siliconindia | | DECEMBER 20208HOW ARE TECHNOLOGY AND SUSTAINABILITY AFFECTING ASSET VALUATIONS IN INDIA?By Munish Baldev, Founder and CEO, J.S Martin & Co.ne of the most pressing issues of the day is cli-mate change and how it leads to the melting of ice, extinction of species, and ozone layer depletion. Real estate is fundamental to urban development that consumes physical assets and is critical to increasing carbon footprints. Similarly, it is fundamental to the objective of making a naturally economical future. It is evident how real es-tate is answerable for over 20 percent of the world's car-bon emissions and for other ecological effects, including waste creation, contamination, utilization of water and other natural resources.Many industries are reacting differently towards the situation and making choices that in return maintain a social, economic, and ecological balance of sustainabili-ty. Real estate is no different. But what makes real estate distinctive is the way how today's customers as well as investors factor technology and sustainability into asset valuation.Traditionally innovation and sustainability appear to be fundamentally unrelated. The variables that drive them are inconsequential. One is driven elements such as Internet of Things, Artificial Intelligence (AI), and me-chanical learning, all encouraging to change global man-ufacturing, supply chains, and more. However, it's about efficiencies. The other is driven by a mix of climatic and environmental exploitation, all of which requires a new methodology that leads asset protection and ecological administration -- and improved endeavors to de-carbon-ize the environment.Organizations progressively perceive that it will be difficult to satisfy the world's developing need for items and administrations absolutely through a direct increment in my opinionOMunish has 23+ years' experience in real estate, where he has excelled in executing projects in construction, mall management, retail leasing, integrated marketing, communication, brand building, and capitalizing space for leased retail.Munish Baldev
< Page 7 | Page 9 >