Published Paper Details:

Indian cities are witnessing immense demographic expansion due to migration from surrounding villages, leading to urban sprawl, housing demand, rise in cost of land. Housing has developed into an economy generating industry. Given this demand, while high-rise residential structures have become a solution in the metropolitan cities due to urbanization. The residential industry consumes lot of energy and materials and impact the environment. By sustainable development we meet the needs of the present without compromising the future generation needs and also reduce the negative impacts from the building. Where in the evidence from the literature highlights the incorporation of this will increase the cost of Construction. As the Present real estate scenario is sluggish, from the real estate perspective to optimize the construction cost the sustainability developments is given the least priority. The need for the study is to understand the incremental cost towards the Sustainability design features spent on a High-Rise Residential Group development in a Real estate Perspective in Chennai.