Dhārāvi: Developing Asia's Largest Slum (B)

Lakshmi Iyer and John Macomber

Chapter 7 in Institutions, Institutional Change and Economic Performance in Emerging Markets, 2016, pp 181-189 from World Scientific Publishing Co. Pte. Ltd.

Abstract: In July 2009, several real estate consortia were gearing up to submit financial bids for the $3 billion Dhārāvi Redevelopment Project (DRP). The project involved redeveloping Mumbai's largest slum through a public–private partnership. With property prices in Mumbai among the highest in the world, the scheme was claimed to be profitable even after the current residents of Dhārāvi were provided free housing with better amenities and upgraded infrastructure in the same area. In March 2009, 14 proposals for developing Dhārāvi had undergone technical evaluations…

Keywords: Emerging Markets; Economic Institutions; Property Rights; Economic Policy; Political Institutions; Political Economy; Economic Growth; Case Studies (search for similar items in EconPapers)
Date: 2016
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Chapter: Dhārāvi: Developing Asia's Largest Slum (A) (2016)
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