Nithin Kamath, a prominent real estate analyst, highlights the growing concern of urban pollution in major Indian cities like Delhi, Mumbai, and Bengaluru. Despite seeing a surge in luxury real estate, these cities struggle with alarming levels of air pol
Real EstateUrban PollutionLuxury HomesAir QualitySustainable DevelopmentReal Estate MumbaiFeb 24, 2025
Nithin Kamath highlights the growing concern of urban pollution in major Indian cities like Delhi, Mumbai, and Bengaluru, despite the surge in luxury real estate developments. The main concern is the coexistence of luxury homes and toxic air, which poses significant health risks to residents.
Delhi, Mumbai, and Bengaluru are facing some of the most severe air pollution issues in India. Delhi is often considered the most polluted city, followed closely by Mumbai and Bengaluru, where air quality has declined due to rapid urbanization and industrial growth.
Prolonged exposure to polluted air can lead to various health issues, including respiratory diseases, cardiovascular problems, and other ailments. Children and the elderly are particularly vulnerable to these health risks.
Nithin Kamath suggests a multi-faceted approach to address the urban pollution paradox. This includes stricter regulations on industrial emissions, better urban planning, the promotion of green building practices, and greater public awareness and engagement.
Sustainable development plays a crucial role in resolving the luxury homes and toxic air paradox. By adopting sustainable construction methods, integrating green spaces into projects, and promoting ethical practices, developers can help mitigate the environmental impact and improve the quality of life for residents.
Mumbai is set to get a central park of international standards, a project that will transform the city's landscape and provide a green oasis for its citizens.
The Union Budget has proposed a reduced LTCG tax rate of 12.5% on immovable property sales, effective 23 July 2024, while eliminating indexation benefits. Understand how this change affects your property investments.
China's property stocks surge as cities relax homebuying rules, boosting sales in first-tier cities like Beijing and Shanghai.
Domnic Romell, President of CREDAI-MCHI, highlighted that MahaRERA's initiatives set a strong precedent for enhancing transparency in the real estate market, benefiting both buyers and sellers.
Haryana Real Estate Regulatory Authority (Haryana RERA) orders Raheja Developers to pay interest to a homebuyer for delayed possession.
Delhi-NCR leads the luxury homes market, with a notable shift towards luxury developments in mid-end cities like Noida, Bengaluru, and Pune.