Economic and Environmental Assessment of Lifecycle Costs in Sustainable Construction: Insights from Info Park, Kochi
Abstract
This study critically evaluates the economic and environmental implications of lifecycle cost management in sustainable construction, focusing on a comparative analysis of selected buildings within Info Park, Kochi, a premier IT hub in India. Employing a robust mixed-methods approach, the research integrates qualitative insights from detailed case studies with quantitative cost-benefit analyses to assess the financial and environmental performance of sustainable construction practices. The findings reveal that although sustainable buildings incur higher initial costs—primarily due to green certifications, advanced technologies, and renewable energy systems—these investments yield significant long-term benefits, including operational cost savings of up to 30%, reduced carbon footprints, and enhanced resource efficiency. Key environmental metrics such as water management through greywater recycling and reduced energy consumption highlight the ecological advantages of lifecycle cost approaches. Furthermore, the study underscores the critical role of lifecycle cost assessment (LCCA) in promoting sustainable development, offering actionable recommendations for policymakers and stakeholders. By demonstrating the financial viability and environmental benefits of sustainable construction, this research provides a compelling case for the widespread adoption of lifecycle cost methodologies in emerging economies. These findings align with global sustainability frameworks, including the United Nations Sustainable Development Goals, emphasizing the dual imperative of economic efficiency and environmental stewardship in the built environment (Kats, 2010; Kibert, 2016; UNEP, 2020).
Keywords
Economic implications, environmental implications, lifecycle cost management, sustainable construction, Info Park Kochi, IT hub, mixed-methods approach, case studies, cost-benefit analysis, financial performance, environmental performance, green certifications, advanced technologies, renewable energy systems, operational cost savings, carbon footprint reduction, resource efficiency, water management, greywater recycling, energy consumption, lifecycle cost assessment (LCCA), sustainable development, policymakers, stakeholders, financial viability, emerging economies, global sustainability frameworks, United Nations Sustainable Development Goals, economic efficiency, environmental stewardship.
Citations
IRE Journals:
Adila Salam , Dr. Sirna Santosh Kumar
"Economic and Environmental Assessment of Lifecycle Costs in Sustainable Construction: Insights from Info Park, Kochi" Iconic Research And Engineering Journals Volume 8 Issue 8 2025 Page 651-657
IEEE:
Adila Salam , Dr. Sirna Santosh Kumar
"Economic and Environmental Assessment of Lifecycle Costs in Sustainable Construction: Insights from Info Park, Kochi" Iconic Research And Engineering Journals, 8(8)
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