Coverage of
environmental liabilities can make the difference between a successful or
failed real estate investment. Though Delhi is making headlines for increased level of
pollution, Bangalore is no less.
It is one of the prime cities in terms of
environmental degradation due to high pollution levels. Increased levels of
immigration due to growing opportunities in IT/ITeS sector has bloated the
population of the city causing more vehicle ridership and thus pollution levels.
As per Numbeo (user contributed database of perceptions), the city while have
low score for quality of air, water and recreational spaces, the city have
recorded high levels of pollution (with a pollution index above 80) supported
by WHO data indicating very high air pollution levels .Because of these
pollution factor real estate market is also going down in mid of city .Instead
people start investing in property for sale in Bangalore far from central Bangalore.
Some of the most polluted
micro-markets in the city to be noticed are mentioned below.
Silk
Board Junction
Silk Board Junction acts as a
gateway to the IT corridors in the East (Marathalli, Kadubeesanahalli and
Bellandur) along with the Southern corridor (Hosur Road) towards Electronic
City. Immense traffic driving in both the directions create a traffic chaos and
congestion resulting in heavy pollution.
Whitefield
Apart from the contribution of
employee ridership to the IT/ITeS companies, there is a huge footprint of
industrial establishments in Whitefield region such as Graphite India Ltd which
have been a major source of graphite soot into the atmosphere increasing
pollution levels. Not just the employees, even daily commuters, residents and
traders in the vicinity of GIL are suffering.
Victoria Road
Under the National Ambient Air
Quality Monitoring Programme taken up by KSPCB, DTDC House area on Victoria
Road has overshot the permissible limit by 170 per cent. The Central Silk Board
area on Hosur Road RSPM (Respirable Suspended Particulate Matter) levels are
higher than the permissible level by 215 per cent.
All the aforementioned areas are
blooming residential real estate markets in the city. Several youngsters
working in and around these areas have bought an apartment in the vicinity while there are
denizens who are planning to buy. Thus, it is high time that the government
wakes up from its deep slumber and do something about protecting the
environment.
Well and informative content given about 3 Most Polluted Areas In Bangalore. Thanks for provide this information here about this blog.
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