Home Uncategorized Exploring the Demand for Bangalore Eco-Friendly Homes in Today’s Market
Uncategorized - 1 day ago

Exploring the Demand for Bangalore Eco-Friendly Homes in Today’s Market

Exploring the Demand for Bangalore Eco-Friendly Homes in Today’s Market

The demand for Bangalore eco-friendly homes in recent years has witnessed a sharp rise.  The reason behind this popular trend is increasing awareness about safeguarding the environment, health and wellness concerns, and a changing mindset about what defines a home. Homebuyers today no longer look for four walls and modern amenities when shopping for their dream homes. They look for properties that contribute towards improving the quality of their lives and promote sustainable living. 

Growing Trends and Buyer Awareness

Various studies indicate a shift in homebuyer preferences, particularly in major cities such as Bangalore and Gurgaon. Interestingly, there has been a surge in smart and eco-friendly housing in Bangalore, featuring aspects such as green certifications from LEED or IGBC, the use of solar panels, water efficiency, and other sustainable features. An article from Financial Express further highlights that residents of Bangalore are increasingly opting for sustainable and eco-friendly buildings, and developers are responding accordingly. For example, vertical gardens are now being integrated into high-rise buildings, creating dedicated green spaces that not only enhance the appearance of the space but also function as natural air purifiers.

What are buyers looking for?

Whether you are buying an eco-friendly house in Gurgaon or Bangalore, these are some key features that differentiate your home from a regular one – 

  • Energy-saving fittings like solar panels, energy-efficient lighting/appliances
  • Green certifications from international bodies like IGBC, LEED, WELL, etc
  • Water conservation is a must-featured. This includes characteristic features like rainwater harvesting, grey water recycling, and water-saving fixtures
  • Ventilation for natural light and good indoor air quality. This also includes the use of non-toxic materials to reduce pollution and improve wellness

Price Impacts and Premiums

Sustainability and green come with higher initial costs. Most eco-friendly projects in Bangalore and other cities tend to be more expensive than conventional ones. Of course, the features determine the pricing further. In the long term, though, you save, especially on utility bills like electricity and water. You even save money on maintenance costs. Another aspect to consider is the property’s increased resale value. This is because green-certified homes in Bangalore and other major cities tend to appreciate more quickly. When you resell, new buyers will tend to pay a premium for places that are sustainable, green certified, and have lower operating costs.

Challenges of Buying Bangalore Eco-Friendly Homes and What’s Needed

  1. Initial costs of eco-friendly homes are usually considerably higher. This remains the biggest hurdle for most buyers.  
  2. Many builders and sellers claim that their homes are eco-friendly. It is difficult to gauge the authenticity of these claims. Buyers should research and verify certifications before making a purchase.
  3. Eco-friendly houses in Gurgaon and Bangalore are available, although they are still in limited numbers. This is more evident in suburbs, but you can also look for farmland or managed farmland and plots that support sustainable living.

The Future

The market for Bangalore eco-friendly homes is expected to grow as buyer awareness and preferences evolve further. Increasingly, developers today are creating real estate solutions that cater to this demand. Before investing your money in buying an eco-friendly house in Gurgaon or Bangalore, ensure that you cross-check all relevant details, especially those pertaining to green certifications.

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

The Rise of AI in Beauty E-Commerce: A New Era of Smart Skincare

As more and more customers expect tailored items, beauty e-commerce is going through a hug…