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India’s Real estate sector’s transition to sustainability: World Environment Day 2024

The real estate industry increasingly focuses on sustainability to address climate change, resource depletion, and environmental impact.

The real estate industry is making changes to be more sustainable. This means building and designing properties that are better for the environment. 

Today is World Environment Day 2024, and we focus on how different industries, including real estate, are working to meet environmental challenges. 

One way real estate is changing is by focusing more on sustainability. This means architects and developers are designing more eco-friendly and cost-effective buildings. 

This shift towards sustainability is important because it helps address climate change and other environmental issues caused by construction.

The real estate industry increasingly focuses on sustainability to address climate change, resource depletion, and environmental impact. 

By using energy-efficient systems, water conservation technologies, and eco-friendly materials, buildings can reduce carbon footprints and appeal to environmentally conscious investors and customers.

Developers in real estate are increasingly aiming for green building certifications, like those from the Indian Green Building Council (IGBC). 

These certifications show that a building meets strict environmental standards and focuses on energy efficiency through advanced systems like high-performance HVAC and LED lighting. 

Water conservation measures like dual plumbing systems and low-flow fixtures are also becoming common. 

Additionally, sustainable materials with minimal environmental impact are being used more frequently. 

Developers also prioritise community engagement and social sustainability by including amenities like community gardens, bicycle lanes, and electric vehicle charging stations. 

These features improve residents’ quality of life and support environmental responsibility.

Switching to sustainability may be difficult at first. It can cost a lot to start using green technologies, but they can help you save money in the long run and make your property more valuable. 

As laws get stricter and people care more about the environment, there will be more demand for sustainable buildings. This will make projects like these more financially attractive.

Technology is crucial for sustainable real estate, with advancements in building materials and energy systems making it easier to meet sustainability standards. 

Smart building technologies are common, optimizing energy use and improving indoor air quality. Developers are recognizing the importance of environmentally responsible structures. 

Sustainable practices in real estate can help address global environmental challenges and promote a greener future.

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