World Environment Day
Real Estate

World Environment Day

Every year June 5 is observed as World Environment Day around the world. This year, the theme of the day is ‘Celebrate Biodiversity’, which is a call to action for individuals and government bodies around the world to undertake actions that can save and protect our environment from its rapid degradation. The global COVID epidemic has once again reminded us of the need to push a reverse button, re-plan our development path, restructure our cities and reconfigure our ways of living.
 
For far too long, the human race has taken the planet for granted, where we have exploited its resources and depleted its biodiversity to fulfil the needs of our unsustainable lifestyles. Recent reports have also highlighted that the health of the planet’s ecosystems is deteriorating faster than ever and the rate of species extinctions is accelerating. Adoption of unsustainable practices such as rapid urbanisation, rising levels of consumption, and the degradation of lands have led to a rampant increase in environmental problems like soil erosion, ozone layer depletion and rise in levels of air pollution. Recent instances of forest fires in Australia and California have showcased how our illicit practices are causing harm to millions of habitats around the world and are restricting our green cover. It is the result of these practices that a series of zoonotic diseases like SARS, MERS, Ebola, bird flu or COVID-19 have now been unleashed into our eco-system.  
 
As we start thinking of living in the post-COVID world, there are now diverse perspectives on how our cities can respond better to current and future crises. Once the current pandemic is over, life in cities as we know it will change and the changes that will come around will be long-term. A majority of the decision-making in the construction of new cities will now depend on many factors, including how governments and societies respond to the Coronavirus aftermath. Therefore, building a course towards more sustainable lifestyles has now become imperative for us. It is the impact of the ongoing pandemic which has made it certain that we change our approach to work and lifestyle, wherein we undertake long term initiatives for environment conservation and focus towards creating communities that are better, stronger and provide eco-friendlier solutions for the future.

What is the need of the hour and way forward?
The vision for the future of development and environmental conservation will require a radical transformation of our current infrastructure systems. Conservation of energy and water, proper waste management and sanitation should now be the basis of future growth patterns. 
 
In the recent past, planned design and development of our urban landscapes have presented a solution to address the current need gap for the adoption of sustainable living and has showcased its ability to foresee and accommodate the future requirements of cities and their urban dwellers. Investments in planned urbanisation have been found to not only improve the quality of life of the citizens but can also be a huge contributor to the environment. 

Today, leading Indian realtors have transitioned towards building smart and self-sustaining projects which comprise a wish-list of infrastructure and services which cater to the aspirations and needs of today’s customer. This rise in sustainable projects have ensured that developers make structural modifications in their new builds such as re-distribution of airflow and oxygen supply and implanting elements for quick absorption of carbon dioxide in their properties which will not only enhance hygiene and health of the customers, but will also reduce the overall carbon footprint of the property. 
 
Moving beyond the traditional practices of environment conservation like solar power for lighting up of common areas, rainwater harvesting, recycling and reusing water for flushing or landscapes, wet and dry waste segregation, these properties ensure that traditional practices co-exist with modern technologies. 
 
With the inclusion of the eco-village practices, such as provision of energy-positive homes, doorstep high-yield organic food production, use of mixed renewable energy and storage, waste recycling and making use of advanced agricultural technologies that require less land, like aquaponics, hydroponics and vertical farms, these infrastructures are now making sure that a balanced community is the central theme of all the realty projects. Such projects have the capability to not only enable people to live, work, and enjoy a vibrant community life, but can also promote a feeling of self-reliance among its residents in an ecologically aware and sensitive way.
 
Even though the development of self-sustaining communities is still a very niche concept in India, however, the industry is expected to attract interest from both the investors and the buyers. India currently ranks second, just after the US, in terms of the number of green technology projects and built-up areas. Post the COVID-19 crisis, this holistic construction approach is here to stay as a sector that promises incredible growth for many years to come since it encourages interdependence and shared responsibility among stakeholders in building value chain. However, what is certain is that we will witness changes that will be for the long term and hopefully use lessons from this crisis to rebuild and create communities that are better, stronger and provide eco-friendlier solutions for the future.

About the author:
Lindsay Bernard Rodrigues is the Co-owner and Director at Bennet & Bernard Group.

Every year June 5 is observed as World Environment Day around the world. This year, the theme of the day is ‘Celebrate Biodiversity’, which is a call to action for individuals and government bodies around the world to undertake actions that can save and protect our environment from its rapid degradation. The global COVID epidemic has once again reminded us of the need to push a reverse button, re-plan our development path, restructure our cities and reconfigure our ways of living. For far too long, the human race has taken the planet for granted, where we have exploited its resources and depleted its biodiversity to fulfil the needs of our unsustainable lifestyles. Recent reports have also highlighted that the health of the planet’s ecosystems is deteriorating faster than ever and the rate of species extinctions is accelerating. Adoption of unsustainable practices such as rapid urbanisation, rising levels of consumption, and the degradation of lands have led to a rampant increase in environmental problems like soil erosion, ozone layer depletion and rise in levels of air pollution. Recent instances of forest fires in Australia and California have showcased how our illicit practices are causing harm to millions of habitats around the world and are restricting our green cover. It is the result of these practices that a series of zoonotic diseases like SARS, MERS, Ebola, bird flu or COVID-19 have now been unleashed into our eco-system.   As we start thinking of living in the post-COVID world, there are now diverse perspectives on how our cities can respond better to current and future crises. Once the current pandemic is over, life in cities as we know it will change and the changes that will come around will be long-term. A majority of the decision-making in the construction of new cities will now depend on many factors, including how governments and societies respond to the Coronavirus aftermath. Therefore, building a course towards more sustainable lifestyles has now become imperative for us. It is the impact of the ongoing pandemic which has made it certain that we change our approach to work and lifestyle, wherein we undertake long term initiatives for environment conservation and focus towards creating communities that are better, stronger and provide eco-friendlier solutions for the future.What is the need of the hour and way forward?The vision for the future of development and environmental conservation will require a radical transformation of our current infrastructure systems. Conservation of energy and water, proper waste management and sanitation should now be the basis of future growth patterns.  In the recent past, planned design and development of our urban landscapes have presented a solution to address the current need gap for the adoption of sustainable living and has showcased its ability to foresee and accommodate the future requirements of cities and their urban dwellers. Investments in planned urbanisation have been found to not only improve the quality of life of the citizens but can also be a huge contributor to the environment. Today, leading Indian realtors have transitioned towards building smart and self-sustaining projects which comprise a wish-list of infrastructure and services which cater to the aspirations and needs of today’s customer. This rise in sustainable projects have ensured that developers make structural modifications in their new builds such as re-distribution of airflow and oxygen supply and implanting elements for quick absorption of carbon dioxide in their properties which will not only enhance hygiene and health of the customers, but will also reduce the overall carbon footprint of the property.  Moving beyond the traditional practices of environment conservation like solar power for lighting up of common areas, rainwater harvesting, recycling and reusing water for flushing or landscapes, wet and dry waste segregation, these properties ensure that traditional practices co-exist with modern technologies.  With the inclusion of the eco-village practices, such as provision of energy-positive homes, doorstep high-yield organic food production, use of mixed renewable energy and storage, waste recycling and making use of advanced agricultural technologies that require less land, like aquaponics, hydroponics and vertical farms, these infrastructures are now making sure that a balanced community is the central theme of all the realty projects. Such projects have the capability to not only enable people to live, work, and enjoy a vibrant community life, but can also promote a feeling of self-reliance among its residents in an ecologically aware and sensitive way. Even though the development of self-sustaining communities is still a very niche concept in India, however, the industry is expected to attract interest from both the investors and the buyers. India currently ranks second, just after the US, in terms of the number of green technology projects and built-up areas. Post the COVID-19 crisis, this holistic construction approach is here to stay as a sector that promises incredible growth for many years to come since it encourages interdependence and shared responsibility among stakeholders in building value chain. However, what is certain is that we will witness changes that will be for the long term and hopefully use lessons from this crisis to rebuild and create communities that are better, stronger and provide eco-friendlier solutions for the future.About the author:Lindsay Bernard Rodrigues is the Co-owner and Director at Bennet & Bernard Group.

Next Story
Infrastructure Energy

India urges states to consider nuclear power plants, lists utilities

India’s federal power minister urged states distant from coal resources to explore establishing nuclear-based power plants, in addition to identifying power utilities that could attract investment to support the rising energy demand. This year, the Indian government proposed in its federal budget a partnership with private entities to develop small nuclear reactors, aiming to boost electricity generation from sources that do not emit carbon dioxide. In a government statement, the power minister, Manohar Lal, advised states to consider setting up nuclear power plants at locations where coal..

Next Story
Infrastructure Energy

NTPC Green Energy sets price range for $1.2 billion IPO

NTPC Green Energy announced a price range of Rs 102 to 108 per share for its upcoming Rs 100 billion initial public offering (IPO). The renewable energy company’s IPO will open for bids on November 19 and close on November 22, with large "anchor" investors scheduled to bid on November 18. This IPO, a unit of the state-owned NTPC, is set to be the third-largest stock offering in the country this year, following those of Hyundai Motor India and Swiggy. Recent technological advancements have opened up possibilities for small wind turbines to function effectively in urban settings. Ministry of N..

Next Story
Infrastructure Energy

India considers small wind turbines for urban energy access

India’s carbon emissions are projected to increase by 4.6 per cent in 2024, accounting for 8 per cent of global emissions, as reported by the Global Carbon Project in its 2024 Global Carbon Budget. The report shows that global fossil CO2 emissions have reached a record high of 37.4 billion tonnes this year, marking a 0.8% per cent rise from 2023. When combined with emissions from land-use changes, including deforestation, the total CO2 emissions are expected to hit 41.6 billion tonnes, up from 40.6 billion tonnes in 2023. India’s rising emissions reflect an increasing demand for energy, w..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000