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Developers strategies for housing redevelopment in Mumbai
Land is a rare commodity in the city of Mumbai. Rapid modernisation, population growth and the linear geography of the city has led the city to grow northwards further pushing the residential locations away from the main city centre. Land regulations and policies have restricted the supply of land available in the inner parts of Mumbai. This has lead to a crisis in the housing supply within the city. The state government has adopted the 'enabling' approach to housing provision. In this context, the government has facilitated Housing redevelopment schemes which enables the private developer to reconstruct an already existing multi-tenement co-operative housing society (C.H.S) to re house the existing owner-occupiers and use the additional F.S.I to construct new apartments in the same building to be sold in the free market. The research focus of the paper is to examine various aspects of Housing Re development from the perspective of the private developer. The study further investigated various strategies employed by the private developer in the face of high levels of competition in a highly potent market. The research paper adopts the 'qualitative method' of research analysis. The analysis suggests that the main concern of the developers is to 'establish and demarcate a local market'.
Developers strategies for housing redevelopment in Mumbai
Land is a rare commodity in the city of Mumbai. Rapid modernisation, population growth and the linear geography of the city has led the city to grow northwards further pushing the residential locations away from the main city centre. Land regulations and policies have restricted the supply of land available in the inner parts of Mumbai. This has lead to a crisis in the housing supply within the city. The state government has adopted the 'enabling' approach to housing provision. In this context, the government has facilitated Housing redevelopment schemes which enables the private developer to reconstruct an already existing multi-tenement co-operative housing society (C.H.S) to re house the existing owner-occupiers and use the additional F.S.I to construct new apartments in the same building to be sold in the free market. The research focus of the paper is to examine various aspects of Housing Re development from the perspective of the private developer. The study further investigated various strategies employed by the private developer in the face of high levels of competition in a highly potent market. The research paper adopts the 'qualitative method' of research analysis. The analysis suggests that the main concern of the developers is to 'establish and demarcate a local market'.
Developers strategies for housing redevelopment in Mumbai
Thyagarajan, S (Autor:in)
01.11.2008
Doctoral thesis, UCL (University College London).
Hochschulschrift
Elektronische Ressource
Englisch
DDC:
720
Equity and Slum Redevelopment in Mumbai (Bombay)
British Library Conference Proceedings | 1999
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