1. SUSTAINABLE REAL ESTATE
Sustainable/ GREEN real estate development has carved out its niche in recent years. Those who have adopted the trend are already reaping the rewards. It’s worth noting, however, it’s not too late to jump on the bandwagon. “Green” real estate development project is otherwise known as “greenhabbing,
With climate change, income inequality, and social justice, real estate stakeholders demand greater transparency. Related to how companies interact with and impact the communities in which they operate. Investors, regulators, and society as a whole are looking to assess these nonfinancial measures to determine the real long-term value of a company and real estate assets. Environmental, Social, and Governance (ESG) are gaining prominence concerning investment decisions and the determination of capital allocations, especially about the global real estate industry. But how are organizations meeting these expectations while also meeting the bottom line?
It is a famous saying of Petra Kelly;
‘If there is a future, it will be green.’
Within the construction industry, building sustainable and energy-efficient structures is essential to business success. Offering home buyers environmentally-conscious features like rooftop solar panels, LED lighting, improved insulation, and smart-home technology is the future. It is vital for both the consumer and investor’s eyes as both intentional and measurable (e.g., lower utility bills, reduced water usage, renewable solar energy). As a global society, our environmental consciousness is only continuing to grow, acknowledging, and incorporating the value of sustainability into all aspects of our lifestyle of the utmost importance.
With this in mind, it’s crucial that you remain one step ahead of the game as a real estate agent. Concentrating your efforts on ecological-investments and learning how to effectively communicate this to prospective buyers. Undoubtedly, building better, more ecological-friendly homes means improving the quality of life for those living within the green walls because the materials used to make green housing are free from volatile organic compounds (VOCs). These are known to be carcinogenic.
2. SOME COST-EFFECTIVE WAYS TO BUILD AN ECO-FRIENDLY HOME
- Choosing a location for your property
- Select sustainable building materials
- Go solar
- Using plastic as building blocks
- Rooftop garden
- A properly sealed duct system
- Insulate your home
- Dual-flush toilets
- Using recycled material wherever you can
- Reservoirs for storing rain water
3. ADVANTAGES OF SUSTAINABLE REAL ESTATE
FUTURE PROOF YOUR BUSINESS
There is no doubt about it; sustainability is the future of nearly every industry, and residential developers are no exception. The consumption of natural resources is too high. Authorities worldwide are doing their best to reduce the use of those otherwise limited resources while simultaneously decrease our carbon footprint.
INCREASE YOUR INCOME POTENTIAL
Quite simply, green homes tend to sell for more than that of their non-sustainable counterparts. Studies have shown that sustainable homes can sell for as much as nine percent more than less energy-efficient ones.
CREATE MORE DEMAND
As a residential developer, it is in your best interest to meet the needs of potential buyers who are looking these days for ecological-friendly houses. So it increases the demand for ecological-friendly housing.
EFFICIENT USE OF WATER
The world is facing a severe shortage of water. America is witnessing the worst droughts due to the shallow water. Saudi Arabia will soon stop the cultivation of rice and wheat due to the shortage of water. The same is the case with Pakistan. This water scarcity can be checked by building sustainable homes designed to store rain water. The residents will be able to use the stored water after recycling.
Manufacturing construction materials consume a lot of natural resources and emit CO2. This process ultimately damages our environment. Therefore, the choice of construction materials is significant. Green homes are built with reusable construction materials.
4.HOW TO PREPARE FOR THE FUTURE OF SUSTAINABLE/ GREEN REAL ESTATE DEVELOPMENT
Sustainable real estate development is the future. More and more builders will look to green real estate development to reduce their carbon footprint and build more efficient living spaces. It is worth noting, however, that the future is now. The idea that sustainable real estate development is years away is incorrect.
5. HOUSING SOCIETIES PRACTICING SUSTAINABLE GREEN REAL ESTATE IN TWIN CITIES
“A house in harmony with nature is much more than a house; it is a continuation of the spirit of nature within us!”
The adverse effects of global warming are being felt worldwide and recently in Pakistan. Property owners have started looking towards incorporating environment-friendly features in their current homes. Or they intend to buy homes that have ecological-friendly and sustainable features integrated into them. This trend will thus not only lead to better living but will also add to a cleaner environment.
Mivida City Islamabad
Mivida Developments Private Limited, launched Mivida Community in Islamabad. The first-ever Eco Sustainable City in Pakistan. Mivida has created a portfolio of world-class living spaces and work environments all over the world. MIVID. Pakistan is a unique, comprehensive, and vibrant Sustainable and Smart city. It provides residential, commercial, public, and resort living facilities, served by ample amenities and high-quality infrastructure.
A residential lifestyle experience ranges from ultra-high lifestyle to affordable housing, creating a uniquely dynamic mix-use sustainable development with a holistic lifestyle.
“Sustainable Cities” are organized without excessive reliance on external resources and produce by themselves renewable sources of energy, reduce wastage, recycle materials and water and conserve energy.
They promote and provide Eco-sustainable core infrastructure with a clean and green environment and lifestyle maintained through smart management technologies and solutions.
FEATURES AND AMENITIES
- 9 Holes Golf Course at 40 acres
- Heat Islands
- Green Spine Walkways and Cherry Blossom Pavilions
- Walk able Biking & Shaded Jogging Trails
- Botanical & Rain Gardens
- Solar Trees
- Butterfly House, Avian Park, Bird Sanctuaries & Zoo Play
- Fields & Interactive Green Spaces
- Water & Amusement Parks
- Organic Fruits & Vegetable Garden
- Freshwater Lake Resorts with Boating & Fishing Clubs
- Organic & Botanical Gardens
- Recreation Island
- Reduced Water Consumption
- Renewable Energy through Solar Farms, Windmills & Bio Plant
- Bio-filtered Wastewater Recycling
- Centralized Waste Management, Recycling Centers & Bins
- Water Conservation & Water Treatment Plant (WTP)
- Rainwater Collection Ponds
- Sustainable Landscape Preservation Strategies
- Less Carbon Footprint
Gulberg Islamabad is one of the newest housing projects in Islamabad. Since it aims to be a city within the city, every facility will have a happy and comfortable life. A scenic view surrounds the project. The infrastructure is smart, contemporary, and sustainable and stands as a promise of prosperous, safe, and luxurious life. Opting for a Gulberg Greens farmhouse or a Gulberg Residencia house comes with the below facilities.
FEATURES AND AMENITIES
- Round the Clock Electricity Supply
- Complete Ownership
- Community with a Security Gate
- 80% Green Area
- Dedicated Security System
- Solar Powered Street Lamps
- Underground Electricity Wiring
- Wide Road Network
- 24/7 Water Supply
- Proactive Waste Management System
- Constant Sui Gas Supply
Gulberg Islamabad is a kind housing project built on providing a sustainable and green living style to the residents. Sustainable living is a green living mode in which people make decisions mindfully to decrease their carbon footprint.
These efforts include considering how they use natural resources. Finding more ecological-friendly and sustainable transportation and energy production options and usage.
Developers have planned Gulberg Islamabad with an utter decision of “No compromise on the natural beauty,” and the decision is still consistent. With the passage of time, as the development process has paced up, it has always been ensured that the infrastructure shouldn’t become an obstacle in the way of a green and healthy society. 80% of the entire area has been kept green, and a forestry staff of more than 500 people takes care of society’s greens. Gulberg Islamabad has dedicated nurseries to produce all the fruit-bearing trees, evergreen trees and flowers, and thick green grass beds. A lot of fruit-bearing and evergreen trees like olives, mangoes, figs, grapes, peaches, palm, dates, and pine trees have been planted in the society to provide you with the best scenery for your sight, pure air to inhale, and delicious and fresh fruits for your taste buds.
CAPITAL SMART CITY
Capital Smart City is the first-ever Smart City of Pakistan. It aims to provide the best and healthy lifestyle for citizens. Tucked away from the city hustle-bustle, Capital Smart City determined a high quality of the environment. For that purpose, their keen focus while planning and developing the project is to do not disturb nature. It has also reserved more than 30% of the total land for green spaces and topography. That is the reason it is called the biggest ecological-friendly city in Pakistan.
AMENITIES AND FACILITIES
- Theme parks
- The advanced and modern Security system
- Green and Clean atmosphere
- Underground Electricity wiring
- 24/7 supply of water, gas, and electricity
- Smart apps such as. traffic, weather, electricity, internet
- 5- stars Hotels, Shopping centers, and Sports clubs
- Intelligent and modern housing planning
- Mosques, parks, lakes, and cultural centers
- Recreational Activities for peace of mind
- Moven Pick hotels and Resorts
- Near to New Airport in Islamabad
- The vast and carpeted network of roads
Going green has gone from being a luxury option to a necessity for today’s global built environment sector. Eighteen is one of the most lucrative investments in Islamabad. This mega real estate project blends seamlessly with the magnificent natural beauty surrounding the area. The urban infrastructure of Eighteen is something to marvel at. The dedicated green spaces and sheer attention to detail make it one of the most environment-friendly yet ultra-modern living destinations in Pakistan.
FEATURES AND AMENITIES
More than 2000 residential units
- Modern architecture
- Majestic golf course
- Luxury 5-star hotel
- International standard shopping mall with high-end retail outlets
- Business district with state-of-the-art office buildings
- Top-notch educational institutes
- Well-equipped medical and health care centers
- Dedicated green spaces and parks
- Properly-designed parking spaces
- Availability of all civic amenities
- Safe and secure environment
Eighteen Islamabad aims to reserve the rainwater, keeping in mind the shortage of water. They will be building dams and utilizing reservoirs in addition to many water wells. The irrigation system, on the other hand, is being designed by a renowned international-based firm.
Eighteen offers 35% area as a golf course and 11% open spaces and greenery, making it environment friendly.
Sustainable real estate development isn’t a fad, nor should those interested in flipping properties relegate it to the garbage bin. If for nothing else, it’s the industry’s future and something every residential developer needs to consider in at least some capacity. Those who do will realize their full potential to do more business and increase their bottom line. To maintain that sustainable real estate development is the next step in investor evolution. Those who adopt the latest trends will surely reap the rewards.
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