Abstract
Multi-owned property features prominently in the strategic planning documents of rapidly growing global cities. Mumbai, the most populous commercial city in India and one of the most heavily urbanised metropolitan regions in the world is no exception to this trend. The Mumbai Metropolitan Regional Development Authority (MMRDA 2013) forecasts a population of twenty-five million in its metropolitan area by 2025. Urban (2012) notes, due to topographical constraints, Mumbai has a large share of multi-owned developments compared to other cities of India. So we could assume this increased housing demand is likely to be met by more multi-owned developments. In this chapter, I examine the evolution of multi-owned developments in Mumbai and associated responsibilities through home-ownership models in either housing cooperatives or in condominiums, and situate Mumbai within the international context.
Original language | English |
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Title of host publication | Multi-Owned Property in the Asia-Pacific Region: Rights, Restrictions and Responsibilities |
Editors | Erika Altmann, Michelle Gabriel |
Place of Publication | U.K. |
Publisher | Palgrave Macmillan |
Chapter | 16 |
Pages | 291-306 |
Number of pages | 16 |
ISBN (Electronic) | 9781137569882 |
ISBN (Print) | 9781137569875 |
DOIs | |
Publication status | Published - 2018 |
Externally published | Yes |