Growth in buildings remains robust in India, Southeast Asia: UNEP report
The UNEP report highlights robust growth in the building sector in India and Southeast Asia, with India experiencing an 11% annual growth rate from 2024 to 2025. Despite this growth, the sector faces challenges related to emissions and energy consumption. The report emphasizes the need for better policies and investments to align the construction sector with net-zero emissions goals by 2050.
- ▪India's construction sector grew to a valuation of around $210 billion in 2025.
- ▪The global building floor area expanded by 1.7% in 2024, largely driven by emerging economies.
- ▪The buildings and construction sector accounts for nearly 50% of global material extraction and 37% of global emissions.
Opening excerpt (first ~120 words) tap to expand
Growth in buildings remains robust in India, Southeast Asia: UNEP reportIn India, construction grew from 2024 to 2025 with an annual rate of 11%, reaching a valuation of around $210 billionPublished on: May 20, 2026 12:43 PM ISTBy Jayashree NandiShare viaCopy link Global building floor area grew by 1.7% in 2024 alone, adding space equivalent to five Nairobi or two Delhi, four times Berlin and New York, or three times Rio de Janeiro, driven largely by construction in emerging economies, including India and Southeast Asia, according to a United Nations Environment Programme (UNEP) report.The building sector has the largest material footprint of any sector. (X)The report titled “Building Fast.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Hindustan Times — Top.
Discussion
0 commentsMore from Hindustan Times — Top
