Sustainable Homes in High Demand: The Future of Indian Real Estate
Manit Rastogi, founding partner of Morphogenesis, discusses the growing trend of sustainability in Indian real estate, with a focus on eco-friendly homes and large, spacious apartments.
Indian Real EstateSustainabilityEco Friendly HomesGreen BuildingMorphogenesisReal Estate PuneJun 19, 2024
According to Rastogi, the commercial real estate sector has also seen significant consolidation in recent years. However, it is the residential sector that has witnessed the most notable shifts, with homebuyers increasingly seeking out properties that not only offer ample space but also incorporate eco-friendly features and sustainable design.
This trend is expected to continue, with the Indian government's push for sustainable development and the increasing awareness of environmental issues among consumers driving growth in the green building sector. As the demand for sustainable homes continues to rise, developers and architects are being forced to rethink their approach to building design, incorporating features such as energy-efficient systems, renewable energy sources, and sustainable materials.
The benefits of sustainable homes extend beyond the environment, with such properties also offering improved indoor air quality, reduced energy costs, and enhanced overall quality of life. As the Indian real estate sector continues to evolve, it is clear that sustainability will play an increasingly important role in shaping the future of the industry.
Information
Morphogenesis is a leading Indian architecture and design firm, known for its commitment to sustainable and eco-friendly design principles. The company has worked on numerous high-profile projects across India and has received widespread recognition for its innovative approach to building design.
Morphogenesis is a leading architecture and design firm, founded by Manit Rastogi. The company is known for its commitment to sustainable design principles and has worked on numerous high-profile projects across India.
Frequently Asked Questions
What is driving the demand for sustainable homes in India?
The demand for sustainable homes in India is being driven by a growing awareness of environmental issues among consumers, as well as the Indian government's push for sustainable development.
What are the benefits of sustainable homes?
Sustainable homes offer numerous benefits, including improved indoor air quality, reduced energy costs, and enhanced overall quality of life.
How is the commercial real estate sector in India changing?
The commercial real estate sector in India has seen significant consolidation in recent years, with a growing trend towards sustainable and eco-friendly design principles.
What is Morphogenesis and what is its approach to building design?
Morphogenesis is a leading Indian architecture and design firm that is known for its commitment to sustainable and eco-friendly design principles.
What is the future of the Indian real estate sector?
The future of the Indian real estate sector is expected to be shaped by a growing focus on sustainability and eco-friendliness, with developers and architects being forced to rethink their approach to building design.
Related News Articles
Real Estate Market Sees Gains Amid Positive Trend
Real Estate stocks rise as S&P BSE Realty Index gains 0.96% at 8117.27
Long-Term Capital Gain Tax Reforms: A Boon for Real Estate Investors
The revised long-term capital gain tax is expected to benefit most real estate investors, with returns exceeding 10-11 per cent, according to Revenue Secretary.
Monsoon Mayhem: Maharashtra Braces for Heavy Rains, Mumbai and Pune on High Alert
Get ready for more rainfall in Maharashtra as IMD predicts heavy showers in Mumbai and Pune, causing waterlogging and disrupting daily life.
GST Panel Proposes Raising Affordable Housing Limit to ₹56 Lakh Nationwide
A government panel on Goods and Services Tax (GST) for real estate has proposed a significant increase in the affordable housing limit to ₹56 lakh across the country. This recommendation could have far-reaching implications for the real estate sector and
Thakral Corporation Expands into Gurugram Real Estate: A Strategic Move
Singapore-headquartered Thakral Corporation Ltd is set to make a significant investment in Gurugram’s real estate sector, marking its foray into the Indian healthcare and real estate market.
Indian Stock Market Faces Sharp Decline as Various Sectors Take a Hit
The Indian stock market witnessed a significant plunge of over 1% today, driven by mixed economic cues. Key sectors such as real estate, public sector banks, metals, auto, and pharma experienced substantial declines, with the real estate sector being the