Tejas Chavan: Pioneering Sustainable Real Estate in India
The growth of a country’s real estate industry can often indicate the direction of its economic trajectory. A thriving real estate sector suggests rising customer interest, positive capital flow, and impressive liquidity. This makes it crucial to have the best minds driving the growth of the Indian real estate industry. One such visionary is Tejas Chavan, who has been at the forefront of sustainable real estate innovation for over two decades.
Tejas Chavan, a prominent figure in the Indian real estate landscape, is featured in Business Outreach Magazine’s highly coveted 40 under 40 2025 Edition. His commitment to sustainability and community impact is evident through his projects such as Green Spaces, Grape County Eco Resort, and Viveda Wellness Village. Chavan emphasizes the urgency of incorporating sustainable development into the real estate sector, a principle he has championed throughout his career.
Green Spaces, founded in 1985, has been a transformative force in fostering ecological integrity and community-first principles. Under Chavan’s leadership, Green Spaces focuses on wellness and eco-conscious living. The Grape County Eco Resort, an award-winning eco-retreat, boasts landscapes with about 52,000 native trees and a strict no-single-use-plastics policy. Chavan’s philosophy emphasizes place-based, hyperlocal development, tailored to fit the geography, culture, and communities of semi-urban and rural regions like Nashik and Igatpuri.
Tejas Chavan’s approach to real estate is not just about building structures; it’s about creating a sustainable and inclusive environment. He has created numerous jobs by collaborating with local panchayats, farmers, and artisans, setting a positive example for both environmental and socio-economic impact. Initiatives like Hausla and Eco-Pedlars have supported tribal farming and reduced carbon footprints by sourcing locally. Projects like Nakshatra Gardens and flowering-tree-themed communities blend traditional methods with modern, eco-friendly design.
Chavan’s leadership philosophy is deeply rooted in sustainability, innovation, and empathy. He believes that leadership has the potential to bring meaningful change to society. His projects, such as Green Spaces, Grape County Eco Resort, and Viveda Wellness Village, are designed to inspire sustainable living, immersive eco-retreats, and holistic wellness experiences. Green Spaces focuses on eco-friendly homes, organic farming, and environmental consultancy, while Grape County Eco Resort blends luxury with sustainability, and Viveda Wellness Village promotes holistic wellbeing.
Educated with an MBA in Marketing, Chavan’s strategic thinking, business development, and understanding of customer needs have been instrumental in his success. He also founded Eco-Drive Youngsters, an initiative that inspires youth to actively contribute to environmental conservation and community welfare.
Tejas Chavan’s leadership has earned Green Spaces a reputation for excellence in sustainable real estate. He has pioneered eco-conscious residential and hospitality projects in Maharashtra, founded multiple NGOs promoting environmental conservation, youth engagement, and social welfare, and implemented Green Griha-certified sustainable corporate infrastructure. His support for tribal farmers through organic farming initiatives and heritage crop revival has further solidified his commitment to sustainable practices.
Some of the accolades received by Chavan and his projects include the Vanashree Award (2015) for his work in forestation and transforming barren lands into green pastures, the Vivekananda Award for Sustainability & Biodiversity, the Paryatan Mitra Award by Maharashtra Tourism, and the India Travel Awards – West & South. Green Spaces’ corporate office in Nashik became India’s 7th Green Griha Certified Building.
Despite challenges such as shifting mindsets, helping stakeholders, clients, and communities understand the economic viability of sustainability, and infrastructure constraints, Tejas Chavan has scaled Green Spaces with remarkable success. He firmly believes that sustainability is not a choice but a responsibility to future generations.
