The growth of a country’s real estate industry could indicate the direction which a nation’s economy is heading for a financial year. Rather than getting too technical with finance and economics, we can decipher that good business in the real estate industry points towards rising customer interest. This might also tell us about the positive flow of capital and impressive liquidity in a calculated timeline. So, it is of utmost importance to put the best minds in ensuring the growth of the Indian real estate industry.
The editorial at Business Outreach Magazine brings its highly coveted 40 under 40 2025 Edition, where we take it as a priority to feature entrepreneurs whose ideas and vision are creating an impact for the business ecosystem of India. Tejas Chavan has spent over two decades in the real estate industry and shares with us that he cannot stress enough the urgency of incorporating sustainable development into this space. He has been doing impeccably with Green Spaces, Grape County Eco Resort and Viveda Wellness Village.
It is empowering to portray Tejas Chavan as an environmentalist and a social activist who perceives climate change as a rising concern. Since its inception in 1985, Green Spaces has been a transformational catalyst in fostering ecological integrity and community-first principles. Our editorial pen exudes an invaluable elation while mapping Tejas Chavan’s entrepreneurial vision through Green Spaces, which is more than just a commercial success, but also a symbol of ecological equity.
Under the leadership of Tejas Chavan, Green Spaces highly focuses on wellness and eco-conscious living. Looking into the beautiful setting of the Grape County Eco Resort, Tejas’s advocacy towards sustainability stands at a supreme degree. The award-winning eco-retreat boasts of landscapes with its plantation of about 52,000 native trees and the elimination of single-use plastics. Tejas Chavan is the man who detests any idea that fails to collate residential living with a connection with nature. The entrepreneur shares that his philosophy emphasizes place-based, hyperlocal development, tailored to fit the geography, culture, and communities of semi-urban and rural regions like Nashik and Igatpuri.
There is no other way of putting this, but Tejas Chavan has created countless jobs that involve collaborating with local panchayats, farmers, and artisans which sets an optimistic signal in cultivating both environmental and socio-economic impact. The forward-thinker created initiatives like Hausla and Eco-Pedlars, which have created jobs, supported tribal farming, and reduced carbon footprints by sourcing locally. Chavan clubbed traditional methods with modern, eco-friendly design to bring out projects like Nakshatra Gardens and flowering-tree-themed communities. For the up-and-coming leaders from the sustainable real estate industry, Tejas Chavan has only one thing to say and we believe it encompasses everything. That is to concentrate on building impact rather than chasing the latest trendy approaches. The end user of the product needs to benefit which will imperatively dictate the unshaken success of the entrepreneur. We have Tejas Chavan to lead the way in this case.
Tejas Chavan finds it thought-provoking to notice modern living alienating people from being amidst nature. He fondly recollects memories where he used to enjoy the utmost while walking through lush green landscapes. Ironically, leading magnificently in the real estate sector, the brick and mortar coming out from Tejas’s business model seemed to grow relationships with ecological elements. Tejas adds that in his early career, he was able to learn a lot by experimenting with small sustainable projects, building eco-friendly farmhouses, and educating local communities. As a real estate entrepreneur championing sustainability, Tejas Chavan believes that leadership has the potential to bring meaningful change to society. His approach, as he brilliantly points out, compels us to view leadership as a holistic blend of sustainability, innovation, and empathy, crafting projects that leave a lasting, positive imprint on both people and the planet.
Looking into the education of Green Spaces, Tejas Chavan holds an MBA in Marketing, which equipped his perspective in strategic thinking, business development, and understanding customer needs. He also founded Eco-Drive Youngsters, which is an initiative that inspires youth to actively contribute to environmental conservation and community welfare.
Tejas Chavan said, “Green Spaces, Grape County Eco Resort, and Viveda Wellness Village exist among us to inspire us in creating sustainable living, immersive eco-retreats, and holistic wellness experiences. Green Spaces focuses on eco-friendly homes, organic farming, and environmental consultancy. Grape County Eco Resort blends luxury with sustainability, while Viveda Wellness Village promotes holistic wellbeing.”
Green Spaces has been one of the greatest custodians of sustainable real estate since 1985. They have made projects across Nashik, Vaitarna, Igatpuri, Mhasurli, Waldevi, and beyond. While serving a diverse clientele seeking eco-conscious homes, retreats, and wellness experiences, Green Spaces is defined by services that incorporate luxury, sustainability, and community engagement while fostering local employment and artisan support. Tejas Chavan’s leadership speaks volumes about the reputation that he and his ventures earned over these years. As a leader, he pioneered eco-conscious residential and hospitality projects in Maharashtra, founded multiple NGOs promoting environmental conservation, youth engagement, and social welfare, implemented Green Griha-certified sustainable corporate infrastructure, supported tribal farmers through organic farming initiatives and heritage crop revival and created award-winning eco-retreats that blend luxury with sustainability.
Some of the awards include The Vanashree Award (2015) for his work in forestation and transforming barren lands into green pastures, Vivekananda Award for Sustainability & Biodiversity, Paryatan Mitra Award by Maharashtra Tourism, India Travel Awards – West & South, and accolades in MICE & Wedding Tourism, Green Spaces’ corporate office in Nashik became India’s 7th Green Griha Certified Building and many others. In spite of challenges like shifting mindsets, helping stakeholders, clients, and communities understand that sustainability is not just ethical, but also economically viable, high initial costs, limited awareness, resistance to change, and infrastructure constraints, Tejas Chavan scaled Green Spaces. He says, “Sustainability is not a choice; it is our responsibility to future generations.
