When people talk about Green buildings, it is assumed they are eco-radical tree-huggers. But its true. Green building technology can really help achieve sustainable development by reducing energy consumption to a large extent and improving the return on investment by reducing maintenance.
When considering the economic benefits of smart technologies one must include many factors, such as health cost, future economic stability, quality of life and costs of operation.
In India, Thiagaraj Convention Center in Chennai is one such place where green building technology has been extensively used. Many of the building techniques can easily be adapted to existing buildings. For example, the transition from incandescent light bulbs to compact fluorescent light bulbs can lead to energy savings of upto 75% of costs. The small increase in initial costs to purchase the bulbs would easily be recouped many times over by the savings and extended life of the new bulbs.