Real estate development is currently experiencing record making expansion due to the increasing demand of the real estate properties. A significant number of individuals and families want to own a residential house, business premises, and even entertainment premises. The industry is currently shifting towards sustainable real estate development. Here are some of the standard practices that entail sustainable real estate development.
Energy Conservation
Apparently, the cost of energy is increasing on a daily basis and almost every person who owns a house, even a single room is complaining about the sky-rocketing energy costs. Real estate developers want to solve this problem by building homes that can conserve energy. This is currently done using solar panel roofs which taps and converts light energy into electric energy that can be used in the building hence minimizing the need for electricity supply in such properties.
Indoor Air Quality
The quality of the air inside a house is an essential factor in the development of modern homes and other real estate structures. Most of the houses are made in such a way that they can allow free circulation of fresh air while at the same time removing hot air through ventilation. Walls are also made using materials that conserve conducive temperatures regardless of the outside conditions which eliminates the need for a heater or air conditioner in the house.
Water Conservation
Sustainable real estate practices are coming up with structures that have a self-sufficient water supply. This strategy involves harvesting most of the rainwater and storing it in large storage tanks which are either stationed on top of the building or below the ground. This water is used in cleaning, feeding animals, watering plants, and other domestic purposes. This has eliminated the need for water supply agencies, which charge high commission depending on the water consumed.
Waste Management
As urban centers struggle with solid waste management, sustainable real estate development has established competitive and robust solid waste management strategies. One of the sustainable methods is using solid waste as a land-filling material with the aim of making all the land within the property even. On the other hand, instead of draining liquid waste, some sustainable strategies are helping in recycling water so that it can be used several times before it is finally released to the drainage system.