**2.1 A comprehensive analysis of sustainable development theory of sustainable real estate development**

The scholarly discourse surrounding sustainable development interrogates the intricate interconnections among economic proliferation, societal progression, and environmental preservation. Within the vast realm of sustainable development, it provides an intellectual structure for understanding the cardinal principles and overarching objectives of sustainable real estate development. As articulated by Shi et al., [12] sustainable development (SD) has increasingly become a critical strategy for global socioeconomic transformation. Even with its escalating importance, misconceptions persist regarding the practical implementation of the SD theory. These misinterpretations are predominantly evident in the friction between robust and fragile sustainable development methods and the ambiguity distinguishing the concepts of intra-generational and inter-generational justice. This chapter employed an amalgamation of literary surveying, inductive reasoning, and normative analysis methodologies to elucidate the evolutionary trajectory and enhancement of the SD concept and its underlying purposes. These methods augmented a comprehensive understanding of the SD theory, thus fulfilling the outlined objectives. Sustainable development steers businesses like real estate toward ecologically and socially responsible practices. Sustainable real estate development applies this approach to creating and running communities [13]. It promotes resource efficiency, environmental sustainability, and healthy and thriving communities. Sustainable real estate development balances environmental, social, and economic sustainability. Sustainable real estate development reduces carbon emissions, conserves resources, and promotes biodiversity. Renewable energy, efficient building design, green areas, and sustainable landscaping may accomplish this. Sustainable real estate development creates welcoming, livable communities. This includes cheap housing, public transit, and health-promoting features. Sustainable real estate development also prioritizes community involvement to meet local inhabitants' demands. Sustainable real estate development values long-term value generation economically. It recognizes that energy efficiency, tenant happiness, and maintenance savings may result from sustainable practices. Sustainable structures are also more valuable and attract environmentally concerned investors. Various methodologies and certifications, including LEED, BREEAM, WELL, DGNB, HQE, and CASBEE, bolster sustainable development in the real estate sector [14]. These frameworks, derived from industrialized nations such as the United States, United Kingdom, Australia, Germany, France, and Japan, provide explicit instructions for achieving sustainable design, construction, and operation. Although these standards assert their worldwide relevance, they often face constraints in specific local settings,
