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View: Time to Make RERA Roar
Channels of information flow in real estate are limited; buyers rely on the media, intermediaries or hearsay to obtain information. This leaves buyers in the dark, impeding their ability to distinguish between good- and bad-quality housing. Ill-equipped with little to no information, they may purchase homes mired in litigation.Do Mandatory Disclosures Squeeze the Lemons? The Case of Housing Markets...
The paper demonstrates that a mandatory disclosure law on housing projects can have important, pro-efficiency effects in a developing country, and suggests that such laws may be efficient in a regime of low-state capacity.Do Mandatory Disclosures Squeeze the Lemons? The Case of Housing Markets
The questions this paper answers are: what is the impact of mandatory disclosure of housing quality on prices? Do mandatory disclosures have differential impact across housing sub-markets and income groups?Explaining India’s Housing Vacancy Paradox
Sahil Gandhi, Richard K Green and Shaonlee Patranabis look at the paradox of high vacancy rates and homelessness in Indian cities.Can Property Rights Improve Access to Toilets for the Urban Poor? Evidence...
Shaonlee Patranabis and Sahil Gandhi analyse slum laws from three states, studying two approaches to improvement of slums—redevelopment, and provision of property rights.India’s housing paradox: Empty houses and housing shortages
The Model Tenancy Act can improve rent control legislation and contract enforcement to bring vacant houses into the market.India’s Housing Vacancy Paradox: How rent control and weak contract...
How rent control and weak contract enforcement produce unoccupied units and a housing shortage at the same time.Are slums more vulnerable to the COVID-19 pandemic: Evidence from Mumbai
India has been highly susceptible to the spread of pandemics. The 1918 pandemic caused devastation across the country, with an excess mortality of 4.5%. While a century has passed since then, the present conditions of dense living and a weak public healthcare system makes the possibility of the rapid spread of the ...Mobility and tenure choice in urban India
This paper considers the impact that the shrinking rental sector has had on the opportunities for Indians to migrate.India 2024: An urban India
It is now widely recognised that India’s future will be urban. According to estimates by the United Nations’ World Urbanisation Prospects, India will see the highest increase in urban population in absolute numbers of any country. By 2050, it will add more people to its cities than are currently residing in them. ...Too slow for the urban march: Litigations and real estate market in...
India is urbanising and putting increasing pressure on urban land and there is growing impetus to convert land from agriculture to non-agriculture use. According to the United Nations (2015), India will see the largest increase of all countries in urban population by 2050. Efficient functioning of urban land markets will be critical ...