Authors: J. Chadchan; R. Shankar
Addresses: Department of City and Regional Planning, King Fahd University of Petroleum and Minerals, KFUPM Box 1737, Dhahran 31261, Saudi Arabia ' Department of Architecture and Planning, Indian Institute of Technology Roorkee, Roorkee 247667, India
Abstract: Significant changes have been observed since 1991 in the nature and pattern of urban growth in India. Cities are in the midst of restructuring space, in terms of both use and form. The city of Pune is selected for primary field case study of urban housing and development scenario. Pune is one of the selected half a dozen urban agglomerations experiencing the developmental effects of liberalisation-privatisation-globalisation (LPG) process the country is undergoing since 1991. The analysis includes profile of the city, various facets of residential development, a detailed primary survey of households and real estate stakeholders. The paper concludes with key observations on residential real estate development and on the other hand suitable lessons are learnt from the housing preference study to establish the need for alternative sustainable urban development pattern for Pune in particular and other similar LPG affected Indian metropolitan cities in general.
Keywords: liberalisation; privatisation; globalisation; residential real estate; real estate markets; urban housing; sustainable urban development; housing preferences; housing development; India.
International Journal of Society Systems Science, 2014 Vol.6 No.2, pp.177 - 202
Available online: 06 Jun 2014 *Full-text access for editors Access for subscribers Purchase this article Comment on this article