Financing Land in Egyptian and Indian Megacities: The Frontiers of Urban Liberalization

Abstract : Since the 1990s, the fast-growing megacities of the South have been characterized by massive, unprecedented spatial expansion. This paper examines the land appropriation supporting the extensive construction of exclusive real estate projects, notably gated communities and private cities. The public land reserves available on the edges of the megacities are increasingly seen as strong assets that can potentially be used as collateral for generating credit and liquidity. As a result, a land standard has emerged. With the growth of land titling programs, the transfer of public property to the markets has spread at the expense of land for low-income housing.
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https://hal.archives-ouvertes.fr/hal-01063459
Contributor : Eric Denis <>
Submitted on : Friday, September 12, 2014 - 11:01:16 AM
Last modification on : Monday, August 26, 2019 - 3:42:02 PM

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Eric Denis. Financing Land in Egyptian and Indian Megacities: The Frontiers of Urban Liberalization. Revue Tiers Monde, Armand Colin, 2011, 2 (206), pp.139-158. ⟨10.3917/rtm.206.0139⟩. ⟨hal-01063459⟩

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