A 55-year-old woman looking to buy property in the Delhi-NCR region is actively considering investments in eco-friendly and sustainable housing solutions. Her primary concern is the severe air pollution plaguing the area, but she remains cautious as sustainability is not yet a mainstream priority for most buyers. Real estate experts affirm that her inclination towards green projects is not just advisable but a strategically sound decision for the future.
The Compelling Case for Green Real Estate
Green real estate involves properties designed, built, and operated with a focus on environmental responsibility. These projects aim to create efficient and sustainable living spaces. While it's true that sustainability isn't the top factor for most investors today, the escalating environmental crisis, particularly the deteriorating Air Quality Index (AQI) in Delhi and its neighboring regions, makes integrating eco-friendly practices into long-term decisions like property buying imperative.
Future-Proofing Your Investment
Looking ahead, awareness and demand for environmentally friendly housing are set to rise significantly. In the coming years, projects offering sustainable amenities like advanced air filtration systems, ample green spaces, energy-efficient solutions, and water conservation measures will likely become crucial to property valuation. This marks a shift from traditional assessment parameters to more future-oriented preferences.
From a pure investment standpoint, green real estate makes strong financial sense. Such projects are typically better positioned to comply with evolving environmental and construction regulations. This alignment reduces the risk of unforeseen costs from sudden compliance mandates. Furthermore, properties that retain relevance through sustainable features are likely to see improved resale potential over time.
Balancing Profit and Planet
While profitability drives most investments, green real estate offers a unique advantage: it balances long-term financial returns with environmental responsibility. These projects have the potential to be more profitable in the long run while contributing positively to environmental preservation. For a prospective buyer in a high-pollution zone like Delhi-NCR, opting for sustainable real estate is a prudent, forward-looking choice that addresses both personal well-being and asset value.
The expert advice comes from Aditya Chopra, Managing Partner, and Fatima Ali, Associate, at The Victoriam Legalis. They reinforce that investing in real estate projects promising sustainable solutions is advisable, given the gradual but steady introduction of green real estate in the industry.
