Tardeo Most Expensive Luxury Residential Location; Delhi Beats Mumbai In Most Liveable Cities Ranking!

Tardeo Most Expensive Luxury Residential Location
Tardeo Most Expensive Luxury Residential Location

EIU has done the Global Liveability Index study to access which locations around the world provide the best and the worst living conditions. In which Tardeo in Mumbai has emerged as the most expensive luxurious residential location in India. While Delhi slides down by 6 places compared to its earlier ranking.

Contents

Who Is EIU & How Does It Ranks?

The Economist Intelligence Unit (EIU)  is a British business within the Economist Group providing forecasting and advisory services through research and analysis. They have come up with the Global Liveability Index. This rating quantifies the lifestyle challenges one might face in 140 cities worldwide.

Each city is assigned a score for over 30 qualitative and quantitative factors across five broad categories of Stability, Healthcare, Culture and Environment, Education and Infrastructure. According to the report, each factor in a city is rated as acceptable, tolerable, uncomfortable, undesirable or intolerable.

Who Won The Race?

According to the report, Austria’s capital Vienna Wins the first spot with highest score 99.1, who was in second place last year. Second place won by Melbourne, Australia, who falls down from its no 1 position held for the last seven consecutive years. While Sydney-Australia, Osaka-Japan and Calgary-Canada gained the remaining top five on the list.

Here are the top 10 most livable cities in the world and their scores according to The Global Liveability Index 2019.

Sr NoCity CountryScore
1ViennaAustria 99.1
2MelbourneAustralia 98.4
3SydneyAustralia 98.1
4OsakaJapan 97.7
5CalgaryCanada 97.5
6VancouverCanada 97.3
7TokyoJapan 97.2 tie
7TorontoCanada 97.2 tie
9CopenhagenDenmark 96.8
10AdelaideAustralia 96.6

How Did India Perform In The List?

India’s political capital Delhi has slide 6 spots down in the list. The pollution and other unfavorable conditions have pushed its ranking down to 118th position with an overall score of 56.3 according to the survey.

Mumbai also has fallen by two places and is now ranked at 119th position with an overall score of 56.2 in this index. 

The reason behind this decline is its downgrade in the cultural score while in the case of delhi it is because of a downgrade of the cultural and environmental score. The score between 50-60, which is applicable to India, indicates constrained liveability conditions. The overall low-performance demonstration can be caused due to climate change effects and abuses against journalists in recent years.

Reasons For Low Ranking

According to the report “This year, we also note the demonstrable impact of the effects of climate change on liveability. Several cities, such as New Delhi in India and Cairo in Egypt received substantial downgrades on their scores owing to problems linked to climate change, such as poor air quality, undesirable average temperatures and inadequate water provision”

They also informed that “an escalation in abuses against journalists in recent years” in India, causing a decline in the country’s ranking in Reporters Without Borders’ Press Freedom Index. So India now placed in the bottom quartile of the countries.

This study also shows that Asian cities have overall scored slightly below the global average. The cities are Port Moresby in Papua New Guinea ranked 135th, Karachi in Pakistan ranked 136th and Dhaka in Bangladesh ranked 138th are among the ten least liveable cities globally.

According to Agathe Demarais, EIU’s global forecasting director, “We expect problems relating to climate change to put increasing pressure on liveability scores in the coming years and for the number of cities affected to grow. In recent years liveability has generally been rising, thanks to improvements in stability and better education and healthcare provision in cities within emerging markets. But these improvements are under serious threat from an increasingly adverse climate,”

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