Wellness real estate company, Delos, has joined hands with Knight Frank India to incorporate wellness technologies and promote healthy buildings in the country, which has 14 of the 15 most polluted cities in the world.
Wellness real estate promotes buildings proactively designed and built to support the holistic health of their residents by incorporating natural elements like lighting and fresh air. Globally, this opportunity is pegged at $134 billion. “This initiative will ensure that ‘people’ experience an enabling environment, keeping their physical and mental well-being in focus,” Shishir Baijal, Chairman and Managing Director, Knight Frank India, said at a press conference today.
Knight Frank India has signed an MoU to extend Delos technology and product offerings in India, including the DARWIN (Delos Automated Residential Wellness Intelligence Network) platform that utilises Delos’ cloud-based algorithms and sensor technologies to enhance health and mitigate harmful indoor environmental concerns.
Knight Frank will promote the technology in the Indian real estate ecosystem. “The opportunity in India is massive. Both existing and new buildings can benefit from wellness real estate,” Delos CEO and Founder, Paul Scialla, said.
Knight Frank will also promote the WELL Building Standard for commercial properties. WELL is a performance-based system for measuring, certifying and monitoring features that impact human health and well-being in the built environment. Administered by the International WELL Building Institute (IWBI), WELL is a certification by Green Business Certification Inc. (GBCI). “Globally, there are over 5,000 WELL accredited architects, engineers and other stakeholders in the real estate ecosystem. We will see them in India also now,” Scialla added.