Ways in Which Climatic Conditions Impact a Property Sale

India is a vast country and experiences different climatic conditions from tropical summers, chilly winters, and heavy monsoons to everything in between. The entire country has been divided into diverse weather conditions and has a high impact on the livelihood of the people in different zones. Not just that, climate change has a greater impact on infrastructure, transportation system, food, water supplies and energy as well.

In fact, the climatic situation of a place has a bearing on its property sale as well. Citizens of India often go through calamities that are the result of the extremities of the weather, which makes living a real challenge. Cities like Bangalore, Mumbai and Ranchi goes through water logging issues during monsoons, where heavy downpours make the rainwater channel away from houses but get stagnant in paved areas and roads.

Natural calamities also have an adverse impact on construction sites that have to bear huge material losses and face unnecessary delays in the project plan. In other words, places that are prone to floods and droughts, the site remains uninhabited for several years to come.

According to a report – June 2005 floods in Mumbai brought the livelihood to a standstill and badly affected the residential and commercial projects. Consequently, the home buyers had to postpone their investment, until the monsoon period was over. This also brought fall in rent price, in low-lying and flood-prone areas in Mumbai.

Places near the coastlines are at a greater risk of storms. Chennai’s Cyclone Vardah is the best example of the storm which destroyed many houses, disrupted power services, and uprooted the trees. Many popular builders across the city got alerted about the pertinence of safeguarding buildings against seepage and flooding.

Flood, heavy rainfall and drought are not the only reasons for depreciation in demand for property. In fact, hot and humid places are also losing their worth because of increasing instances of water scarcity issues. Heat waves and extreme weather condition reduces the air quality and intensity of which a building might not withstand. People may avoid settling to such areas. As a result, more and more developers are adopting the concept of Green building or Sustainable home, which reduces the external impact on the building.

Tips to develop all-weather sustainable homes:                                             

  • Powerful incorporation of seepage and flooding space.
  • Smart technologies to conserve, reuse and reduce waste.
  • Fixing heat-deflecting windows to regulate indoor climate.
  • Installing solar, wind and geothermal-based technologies such as electricity panels and water heaters to reduce artificial energy and light.
  • Using biodegradable and free of toxins materials during constructions to avoid harmful external effects on the building. Straw bales, Grass Crete, Hemp Crete, Bamboo, Recycled Plastic, Wood, Mycelium, and Ferrock are best examples of sustainable materials that can be reused or recycled whenever required!

Climatic changes will take place over various periods of time, but power installation using modern technologies can have a longer durability in buildings to counter these changes. The constant focus should be on taking appropriate measures in the event of extreme weather conditions.

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