Why green real estate is the way forward?

Technology revolutionized human history. Evolving new innovations dragged away the humans from nature leading to many global problems decades later. Once the world realized the importance of balancing development and the environment, sustainability became a hot topic in every industry. Now each and every business sector around the globe are attempting to embrace sustainability at its best capacity. Green real estate is the sustainability-conscious solution in the real estate industry. 

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  1. What is green real estate?

Green real estate is properties that are developed to be more durable with a lesser carbon footprint compared to other traditional properties. They are also believed to be more health-friendly for the occupants. There are three main factors that help to decide if real estate is green real estate. 

  • It is capable of improving the quality of the life of the occupants while smoothly blending with the climate and ecosystem of the locality. 
  • There are measures to conserve energy and other resources throughout the lifecycle of the building.
  • From the start of the construction, there is a commitment and a plan to reuse, recycle and reduce the resources.   

  1. Why green real estate is the way forward? 

Global warming, climate change, and other environmental concerns have forced people to pay attention to the impact of their life on nature. In the modern information era, people are more and more aware of how they contribute to the global environmental crisis and how these environmental problems can affect their future. This is why sustainability has become a priority factor considered when investing in real estate and in other choices people make in their day-to-day lives.   

Research conducted in different countries shows that, 

  •  The second biggest factor affecting a person’s decision to purchase a property is the energy efficiency of the building. 
  • People are willing to pay more for real estate that is more sustainable and eco-friendly. 
  • A building’s ability to conserve energy or use of renewable energy can increase the value of the property considerably. 

The love for eco-friendly real estate is not a concept developed by the property developers themselves. It was an answer to the rising green trends in the world which have spread to almost all the industries in the world. The real estate investors are willing to prioritize green properties over traditional properties and the real estate developers are meeting that demand. 

The laws and regulations in regards to the sustainability standards are also actively updating at present. Starting from the Paris agreement which came into effect in 2016, sustainability regulations are increasingly becoming important to real estate developers and investors. There are certifications emerging in the industry that ensure the level of eco-friendliness of the properties.  

Therefore, green real estate is an investment with a promised future. Now you have the opportunity to invest in green real estate in Sri Lanka. But you must be careful that the real estate you invest in is genuinely eco-friendly and sustainable. You can find out the green real estate available for sale in Sri Lanka through the luxury real estate website Luxely.lk which assures the reliability of the dealers and your convenience. 

  1. How to exploit the benefits of green real estate? 
  • Efficient energy usage

Occupants of a house spend a considerable percentage of their monthly expenses on heating and lighting their building. When purchasing a property or land aiming to reap green benefits, you must consider the availability or the potential for renewable energy sources such as solar energy. 

The land or the building must be spacious enough to facilitate a natural flow of light and heat. If your surrounding requires you to block the light or heat from outside, the houses must be planned or renovated accordingly. It is easier to cut off the energy expenses when buildings are built to receive the maximum heating or lighting naturally.

  • Blending in with the natural environment 

When buying a property or building a house of your own always go for the eco-friendly option. A little change you make in the construction process may help you to reduce your carbon footprint to a great extent. You should have a thorough understanding of how your construction materials are sourced and their impact on the environment. The materials you use on your building must be healthy for the occupants as well as being environmentally friendly. 

Green properties must blend in with the ecosystem it is situated in instead of rising above it. Do not spend on landscaping and gardening which changes the natural landscape of your land. Instead, allow the natural environment around you to beautify your surrounding. If you already have a plan about the climate or natural environment that you need to spend your life in, use a luxury property website like Luxely to find your green real estate in that area.    

In conclusion, green real estate is the future of the real estate industry and it is becoming a luxury that everyone chases to make their lives better. Therefore, this is a great time to make your wise move and invest in green real estate which will benefit both you and the world. 

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