Gentrification in new-build and old-build transit-oriented developments: the case of Bengaluru
Jyothi Chava,
Peter Newman and
Reena Tiwari
Urban Research & Practice, 2019, vol. 12, issue 3, 247-263
Abstract:
Indian cities have seen substantial investment in building metro systems, with a few cities operating full-fledged metro. In the case of city of Bengaluru, the influx of public investment on transit and favourable zoning incentives are attracting around 26% of housing investment in transit-oriented developments (TODs). This paper examines whether such a large-scale influx of public and private capital is leading to gentrification in TODs. The findings indicate that the new housing projects in TODs are causing new-build gentrification, but the old build existing housing remains ungentrified. Towards mitigating gentrification issues, the paper recommends inclusive and equitable TOD strategies.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rurpxx:v:12:y:2019:i:3:p:247-263
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DOI: 10.1080/17535069.2018.1437214
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