The Mumbai Metropolitan Region (MMR) is witnessing a significant shift towards sustainable living, with homebuyers, especially millennials and Gen Z, prioritizing eco-friendly features in their homes.
SustainabilityReal EstateMmrEcofriendlyGreen HomesReal Estate MumbaiJun 05, 2025
Homebuyers in MMR are demanding sustainable homes due to increasing environmental awareness, the need for energy efficiency, and the desire for healthier living conditions. Millennials and Gen Z, in particular, see eco-friendly features as essential, not just as extras.
Key eco-friendly features include rainwater harvesting, solar power, passive air flow, low-carbon materials, smart energy tracking systems, and collective waste management solutions.
The Brihanmumbai Municipal Corporation (BMC) introduced its inaugural Climate Budget Report for FY 2024–25, allocating a significant portion of its capital outlay to climate resilience, green buildings, flood protection, green transport, and energy efficiency projects.
While green homes may have higher initial costs, they save money in the long term through reduced utility bills and higher resale values, making them a wiser investment both economically and ecologically.
Certification systems such as IGBC, GRIHA, and LEED are recognized in MMR for sustainable homes. These certifications are viewed as essential rather than mere trophies of glory.
The global Commercial Real Estate CRM System Market is growing rapidly due to increasing interest from individuals and organizations, driving expansion during the forecast period of 2024-2031.
Shriram Properties is set to launch a joint development project on a six-acre land in Pune during the second half of the fiscal year 2025. The project is estimated to have an aggregate revenue potential of Rs 700-750 crore.
Harish Rao, a prominent figure in Telangana, has strongly criticized the Congress party for the recent decline in the real estate sector and the overall economic downturn in the state. As a realtor, Revanth Reddy once boasted about his knowledge of real e
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Gulam Zia, Senior Executive Director at Knight Frank India, highlights the resilience of the real estate market post-COVID-19, but raises concerns over the shrinking affordable housing segment and the challenges in the ₹10-50 crore property range.
Laxmi Nivas Bungalow, a historical landmark in Mumbai, has been sold for ₹276 crore, marking one of the most significant real estate transactions in the city. The property, once a hub of the Indian freedom movement, now stands as a testament to the city's