A STUDY ON THE FACTORS CONSIDERED BY BUYERS WHILE PURCHASING ECO-FRIENDLY HOMES
Mrs. Sanjeevani Pandey
Asst.Professor, PIBM Pune University
Abstract
Home buying is a very thought-intensive process that entails several factors like budget, locality, amenities, commutation & communication facilities etc. Lately, along with these factors, there has been a sought after “Environmental Friendliness & Sustainability of Homesâ€. People have started looking for properties that are built with a eco-friendly approach, such that it gave rise to a new niche of homes in the arena of homebuying called “Eco-Friendly Housesâ€. An Eco-Friendly House, or an Eco-House as it is called, is basically a low-impact & environment friendly construction built with the intent of lessening pollution, reducing the carbon footprint, & thus global warming contribution, of the property, & having a sustainable endurance.
To study the factors that influence purchase of Eco-Houses, 478 eco-home buyers were interviewed, out of which the researcher with 430 respondents, conducted an empirical study using percentage analysis as a statistical tool and concluded that there are various factors affecting the selection criteria out of which the most effective ones are features of eco-homes like solar energy plants & wind turbines, rainwater harvesting, planting trees & saplings all across the premises of then property.
Keywords:
Journal Name :
VIEW PDF
EPRA International Journal of Multidisciplinary Research (IJMR)
VIEW PDF
Published on : 2021-07-27
Vol | : | 7 |
Issue | : | 7 |
Month | : | July |
Year | : | 2021 |