Leading Realtors Shift Toward Eco-Friendly Homes Amid Rising Demand for Sustainability

Mumbai: As climate concerns grow, leading real estate developers in India report a marked shift in homebuyers’ preferences toward eco-friendly, energy-efficient homes. A joint report by Resurgent India and NAREDCO projects the Indian green buildings market will reach USD 39 billion (Rs. 3.2 lakh crore) by 2025. Certifications like LEED and BREEAM are gaining prominence, ensuring resource-efficient design and operation, a press statement from leading real estate developers said. 

Developers are incorporating eco-conscious practices in upcoming projects, prioritizing environmental responsibility alongside luxury. These green features not only address climate challenges but also offer long-term savings for investors and homeowners.

Dr. Gautam Kanodia, Founder of Kanodia Group and Kanodia Cement, said, “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, sustainable communities. Backed by agility and innovation, the dynamic landscape of the luxury homes segment is constantly evolving with new trends leading to sustainable luxury living.”

Harsh Gupta, CEO of Sundream, says, “Green certifications are becoming increasingly important for eco-conscious buyers, as they reflect a developer’s commitment to sustainability. These certifications assure customers that the project is built with minimal environmental impact. Backed by green certifications, real estate projects are ensuring a better quality of life for residents and occupants of commercial space. As developers, we align our projects with the ever-growing need for sustainability, focusing on ecological designs, solutions with energy efficiency, and waste reduction.”

Ashwani Kumar, Pyramid Infratech, adds, “Homebuyers take sustainability as the core value and the real estate sector responds to this demand with the healthy supply of green living space. When developers adopt sustainability in their projects, real estate transforms from the construction of something physical into building an eco-friendly community. These factors appeal to a wider population, thereby increasing the demand and property values. Thus, as buyers become more conscious, we look forward to catering to a more sustainable future.”