Horticulture’s Impact on Real Estate
Whether it's planting a tree, starting a small garden, or adopting eco-friendly practices at home, every effort counts. Together, we can create a world where green living is the norm, not the exception. In today's real estate landscape, horticulture and landscaping have transcended their traditional roles to become the cornerstones of creating distinguished, sustainable, and high-value properties. No longer mere adornments, strategically designed landscapes have become essential elements in crafting communities that embody ecological mindfulness and well-being. The Green Advantage Horticulture, the art and science of plant cultivation, plays a crucial role in elevating real estate projects' value propositions. Its importance stretches beyond aesthetic enhancement; it is vital for disaster management and ensuring that developments are in harmony with the geographical orientation of the region. A well- designed landscape can mitigate the impacts of natural disasters such as floods, landslides, and heatwaves. The careful selection and placement of trees and plants can help control soil erosion, improve air quality, and regulate temperatures. By integrating green infrastructure, real estate projects create a buffer against adverse weather conditions, protecting both properties and residents. Prioritizing horticulture and landscaping from the outset not only offers a higher quality of life but also contributes to long-term environmental sustainability and resilience. Strategic Landscaping Developers must invest in detailed research reports on land, soil, terrain, topography, and weather before designing landscape blueprints. Certified horticulturists should be included in planning native or indigenous plantations, adhering to urban development laws. Integrating green spaces within urban developments acts as a natural air purifier, promotes biodiversity, and reduces urban heat islands. Conscious efforts by real estate developers, in conjunction with regulatory bodies, should prioritize landscaping and horticultural activities to build green, self-sustaining utopian cities. Government Framework India’s regulatory framework emphasizes the importance of horticulture in real estate. The National Environmental Policy (NEP) aims to integrate environmental principles into all development activities, demonstrating the nation's commitment to climate-conscious development. The Ministry of Environment & Forests (MoEF), along with pollution control boards and municipal corporations, has issued comprehensive policies for sustainable real estate development. Sustainable Development Perks Sustainable development in real estate offers numerous benefits, both environmental and economic. One significant advantage is the considerable reduction in energy consumption and carbon footprint, which is crucial for combating climate change. Sustainable buildings are designed to maximize natural light and ventilation, incorporate energy-efficient systems, and utilize renewable energy sources like solar panels and wind turbines. These features not only reduce utility bills for occupants but also lessen the strain on local power grids. Moreover, green buildings often include advanced water conservation measures such as rainwater harvesting, water recycling, and efficient plumbing systems. Fiscal Incentivization To promote sustainable development, state governments and municipal corporations have rolled out various fiscal incentives, such as property tax waivers, income tax benefits, accelerated depreciation, and rebates. These incentives will continue to encourage real estate developers to opt for green building certifications and adhere to environmental regulations, securing a sustainable and economically rewarding future. Hiranandani’s Green Legacy At the forefront of this green revolution is Hiranandani Communities, a pioneer in embedding horticulture into real estate projects since its inception. The Hiranandani Group is celebrated for its environmental stewardship and visionary sustainable development. Various planned residential townships in Mumbai, such as Hiranandani Gardens in Powai, have integrated expansive green spaces and horticultural elements into their planning, in compliance with municipal regulations. These townships boast active flora and fauna, rich biodiversity, and serene surroundings, enhancing both aesthetic appeal and property valuation. An in-house team of expert horticulturists plays a crucial role in envisioning and achieving future-conscious living in harmony with nature. We urge all real estate industry stakeholders to adopt green development practices and contribute positively to India’s climate-conscious goals. Let us lead the way toward sustainable living!
Tags : horticulture real estate green spaces green building horticulture in real estate climate-conscious development sustainable real estate development Sustainable buildings sustainable development Hiranandani