Zerodha co-founder Nithin Kamath has reignited the debate on whether real estate prices should be linked to air quality. In a post on X, Kamath suggested that property prices should decrease in areas with poor air quality, given the associated health risks.

"Shouldn't property prices be linked to AQI? The higher the AQI, the lower the real estate prices should be. That means if an area has poor air quality, property prices and rents should be lower, and vice versa. After all, by living in such areas, you are accepting higher odds of respiratory ailments, cancer," he wrote.

Kamath also shared insights from his interaction with age-reversal entrepreneur Bryan Johnson, who initially believed air pollution was limited to Delhi during winter. The conversation took place on Nikhil Kamath's WTF podcast, recorded in a sea-facing Bandra apartment where the indoor AQI exceeded 160.

"If the AQI was this high in Bandra, just imagine the levels in the more crowded parts of the town. Later, I got an AQI meter for our office in J.P. Nagar—a quiet corner of Bengaluru—and was shocked to see it reading 120+. Again, imagine how much worse it might be in the busier parts of the city," Kamath noted, highlighting the impact of construction dust and poor roads.

Kamath pointed out that in the US and Europe, AQI levels typically remain below 50, whereas long-term exposure to poor air quality in Indian cities poses significant health risks.

"This has bothered me ever since. Everyone should have equal access to clean air. With water, you can use a filter to ensure decent quality. But what about air? We seem to have gotten used to the fact that air pollution is just a part of life, and we're okay with breathing low-quality air even though clean air is a fundamental right granted to citizens by the Constitution," he added.

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