Garbage dump fire chokes residential zone in Perumbakkam
The article discusses how apartment buyers pay more for higher floors due to better views and perceived air quality, a factor especially important for families with members suffering from respiratory conditions. It introduces the concept of floor rise charges (FRC), which increase the cost of units on upper floors. However, environmental factors like nearby garbage dump fires can undermine the assumed benefits of elevated living spaces.
- ▪Apartment buyers often pay more for higher-floor units due to floor rise charges (FRC).
- ▪Higher floors are preferred for better views and perceived improvements in air quality.
- ▪Families with members who have respiratory conditions like COPD may prioritize upper-floor units for health reasons.
- ▪Proximity to pollution sources, such as garbage dump fires, can negate the air quality benefits of living on higher floors.
Opening excerpt (first ~120 words) tap to expand
In apartments, buyers pay not only for a living space, but also for its relative attractiveness. How it compares with the other spaces in the apartment matters; its relation to the surrounding environment, the one outside the community, is also of significance. Pardon the real-estate jargon, the cost gets bumped up on account of floor rise charges (FRC). The farther you leave terra firma behind and the closer you get to the skies, the greater the amount you pay for the living pad. The view from the higher floors can be arresting. The promise of better air quality can tip the scales in favour of a higher-floor dwelling unit when it concerns a family that has a senior with COPD or any other respiratory problem.
Excerpt limited to ~120 words for fair-use compliance. The full article is at News Today: Breaking News, Top Headlines & Live Updates | The Hindu.
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