Call for a Sustainable & Smart Future

Environmental friendly developments, clean energy, and sustainability, will be key in real estate developments, observes Munish Baldev, Founder & CEO, J.S Martin & Co

With use of advanced technologies having become an integral part of urban planning and architecture, real estate developments are likewise following suit with technologies like Virtual Reality to showcase properties and reach a wider mass of prospective buyers. For instance, a key determinant of a ‘smart city’ is whether it embraces the most recent innovations to manage and enhance its advantages and assets proficiently. Urban cities need smart real estate management to succeed, thus, it is basic to create appraisal models for smart real estate to transform the vision into reality.

Virtual Reality
Technologies like Virtual Reality (VR) has changed the rudimentary cycle of purchasing and selling properties in India. While venders can list their properties on the web, purchasers can view the portfolio, access the items offered, see the space highlights, and evaluate it accordingly. Some builders are offering VR visits to prospective clients to give them a fundamental thought on what the finished structure would involve.

By using VR and AR, landowners and builders enable prospective customers to get a visual view of their properties by using a VR headset or their cell phone, without having to make arrangements to be physically present at the sites. What’s more, it can empower you to play in the global business sectors, thereby broadening and enhancing the pool of prospective clients.

Earlier, hoardings, flyers, and physical showcasing strategies, and word-of-mouth promotion, were the main ways to communicate about the availability of existing and future undertakings. Today, a wide scope of marketing strategies guide in creating and promoting a brand rather than just selling it

Today, there is a marked increase in the aspirational value of purchasing a house. Customers aren’t just looking for a house; they’re searching for places that offer good facilities and locational advantages, such as shopping malls, business centers, schools, and recreational activities in the vicinity.
Munish Baldev, Founder & CEO, J.S Martin & Co
The customary method of working together in India is bringing about new ideas and plan of action. Innovation and sustainability are directing this change. It is essential for real estate developers across regions to accelerate use of innovative technologies to address environmental issues and execute the right solutions. Architects must design structures that meet the current demand for sustainable features; and property management must be dexterous.
Munish Baldev

Ecological Sustainability
With the accent on ecological sustainability, the real estate sector has likewise seen fast development of green cities with solar power, and other energy and water preserving systems to bring down the carbon footprint, besides researching on sustainable construction materials and techniques. This is because there is a growing interest in sustainable and smart homes.

Urban communities offer more than 70% of world ozone depleting substances while possessing just 2% of the world’s total land. Changes in climatic conditions, rising ocean levels, and worldwide modernization, call for even more eco-friendly structures.

Technology & Sustainability Affecting Asset Valuation
Real Estate is fundamental to urban development which consumes physical assets and is critical to increasing carbon footprints. It is also fundamental to the objective of making a naturally economical future. It is now evident that the real estate sector is responsible for over 20% of the world’s carbon emissions and other adverse ecological effects, including waste creation, contamination, utilization of water and other natural resources.

Many industries are striving to maintain a social, economic, and ecological balance. But what makes real estate distinctive is the way how today’s customers as well as investors factor in technology and sustainability into asset valuation.

Traditionally, innovation and sustainability appear to be fundamentally unrelated. One is driven by elements such as Internet of Things, Artificial Intelligence (AI), and mechanical learning designed to increase manufacture and related efficiencies, the other is driven by climatic and environmental exploitation which require a new methodology for asset protection and ecological administration with improved measures to de-carbonize the environment.

Yet, technological innovations and ecological sustainability exist mutually. Without the power of technology, it is difficult for organizations to lower their carbon footprints and the pollution that they create. What we need now is for organizations to build their business strategies around digital prowess and sustainable practices and thereby build their brand value in the eyes of their customers and stakeholders.

Given the enormous amount of energy utilization and ozone depleting substance outflow in the real estate sector, sustainable practices assume a key function in the battle against environmental change. But from a developer’s point of view, becoming environment friendly has its challenges. As the sector is very capital-intensive with a long-life target, and involves financial experts and engineers, the developer must harmonize current expenses with the property’s future worth, and plan such that the buyers’ interests are secured, and the environment is not adversely affected.

Within the real estate sector there are sub-segments which are at various degrees of development in addressing their ecological and social impact. From buying and designing to planning to demolition, there is an absence of methodology in making and managing structures. This is diminishing the overall viability of the sector’s sustainability.

However, adoption of technology in the real estate sector of India is making new headways. Technology has brought gains for both the buyer and the seller, while enhancing new constructions and property purchasing processes, with significant disruptions in the land and property buying and selling space.

From making client encounters a lot more amicable, speedy, paperless, and convenient, the real estate sector has edged forward. Innovation has enhanced development, raised the quality, and diminished the time taken to assemble the system. What once took months and years to construct, can now be accomplished within a few weeks, without negatively affecting the project’s cost and amount of work.

In conclusion: The Indian real estate sector can no longer remain isolated from adopting cutting-edge technologies.
Click Here
To Know More / Contact The Manufacturer
Please provide your details we will contact you as soon as possible
Please let us know your name.
Please let us know your Designation.
Invalid Input
Please let us know your email address.
Please let us know your City.
Please let us know your Contact Number.
Please brief your query.
Our other value-added services:

To receive updates through e-mail on Products, New Technologies & Equipment, please select the Product Category(s) you are interested in and click 'Submit'. This will help you save time plus you will get the best price quotations from many manufacturers, which you can then evaluate and negotiate.

Equipment & Machinery
Invalid Input
Building Products
Invalid Input

Living Sustainably

Anil Pharande, Chairman, Pharande Spaces, calls for Real estate developers to shoulder a greater responsibility as Green Homes acquire a new relevance amid environment alarm bells Read More ...

Designing Cities of the Future

The future of livability and accessibility has to be accounted for by architects and real estate developers, and all aspects of adaptability have to be imbibed within the design philosophy Mitu Mathur, Director, GPM Architects and Planners Read More ...

Townships Redefining Indian Housing

How do you create a perception of safety in a pandemic scenario? To state it simply, by getting more control of your personal space. It is not possible to change everything around us, but we can choose where and how we live. This is one of the main reasons why Indians Read More ...

Sustainable Construction

Access Architects delivered the Rupa Renaissance project ahead of time with fully functional and optimised spaces, while meeting the client’s expectation of low construction costs despite using composite steel rather than conventional RCC Read More ...

Future of Retail Design & Experience in India

Design International to be honoured at the Asia Pacific Property Awards for its design of the Lulu Mall project in India. Lulu Mall Trivandrum has been chosen as the winner of the prestigious IPA Award for the Retail Architecture category in India. The Awards are in their Read More ...

Balador Athena

Designed by IMK Architects for client Sankpals Developers, Balador Athena is set against the backdrop of the Sahyadri mountain range, along the Talegaon Lake in Talegaon, Pune. The 1,58,750-sq.m residential complex comprises nine seven-storey buildings oriented around Read More ...

Mahagun Marina Walk New- Age Commercial Space

The design of Mahagun Marina Walk promotes sustainability while providing an engaging and safe experience of ‘shopping while walking in a garden’. Amit Singhal, Director, GPM Architects and Planners, discusses the various features and eco-friendly measures taken Read More ...

WPC Glass House - Designed to Sit, Relax & Enjoy the Monsoons on the River Side

WPC exterior grade products are a direct replacement of natural wood. Made with Polyethylene or Polypropylene resins in composition with wood powder, the process creates high density wood-like profiles for different applications. As shown in the picture, we have recently Read More ...

How the commercial investment will lead the real estate sector in 2021

This year began with the nationwide vaccination drive that everyone was looking forward to, which will work as a growth booster for all the sectors. And the real estate sector has not been untouched from the global crisis, which according to the industry experts Read More ...

Bennet & Bernard The Brand That Epitomizes Goa

Here’s the story of Founder & Chairman Lincoln Bennet Rodrigues and co-Founder & Director Lindsay Bernard Rodrigues - first generation entrepreneurs of the Bennet & Bernard Group that defines glamour, magnificence, novelty and exclusivity of luxury housing Read More ...

A World Apart

A RERA certified project of Bennet & Bernard Group, the Grosvenor House in Goa is a formidable architectural marvel, poised to push the boundaries of luxury housing. Inspired by English Heraldic Architecture, the luxury villas exude a sense of aristocracy and royalty Read More ...

The French Connection

Overlooking the Arabian Sea, the Primordial House, located in the bustling hub of Kemp’s Corner in Mumbai, is flanked by high-rise buildings. Symbolizing French living, it has huge balconies and large Georgian bar windows that offer a view of the cityscape Read More ...

Mindspace Business Parks REIT commits to Climate Group’s EV100 initiative at Climate Week NYC 2020

Mindspace Business Parks REIT, with one of India’s largest Grade A office portfolios, has pledged to transition to 100% electric mobility by expanding electric vehicle charging infrastructure for clients across all its Business Parks by 2030 Read More ...

Integrated Townships

Covid-19 has underscored the advantages of self-managed mini-ecosystems with higher safety and security, open spaces, sanitation, and control. Living in integrated townships which are self-sustaining, compact urban ecosystems are now more than just lifestyle Read More ...

ICDBP Selects Indian start-up Facilio to deliver on a Connected & Sustainable Built Environment

Facilio, a leading AI-driven property operations platform, has been chosen by ICD Brookfield Place (ICDBP) to optimize building performance and deliver real-time operational intelligence. ICDBP, a joint venture between Investment Corporation of Dubai (ICD) Read More ...

NSCI confers 7 Construction Safety awards to Shapoorji Pallonji Engineering & Construction

The National Safety Council of India (NSCI) conferred Shapoorji Pallonji’s Engineering & Construction (SP E&C) division with 7 awards in the Buildings and Non-Buildings categories. NSCI Safety Awards recognizes and rewards organisations in the construction sector Read More ...
MGS Architecture

Modern Green Structures & Architecture

Modern Green Structures & Architecture

New Building Material & Construction World

New Building Material & Construction World

Lifting & Specialized Transport

Lifting & Specialized Transport

Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week