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It’s not just the world or your neighbour; real estate is also going green in multifarious ways.
Breathe Easy: The latest parameter for the industry is indoor air quality (IAQ) and developers are already revamping their business plans as you read this. Surprisingly, awareness has increased considerably about the connection between wellness and IAQ, and the need for greener living and working spaces.
The UAE’s National Air Quality Strategy (2021-31) is the beginning of many such radical developments to come worldwide, exploring technologies for superior IAQ, lower emissions and pollutants.
What’s shining the spotlight on IAQ?
Fyi, ensuring higher IAQ goes far beyond conventional green building blueprints.
It necessitates air quality best practices, smarter technologies, home tracking and automation systems such as IoT sensors and software to monitor IAQ periodically.
Some of the biggest drivers of this new paradigm:
1️⃣ With most people spending time indoors at home or work, there is widespread awareness and demand for better health standards. Buyers are increasingly seeking developers offering environment-friendly and sustainable solutions.
2️⃣ Occupiers need assurance, especially after COVID-19, that they are breathing healthy air indoors - free from pollutants, pathogens, etc.
3️⃣ Real estate is already striving to reduce carbon emissions with technologies and sustainable measures. Developers are more inclined towards ensuring better living standards for customers and IAQ is a part of this shift.
What lies ahead?
💰 More investments in enhancing IAQ and smarter technologies.
📈 Higher long-term returns on investments in sustainable properties, along with better occupant health standards.