New Delhi, Sept. 29 -- Green certification alone is becoming less of a differentiator in India's office market, as occupiers increasingly seek measurable performance data, operational efficiency and retrofit readiness before taking leasing decisions, according to a report by Grant Thornton Bharat.

In its report, Grant Thornton said the next phase of green real estate will move beyond certification labels and place greater emphasis on how buildings actually perform.

"The next phase of green premium will move beyond certification labels. As occupiers, lenders and investors seek measurable performance, assets will need stronger data systems, better operating benchmarks and clearer decarbonisation roadmaps," the report said.

The shift is b...