The contemporary trend observed among corporate and residential apartments is the adoption of environmentally friendly practices. In line with the global movement towards environmental conservation, the green rated projects in India uplifted from a few hundred in 2009 to a few thousands by the end of 2024. This study expands the understanding of residential green projects in Tier II Indian cities among local authorities, developers, and consumers. The study’s specific focus is Bhopal, a rapidly growing residential area in central India. To determine the level of awareness among all Bhopal stakeholders regarding the advantages of green projects, a thorough survey including developers, government agencies, and potential buyers was carried out. The survey also aimed to determine the public’s willingness to invest in energy efficiency, analyze perspectives on green buildings from customers, developers, and government entities, assess the market potential of residential green buildings, identify challenges faced by developers in green construction, and provide information about current situation of residential green rated projects. The findings suggest that effective collaboration among stakeholders involved in the development of residential green buildings can make them viable for developing cities of India.