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A STUDY ON THE FACTORS CONSIDERED BY BUYERS WHILE PURCHASING ECO-FRIENDLY HOMES

📘 Volume 7 📄 Issue 7 📅 july 2021

👤 Authors

Mrs. Sanjeevani Pandey 1
1. Asst.Professor, Management, 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 â??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 â??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.

🔗 DOI

View DOI - (https://doi.org/10.36713/epra7904)

📚 How to Cite:

Mrs. Sanjeevani Pandey , A STUDY ON THE FACTORS CONSIDERED BY BUYERS WHILE PURCHASING ECO-FRIENDLY HOMES , Volume 7 , Issue 7, july 2021, EPRA International Journal of Multidisciplinary Research (IJMR) , DOI: https://doi.org/10.36713/epra7904

🔗 PDF URL

https://cdn.eprapublishing.org/article/711pm_121.EPRA JOURNALS 7904.pdf

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