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This book deals with important issues related to urban housing in South Asia. It analyses various aspects of housing, including spatial and temporal requirements and needs, as well as the challenges of implementing housing projects, such as financial feasibility of estate development projects and housing design. Finally, it discusses the socio-economic and environmental impacts of the rapid urban housing development in South Asia. Written by experts from various disciplines, the book presents several case studies that address issues such as housing provision; legislative, financial and technical support; access to employment opportunities and markets; the cumulative impact on gentrification; exclusion and spatial equity; and the economic, social and environmental sustainability of urban tissue. Researchers, housing planners, and policy makers will find this book a valuable resource in meeting the demand for affordable and sustainable housing and overcoming housing shortages in developing countries
Rapid economic growth in South Asia, urbanization, and a rising middle class have created considerable pent-up demand for housing and housing finance. More than 14 percent of low-income South Asians have no home. In response, South Asia s dynamic housing and housing finance markets have grown at rates of around 30%, but are still limited to upper-income groups. The contribution of housing and real-estate sector to overall economic growth, social uplift and employment is considerable. Housing and housing finance services have the clear potential to expand to middle- and even lower- income families. This requires an improved land administration, strengthened legal framework for land titling, registration, and foreclosure, better market data provision, and promotion of long-term funding for mortgage lenders and developers. Innovative traditional mortgage products and Islamic finance could match demand in underserved market segments. This report, a first regional effort on the topic, examines housing shortages in South Asia, as well as outlines shortcomings of the market for home mortgages. Information on good practice and country-specific examples are presented on enabling builder/developers, mortgage lenders, land administration, as well as foreclosure and other relevant regulations, to strengthen home ownership in South Asia. Special emphasis is accorded to low-income housing solutions.
This book provides insights into commercial and residential real estate markets in one of the world’s fastest growing regions: South Asia. Despite being the growth leader of the future, South Asia is among the "least integrated" regions with a large need for real-estate-specific information and knowledge. Scholars and industry practitioners from a variety of backgrounds come together to provide pan-regional and country-specific insights into—amongst others—institutional, economic and real estate market characteristics, real-estate-specific legislation, real estate financing, development and urban planning practices in Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka. A particular focus of the book is on topics such as the provision of affordable housing, sustainability, innovative office concepts such as co-working and the development of real estate investment trust (REIT) markets in South Asia. This book integrates knowledge on real estate markets in and across South Asian countries by means of country profiles and case studies to provide industry professionals, policy makers and scholars with a fundamental understanding of characteristics, opportunities and challenges in the region. The book is intended for readers with interests in real estate development, finance and investment, urban planning and housing in South Asia. It is also suitable as a reference textbook for undergraduate and graduate students in programs focusing on real estate, economic development, urban planning and public policy in South Asia and other emerging countries.
The number of people in South Asia's cities rose by 130 million between 2000 and 2011--more than the entire population of Japan. This was linked to an improvement in productivity and a reduction in the incidence of extreme poverty. But the region's cities have struggled to cope with the pressure of population growth on land, housing, infrastructure, basic services, and the environment. As a result, urbanization in South Asia remains underleveraged in its ability to deliver widespread improvements in both prosperity and livability. Leveraging Urbanization in South Asia is about the state of South Asia's urbanization and the market and policy failures that have taken the region’s urban areas to where they are today--and the hard policy actions needed if the region’s cities are to leverage urbanization better. This publication provides original empirical and diagnostic analysis of urbanization and related economic trends in the region. It also discusses in detail the key policy areas, the most fundamental being urban governance and finance, where actions must be taken to make cities more prosperous and livable.
The global increase in the number of slums calls for policies which improve the conditions of the urban poor, sustainably. This volume provides an extensive overview of current housing policies in Asia, Africa and Latin America and presents the facts and trends of recent housing policies. The chapters provide ideas and tools for pro-poor interventions with respect to the provision of land for housing, building materials, labour, participation and finance. The book looks at the role of the various stakeholders involved in such interventions, including national and local governments, private sector organisations, NGOs and Community-based Organisations.
This book provides an important account of how the city in South Asia is produced, lived and contested. It examines the diverse lived experiences of urban South Asia through a focus on contestations over urban space, resources and habitation, bringing together accounts from India, Pakistan, Nepal and Sri Lanka. In contrast to accounts that attribute urban transformation mainly to neoliberal globalisation, this book vividly demonstrates how neoliberalism functions as one of the many drivers of urban change. This edited volume brings together an interdisciplinary and international range of established and emerging scholars working on the city in South Asia. To date, South Asian urban studies privilege a handful of cities, particularly in India, overlooking the great diversity, as well as commonalities, of urban experiences spanning the region. Thus, in addition to chapters on New Delhi, Mumbai and Bangalore, this volume contains critical urban chapters on less-studied cities such as Lahore, Islamabad, Kathmandu, Colombo and Dhaka. The volume insists that a fresh look at contemporary changes in cities in South Asia requires careful consideration of the specificity of the city, as well as a comparative perspective. It provides a sense not only of the new forms of urbanism emerging in contemporary South Asia, but also sheds light on new theoretical possibilities and directions to make sense of transnational processes and urban change.
This book examines the housing crisis in India and underlines the need for formal affordable housing markets. India is home to the world’s largest population of slum dwellers. The book examines actual causes of the problem, and the financial and political issues which underlie it. The volume: Analyses multiple perspectives on affordable housing from the points of view of slum dwellers, builders, facilitators, bureaucrats, and politicians Presents a fresh overview of the housing sector in India based on the conditions of slum dwellers in a typical, medium-sized, fast-growing city – Raipur, in the state of Chhattisgarh Puts forward radical conclusions, practical solutions, and policy recommendations for a formal affordable housing market in India This will be a major intervention for scholars and researchers of urban sociology, built environment, public policy, development studies, economics, political economy, institutional economics, and urban studies as well as policymakers, planners, and professionals in the urban development sector.
This book provides information on the latest research findings that are useful in the context of designing sustainable houses and living in rapidly growing Asian cities. The book is composed of seven parts, comprising a total of 50 chapters written by 53 authors from various countries, mainly in the Asian region. Part I introduces vernacular houses in different Asian countries such as Indonesia, Malaysia, India, Nepal, China, Thailand and Laos. Parts II and III then explore in depth indoor adaptive thermal comfort and occupants’ adaptive behavior, focusing especially on those in hot-humid climates. Part IV presents detailed survey results on household energy consumption in various tropical Asian cities, while Part V analyses the indoor thermal conditions in both traditional houses and modern houses in these countries. Several real-world sustainable housing practices in Asian cities are reviewed in the following part. The final part then discusses the vulnerability of expanding Asian cities to climate change and urban heat island. Today, approximately 35-40% of global energy is consumed in Asia, and this percentage is expected to rise further. Energy consumption has increased, particularly in the residential sector, in line with the rapid rise of the middle class. The majority of growing Asian cities are located in hot and humid climate regions, and as such there is an urgent need for designers to provide healthy and comfortable indoor environments that do not consume non-renewable energy or resources excessively. This book is essential reading for anyone with an interest in sustainable house design in the growing cities of Asia.
The Housing Challenge in Emerging Asia: Options and Solutions provides new insights and ideas to best design and implement housing policies aimed at improving access to affordable and adequate housing. The book offers an innovative theoretical framework to conceptualize and analyze various housing policies. It also critically reviews housing policies of various countries and draws lessons for others. The countries studied include advanced economies within and outside Asia, such as Japan, the Republic of Korea, Singapore, Switzerland, the United Kingdom, and the United States, as well as emerging countries within Asia, such as the People's Republic of China and India.
"The initial stages of this book were developed together with Tihamer Salij"--Colophon.