Sustainability And Real Estate
CIO Review|May 2019
Sustainability And Real Estate

We live in a modern, consumerist and largely urban world, consuming more energy and resources than we can replenish.

Ben Salmon

Historically, man’s need for technological and economic advancement has resulted in environmental degradation.

During my experience working in India for more than a decade,I have witnessed first handa substantial increase in population, urbanization, income level, etc. that has resulted in more demand for the real estate sector but with it, a terrible draw on both water and energy resources. In fact, research says buildings worldwide account for 40% of global energy consumption and generate around 38% of the total waste. And, with this sector only bound to grow, it is evident that the demand for energy, water and other resources will also increase, making it imperative for real estate investors, developers and consumers/ customers to be conscious of it and a shift in the global focus towards sustainable development. It has now become important for both developers and customers to consider constructing and occupying buildings or homes that promote a sustainable future.

articleRead

You can read up to 3 premium stories before you subscribe to Magzter GOLD

Log in, if you are already a subscriber

GoldLogo

Get unlimited access to thousands of curated premium stories, newspapers and 5,000+ magazines

READ THE ENTIRE ISSUE

May 2019