<abstract xmlns="http://www.w3.org/1999/xhtml">The fight for reducing green gas emissions and energy dependency requires the application of additional obligations for new constructions. From this perspective, starting from the 31st of December 2020 building permits for new constructions in the private sector shall be issued only if their energy consume is close to zero. Additionally, the recovery level of non-dangerous waste resulting from construction and demolition activities must reach until the 31st of December 2020 a percentage of minimum 70%. Also, with respect to residential and non-residential buildings, new and also buildings undergoing major renovation, the real-estate developers must take into consideration the obligations regarding the instalment of electrical recharging points for electrical vehicles. These additional obligations will have a direct impact upon the construction price and will certainly influence the real-estate market.</abstract>

The fight for reducing green gas emissions and energy dependency requires the application of additional obligations for new constructions. From this perspective, starting from the 31st of December 2020 building permits for new constructions in the private sector shall be issued only if their energy consume is close to zero. Additionally, the recovery level of non-dangerous waste resulting from construction and demolition activities must reach until the 31st of December 2020 a percentage of minimum 70%. Also, with respect to residential and non-residential buildings, new and also buildings undergoing major renovation, the real-estate developers must take into consideration the obligations regarding the instalment of electrical recharging points for electrical vehicles. These additional obligations will have a direct impact upon the construction price and will certainly influence the real-estate market.

‘Green’ obligations regarding new constructions and their impact on the real-estate market

The Bucharest University of Economic Studies

Proceedings of the International Conference on Business Excellence

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The fight for reducing green gas emissions and energy dependency requires the application of additional obligations for new constructions. From this...

‘Green’ obligations regarding new constructions and their impact on the real-estate market

Published Online: Nov 29, 2019

Page range: 560 - 566

DOI: https://doi.org/10.2478/picbe-2019-0049

Keywords
real estate, green obligations, real estate market, energy, green certificate

© 2019 Simona Chirica, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

‘Green’ obligations regarding new constructions and their impact on the real-estate market

Published Online: Nov 29, 2019

Page range: 560 - 566

DOI: https://doi.org/10.2478/picbe-2019-0049

Keywordsreal estate, green obligations, real estate market, energy, green certificate

© 2019 Simona Chirica, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
real estate, green obligations, real estate market, energy, green certificate