By Fumihiko Seta, Joy Sen, Arindam Biswas, Ajay Khare
This e-book is a finished rfile visualizing the way forward for outfitted setting from a multidisciplinary measurement, with distinctive emphasis at the Indian state of affairs. The multidisciplinary concentration will be worthwhile for the readers to cross-refer and comprehend others' views. The textual content additionally comprises case stories substantiating theoretical study. this system of composition is helping the booklet to keep up rational stability between concept, study and its contextual software. The publication includes chosen papers from the nationwide convention on Sustainable equipped surroundings. The chapters offer diversified viewpoints at the center problems with urbanization and making plans, specifically within the economically different Indian industry. This compilation will be of curiosity to scholars, researchers, execs and coverage makers.
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Extra resources for From Poverty, Inequality to Smart City: Proceedings of the National Conference on Sustainable Built Environment 2015
5 The bitter truth of the great urban rich-poor divide (Source – Wealth-X and UBS), India is home to one-third of the poorest population of the world 24 M. Mausom and A. 4 Causes of Urban Poverty The core causes of urban poverty are mostly rooted with the migration of already poverty-stricken people from the rural areas in hope of getting rid of the same poverty. Urban areas offer more opportunities to grow from time immemorial – initially as trading centers for rural produces and then as manufacturing centers for post-industrialization.
With such an upsurge, the focus of development was directed toward mega-scale projects such as development of townships, infrastructures, and services. The Indian real estate sector had transformed itself into a profit-making speculative business having low accountability. Amidst this, the most important stakeholder, the average Indian, was neglected. 00 India’s share in developing economics FDI inflows FDI inflow in India Fig. 04 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 FDI in Real Estate (USD bn) Fig.
Financial institutions do not provide finance for construction activities in unauthorized colonies. Even though the study area was regularized in 1977, financial institutions still hesitate to provide loans against the property. Neither owners nor builders can avail finance from financial institutions. Builders in the colony, who undertake all construction activities, do not support finance-based transactions to potential owners, and all transactions take place by cash payment within 90 days, as this requires submission of various documents like land deed, proof of income, and so on.