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Why Are Green Homes Worth Buying?
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Why Are Green Homes Worth Buying?
Real estate sector in India holds immense potential towards achieving sustainable living. Sustainable and green building construction techniques can make infrastructure development in the country more environmentally friendly. One of the biggest advantages of green homes is the fact that these are low-maintenance and cost-effective in the long run.
A convention building consumes resources and generates wastes in different phases- construction, maintenance, and deconstruction. If not monitored, these phases in the lifecycle of a building can have negative impacts on the environment. Green architecture reduces negative effects on the environment. Green homes are self-sustaining, use less water, energy & better at waste management.
A green building is an environment-friendly right from its designing phase to completion, operation and even deconstruction. It can reduce energy consumption by 20-30% and water usage by 30-50% thanks to recycling. Apart from resource management, green buildings promise:
- Improved air quality for occupants
- Optimized uses of daylight
- Reduced energy consumption and costs
- Efficient water management
- Better health and living conditions
- Less waste generation
- Limit emission of greenhouse gases
The real state sector is one of the biggest consumers of resources. It is also responsible for emitting the significant amount of pollutants in the environment. Green homes play a vital role in achieving sustainable living and slow down environmental degradation. Investing in green homes is a modern and wise decision for home buyers owing to long-term benefits and market potential associated with these homes.
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Disclaimer: The information contained in this post is for general information purposes only. IIFL Home Finance Limited (including its associates and affiliates) ("the Company") assumes no liability or responsibility for any errors or omissions in the contents of this post and under no circumstances shall the Company be liable for any damage, loss, injury or disappointment, etc. suffered by any reader. All information in this post is provided "as is", with no guarantee of completeness, accuracy, timeliness, or of the results, etc. obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability, and fitness for a particular purpose. Given the changing nature of laws, rules, and regulations, there may be delays, omissions, or inaccuracies in the information contained in this post. The information on this post is provided with the understanding that the Company is not herein engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or other competent advisers. This post may contain views and opinions which are those of the authors and do not necessarily reflect the official policy or position of any other agency or organization. This post may also contain links to external websites that are not provided or maintained by or in any way affiliated with the Company and the Company does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites. Any/ all (Home/ Loan Against Property/ Secured Business Loan/ Balance Transfer/ Home Improvement Loan/ NRI Home Loan/ Home Loan for Uniformed Services) loan product specifications and information that may be stated in this post are subject to change from time to time, readers are advised to reach out to the Company for current specifications of the said (Home/ Loan Against Property/ Secured Business Loan/ Balance Transfer/ Home Improvement Loan/ NRI Home Loan/ Home Loan for Uniformed Services) loan.
