InsuranceIndia's extreme weather-resilient real estate sees insurance benefits
Properties built for a changing climate increasingly enjoy favorable premiums
Mahindra World City, an Indian Green Building Council-certified development, is located next to Lake Kolavai, and its master plan considers this a natural asset, as it can be leveraged for water management during calamities. (Photo by Mahindra Lifespace Developers)
RAJASTHAN, India -- India's climate change-linked extreme weather events are having a greater impact on the country's real estate, and consequently the cost of insuring properties. That's opening the door to more resilient building designs as businesses and property owners seek to head off increases in premiums, which are set to only rise further as impacts intensify.