Chennai, being a port city and home to major automobile companies, has been witnessing tremendous economic growth. In the last few years alone, a slew of IT/ITeS companies have opened in the suburbs and business is booming. These companies are now hiring aggressively and attracting a considerable pool of skilled labour to the area. To meet this growing demand for housing, many real estate developers have developments in place ranging from luxury properties in Shollinganallur to more affordable properties in places like Thalambur.
However, pushing back against this meteoric growth of the city are long waits for water tankers and failed rains. It’s a hard-hitting reality that the immense economic development has taken its toll on the natural resources of the city.
The Water Situation in Chennai
When four water sources that supply water to Chennai ran dry, residents’ struggled to find water. Struggle for an essential commodity like water is sometimes unfathomable for an outsider. However, it is undeniable that the water crisis might deter future homebuyers before buying a house in Chennai.
With the water issues in mind, many Indian real estate forerunners are coming up with ideas to make their properties green. Not only residential properties but also IT parks, hospitals, schools and any commercial building can be designed as a green building. Several Indian Green Building Council certified (IGBC) buildings are springing up in the city paving the way for more. Green homes are the solution for a sustainable planet and especially for a city that suffers from water problems.