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The Trend to watch out for in 2020!

Township

The spotlight is shifting towards sustainable living and green townships like Hiranandani Parks. It is part of a global trend towards creating natural and healthy living spaces for homebuyers through projects with a focus on recycling of materials and minimizing environmental impact. Steadily, people are opting for green projects, especially integrated townships that promise a healthier future for them.

The new year will see more and more home buyers preferring projects that optimize energy efficiency, use less water, conserve natural resources and generates less waste. Hiranandani Parks offers luxurious apartments, villas and villa plots and uses resources more efficiently, generates less emissions and produces less waste than conventional projects. In fact, it has wide-open spaces, a state-of-the-art water treatment plant, organic farms, parks, and lush themed gardens.

The key benefits of a self-sustaining township are clearly evident at Hiranandani Parks and include the following:

  • Protecting & preserving the ecosystem
  • Optimal use of water and power
  • Offering a healthier lifestyle
  • Enhanced daylight
  • Better air quality
  • Focus on recycling water

Sustainable real estate is not just about constructing square feet of space which is green and eco-friendly. It’s about creating a space that emphasizes more efficient use of energy, space arrangement to meet the maximum needs of humankind, providing pleasant as well as healthy living & working spaces while creating a positive impact on the environment.

One can only achieve these if they are enforced right from the concept and planning process. Speaking on the better growth perspective Dr Niranjan Hiranandani, President,  National Real Estate Development Council  & Founder Chairman and MD, Hiranandani Communities  said, “The industry needs to look at the development which minimizes the friction between nature and the urban environment by incorporating and creating integrated spaces that has an ability to meet the maximum need of humankind.”

Dr Niranjan Hiranandani added, “The intelligent usage of water including rainwater harvesting, sewage treatment and well-managed water distribution system helps the projects to access the water that would have normally been waste or are allowed to just flow away.”

When we look at the creation of an integrated township, or mixed-use township, we need to ensure that the quality of life of people who live in them gets enhanced. Being ‘Green’ and environment-friendly is part of this vision, and saving water, conserving it — as also recycling and reusing it — is part of the ‘Magic Mantra’ that delivers sustainable real estate.

Real estate has always been one of the most reliable and powerful ways to grow your wealth in the long run. Even as growth moderates in many cities, the pace of construction activity remains rapid, increasing investment opportunities.

There will definitely be a growing demand for energy-efficient and environment-friendly architecture seen at townships like Hiranandani Parks in Oragadam, Chennai while the real estate sector in India is expected to reach a market size of US$ 650 billion by 2040 from US$ 180 billion in 2020.

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