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ARTICLE · 10 APRIL 2024

Real Estate Prosperity Only Through Radical Decarbonisation

Shardul Amarchand Mangaldas & Co
Shardul Amarchand Mangaldas & Co
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Shardul Amarchand Mangaldas & Co

Shardul Amarchand Mangaldas & Co

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There is an urgent, crucial need for a more efficient approach to reducing carbon emissions in buildings. This approach has the potential to drive real estate portfolios towards achieving net-zero emissions...

IndiaReal Estate and Construction

There is an urgent, crucial need for a more efficient approach to reducing carbon emissions in buildings. This approach has the potential to drive real estate portfolios towards achieving net-zero emissions while generating positive financial returns. Despite facing significant challenges, the real estate sector adopting a faster and more cost-effective strategy is crucial for accelerating efforts to combat industry global warming.

Real estate companies face challenges and encounter substantial obstacles to their decarbonisation efforts. These include perceived difficulty, high costs and a lack of centralised information across portfolios. Traditional methods involving labour-intensive physical audits and individualised net-zero plans have proven slow, costly and lacking in scalability. This casts doubt on the financial feasibility of achieving carbon neutrality. However, technological advancements in data and analytics offer a promising solution.

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