The Role Technology In Sustainable Real Estate

Abstract

The integration of technology in real estate has revolutionized sustainable development, promoting energy efficiency, resource conservation, and environmentally responsible construction practices. Smart building technologies, such as IoT-enabled sensors, AI-driven energy management systems, and green building materials, are reducing carbon footprints and optimizing resource utilization. Digital innovations like Building Information Modeling (BIM) and blockchain enhance transparency, efficiency, and lifecycle sustainability in property management. Additionally, advancements in renewable energy solutions, such as solar panels and smart grids, further contribute to sustainable real estate. This paper explores the transformative role of technology in fostering environmentally friendly real estate practices, ensuring long-term ecological and economic benefits. Digital twin technology and blockchain-based ESG reporting further enhance efficiency and transparency in sustainability practices. By leveraging these technological innovations, the real estate industry can significantly reduce its carbon footprint and promote the development of net-zero buildings and smart cities. This study highlights the importance of integrating technology into real estate to achieve long-term environmental and economic sustainability.