The water crisis poses risks to both ongoing construction and completed properties. Developers face disruptions and increased costs due to water shortages, while excessive rainfall can damage properties and reduce their value. Research shows that flood-prone areas in Mumbai recorded property price discounts of 12.6% to 15% compared to lower-risk areas. Rapid urbanisation exacerbates these issues by reducing natural drainage and increasing water demand. Institutional investors are now prioritising water resilience in their assessments, as properties dependent on unreliable water sources or inadequate drainage may struggle to maintain value.