Innovation

According to Mr. Gaur, the Business Unit Head of Adani Realty, sustainability at Adani Realty starts from the beginning, or the stage where they're designing their buildings. Here's what we found most interesting about their innovations:

● Design Elements: Adani Realty is smart about building design. They ensure building interiors receive lots of natural air and sunlight. This means people don't need to use as much AC or artificial light. It's clever how they use these passive design techniques to make buildings more comfortable while minimizing energy consumption.

● Material Selection: Instead of conventional materials like wood and cement, Adani Realty uses materials like aluminum frames, fly ash bricks, and steel. These materials can be recycled, and they're as strong as traditional materials, so the integrity and structure of the building are not compromised.

● Advanced Technologies: Adani Realty uses construction methods called precast and prefab (prefabricated) that create less waste and pollution. These methods also help them finish projects faster, which is a win-win.

In their township projects, they've installed centralized cooling systems that use significantly less energy than regular air conditioners. It shows they're serious about finding new ways to make living spaces more sustainable.

Inspiration

Mr. Gaur's passion for sustainability really comes through when he talks about building a better future for the coming generations. His journey from HR to becoming a Business Leader taught him how important it is to be adaptable and have a clear vision.

His emphasis on walking the talk was striking: "We ensure our commitment to sustainability not just through words but through action." This shows how Adani Realty is committed to being transparent and community-focused.

We found his perspective on change interesting. He believes, "change is driven by need," and stresses the importance of getting everyone on board with the same vision to achieve sustainability goals. His leadership style is all about making people feel responsible for their part of the sustainability vision.

Overall impact

Adani Realty supports several UN Sustainable Development Goals:

● SDG 8 (Decent Work and Economic Growth): Adani Realty has great worker welfare programs. Mr. Gaur mentioned that before starting any project, they establish proper labor colonies with basic facilities like daycares, hospitals, and places for recreation. They're trying to make sustainability part of their workers' mindset by creating a “need” for sustainability in their minds, according to Mr Satyendra Gaur.

● SDG 11 (Sustainable Cities and Communities): By designing eco-friendly buildings and including green spaces, they're helping create healthier urban environments.

● SDG 12 (Responsible Consumption and Production): They use recyclable materials and technologies that reduce waste. For example, their precast materials cut construction waste by up to 30%. Mr. Gaur pointed out that all their projects are "Green Certified," which is impressive.

● SDG 13 (Climate Action): Everything they do considers sustainability. From energy-efficient designs to using renewable energy and low-carbon materials, they're working to reduce their carbon footprint and fight climate change.

Additionally, Adani Realty targets affordable housing and supports underprivileged communities' access to quality sustainable living environments. It brings about a quality-of-life change, thereby promoting economic inclusion. For example, one of its future projects aims to reconstruct Dharavi, which is one of the biggest slums in the world. This shows its contribution towards supporting underprivileged communities.

Business benefit

Adani Realty's innovations in energy-efficient homes and advanced technology implementation have generated substantial business benefits. The company has seen increased revenue through premium pricing for energy-efficient properties, with homebuyers willing to pay 10-15% more for homes that promise lower utility costs. By positioning itself as a sustainable developer, Adani has also accessed new market segments, particularly environmentally conscious buyers and investors focused on ESG criteria.

The technology-driven approach has strengthened Adani's workforce capabilities and employee retention. By training employees in advanced construction technologies and sustainable building practices, the company has created a skilled workforce with specialized expertise. This has resulted in improved employee retention rates, with technical staff turnover decreasing by approximately 25%. Additionally, the focus on innovation has attracted top talent, helping Adani expand its technical team by 30% over two years. The company's commitment to sustainability and technology has also opened new investment opportunities, particularly from green funds and technology-focused real estate investment trusts, diversifying its funding sources and strengthening its market position in the premium real estate segment.

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Social and environmental benefit

Adani Realty's innovations have led to multiple positive environmental and social implications:

● Environmental: The changes led to reduced energy consumption and lower levels of greenhouse gas emissions while conserving natural resources. Examples of this include projects involving green roofs and rainwater harvesting, which enhance biodiversity and help in the preservation of water.

● Social: Residents' quality of life improved, green space has increased, and a robust labor welfare program was developed. Additionally, facilities like hospitals and recreational areas help improve the well-being and productivity of the workers.

Interview

Satyendra Gaur, Business Head- Adani Realty

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