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Suburban Slum Redevelopment in Mumbai, India

Author
Kharche, Madhura
Abstract
Slum redevelopment has recently emerged as a popular and successful model in Mumbai’s chaotic commercial real estate market. With slums occupying a significant portion of the city’s land, the government of Maharashtra’s Slum Rehabilitation Scheme presents a great opportunity for private developers. As the market experiences political cycles, policy makers update schemes to gain favor with voters, and slum redevelopers find it increasingly difficult to feasibly meet the stringent requirements of rehabilitated housing. This paper discusses the implications of such policy updates on Shivangan SRA CHS, an ongoing redevelopment in Mulund East, Mumbai.
Journal/Series
Cornell Real Estate Review
Volume & Issue:
Vol. 18
Date Issued
2020-06-29Rights
Required Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.
Type
article