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87% of Indian occupiers want half of office portfolios powered by renewables by 2030
Research - MAY 1, 2024

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87% of Indian occupiers want half of office portfolios powered by renewables by 2030

by Andrea Zander

A majority of occupiers in India believe that at least half of their office portfolio should be powered by renewable sources by 2030 to align with broader net-zero carbon goals, according to a recent survey by JLL. Analysis by JLL revealed that 43 percent of these occupiers are based in Delhi, followed by Mumbai at 27 percent, Bengaluru at 17 percent and Chennai at 13 percent.

Banking and finance sectors are the most likely to demand on-site renewable power sources for green spaces, according to JLL, followed by the construction, manufacturing, and consultancy industries. One in three (33 percent) occupiers believe that on-site renewable energy will become non-negotiable for their organizations by 2030. Furthermore, 87 percent expect more than half of their energy needs to be met by renewables. Respondents also recognize a significant demand-supply gap exists for sustainable buildings, with demand projected to surpass supply.

“Investors and occupiers are increasingly

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