2024 marked a significant milestone for the Indian real estate sector, with institutional investments hitting an all-time high of USD 8.9 Billion. In a groundbreaking move, SuperHumanRace and CREDAI Maharashtra have joined forces to launch a regional emis
Real EstateSustainable DevelopmentEmissions ReductionCredai MaharashtraSuperhumanraceReal Estate MaharashtraJan 16, 2025
The primary goal is to significantly reduce the carbon footprint of real estate projects in Maharashtra by implementing green building materials, energy-efficient designs, and renewable energy sources.
The partnership will focus on educating stakeholders about the benefits of green building and providing resources for implementation, including workshops, seminars, and awareness campaigns.
Key challenges include the cost of implementation, resistance to change, and navigating regulatory hurdles. The partnership will address these through funding opportunities, education campaigns, and close collaboration with government agencies.
Success stories from regions like the Green Building Council of Australia will be studied and adapted to provide inspiration and guidance for implementing sustainable practices in the Indian context.
The initiative is expected to set a new standard for sustainable development in the real estate sector, making a lasting impact on the industry and the environment by reducing carbon emissions and promoting sustainable practices.
The real estate market's growth trajectory is fuelled by factors such as urbanisation, economic development, and a growing middle class with rising disposable incomes.
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