NewsVoir Delhi-NCR [India], September 25: As the world faces growing climate changes, people are becoming more mindful of their impact on the environment. There has been a noticeable shift in their lifestyle preferences, which is evident in their choices of where and how they live. Today, most homebuyers look for homes with more eco-friendly features, consume less energy, leave less carbon footprint, and incorporate green technologies.
This phenomenon of adopting more sustainable living has changed the face of the real estate market because developers are increasingly adopting eco-friendly practices and embracing broader approaches to sustainability. Also Read | Maharashtra Ladki Bahin Yojana: Congress Leader Prithviraj Chavan Says MVA Will Make Ladki Bahin Scheme a Rights-Based Scheme. A joint report by Resurgent India and NAREDCO reveals the green buildings market in India is anticipated to rise significantly, contributing USD 39 billion (Rs.
3.2 lakh crore) by 2025. This trend highlights the growing emphasis on sustainable construction, with green buildings becoming a larger share of new developments.
Dr. Gautam Kanodia, Founder of Kanodia Group and Kanodia Cement, says, "The surge in demand for sustainable living spaces indicates a huge societal shift towards eco-consciousness. Today, buyers are mindful of carbon footprints and embrace an eco-conscious lifestyle.
Hence, the real estate sector is witnessing increased adoption of sustainable practices to create future-proof.