Author

Listed:
  • Ariyil Prajin

    (Riga Technical University, Riga, Latvia)

  • Weerakoon Thilina Ganganath

    (Vilnius Gediminas Technical University, Vilnius, Lithuania)

Abstract

This study addresses the significant environmental impact of the rapidly expanding Indian real estate sector by examining energy efficiency practices through building information modelling (BIM) simulations. Employing a mixed-method approach, the research combines qualitative data from reputable literature sources and quantitative data collected via a questionnaire survey, chosen for its practicality and effectiveness in reaching a large sample size. The statistical approach involves factor analysis, utilizing the Kaiser–Meyer–Olkin (KMO) test and principal component analysis (PCA) to explore underlying data structures and identify key variables. Findings highlight the importance of boosting BIM adoption, customizing energy efficiency measures to local contexts, fostering industry collaboration, implementing monitoring mechanisms, and investing in research and development. These recommendations aim to guide industry stakeholders, policymakers, and researchers in promoting sustainable development and enhancing energy efficiency in the Indian real estate market.

Suggested Citation

  • Ariyil Prajin & Weerakoon Thilina Ganganath, 2024. "Energy Efficiency Process Improvement in the Indian Real Estate Industry," Baltic Journal of Real Estate Economics and Construction Management, Sciendo, vol. 12(1), pages 166-183.
    • Handle: RePEc:vrs:bjrecm:v:12:y:2024:i:1:p:166-183:n:1011
    DOI: 10.2478/bjreecm-2024-0011
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    References listed on IDEAS

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    1. Xiaoyang Zhong & Mingming Hu & Sebastiaan Deetman & Bernhard Steubing & Hai Xiang Lin & Glenn Aguilar Hernandez & Carina Harpprecht & Chunbo Zhang & Arnold Tukker & Paul Behrens, 2021. "Global greenhouse gas emissions from residential and commercial building materials and mitigation strategies to 2060," Nature Communications, Nature, vol. 12(1), pages 1-10, December.
    2. Qadeer Ali & Muhammad Jamaluddin Thaheem & Fahim Ullah & Samad M. E. Sepasgozar, 2020. "The Performance Gap in Energy-Efficient Office Buildings: How the Occupants Can Help?," Energies, MDPI, vol. 13(6), pages 1-27, March.
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