<\/p>\n
Increasing demands of sustainable housing, buildings complying to environmental, social and governance (ESG) standards and call for net-zero developments have led to realtors making environment their focal point.<\/p>\n
The construction and development sectors combined are liable for 36% for world\u2019s final energy consumption and about 40% of direct and indirect CO2 emission. The Real Estate sector is accountable for 24% of India\u2019s CO2 emission. Various reports have showcased construction and buildings in India are liable for 40% of the use of energy, 30% of raw materials, 20% of water consumption, 20% of land use and generate 30% of solid waste and 20% of water effluents.<\/p>\n
To combat this, developers like\u00a0DLF, Godrej Properties<\/a><\/strong><\/em>, Prestige Estates, Macrotech and\u00a0Sobha are advancing to reduce energy and water consumption. Mahindra Lifespace Developers announced its applaudable commitment to constructing only net-zero buildings from 2030.<\/p>\n As per reports published by CBRE, a real estate services company, market leader DLF\u2019s rental sites had been zero water discharge since 2018. Godrej Properties is aiming towards decreasing their waste-to-land footprint while already being a water efficient and carbon neutral company. Macrotech has accomplished a commendable feat of 100% water recycling and is advancing to carbon neutrality by 2035. As per the spokesperson of Mahindra Luminare<\/strong><\/em><\/a> Lifespace, the company has a 100% green portfolio.<\/p>\n For investors, ESG compliance has become an indispensable factor. Such buildings will yield to better returns is becoming a common idea among the homebuyers as said by Mr, Aditya Kushwaha<\/strong><\/em><\/a>, chief executive officer of Axis Corp.<\/p>\n","protected":false},"excerpt":{"rendered":" Increasing demands of sustainable housing, buildings complying to environmental, social and governance (ESG) standards and call for net-zero developments have led to realtors making environment their focal point. The construction and development sectors combined are liable for 36% for world\u2019s final energy consumption and about 40% of direct and indirect CO2 emission. The Real Estate sector is accountable for 24% of India\u2019s CO2 emission. Various reports have showcased construction and buildings in India are liable for 40% of the <\/span>Continue Reading<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":2919,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/posts\/2918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/comments?post=2918"}],"version-history":[{"count":2,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/posts\/2918\/revisions"}],"predecessor-version":[{"id":2921,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/posts\/2918\/revisions\/2921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/media\/2919"}],"wp:attachment":[{"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/media?parent=2918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/categories?post=2918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/tags?post=2918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}