People want to shell on green projects
As the realty business is getting more organized and professional, consumers too are now becoming more aware of the New Age technological advancements. After having understood the benefits of living in a green, eco-friendly, and environmentally-sustainable space buyers and corporate occupiers are now showing their preference for green projects.
There are a number of development firms that are now building two categories of projects-one with normal specifications and regular features, and the second with slightly modified specifications incorporating green technologies. While the first category has been the norm till date, the second category of projects is now being taken up in earnest by some number of development firms.
The potential for quick returns in these projects on account of the interest shown by all kinds of buyers is a major factor pulling a number of developers into green projects. Green projects are being welcomed by the present generation. They are willing to pay more to avail the ecological benefits that these green projects are offering. The new generation has become aware of the rapid changing and dying environmental resources and they want to take up remedies which could help them and the surrounding.
Source: Times of India
Eco-friendly, environmentally-sustainable, Green, Green projects, green technologies, Realty business
