Catalogue Search | MBRL
Are you sure you want to remove the book from the shelf?
{{itemTitle}}
126
result(s) for
"Tiwari, Piyush"
Sort by:
India's reluctant urbanization : thinking beyond
\"Given the expected scale of the urban transformation in India over the next few years and the time span within which this will occur, this study presents a crucial analysis of the challenges facing 'urban' India. Through a close examination of India's policies, economic system, social systems and politics, it explores the numerous perspectives and debates on India's urbanization.The book attempts to disaggregate the overall macro 'picture' of increased urbanization painted in recent policy discourses to understand where it is happening, what the drivers/ forces are - local, regional, national and international, the dividends and perils of urbanization, actors/stakeholders and their engagement with 'urban' at various levels - from grass root level to overall city level, and the future of urbanization. The authors link contemporary urban issues with emerging challenges associated with policies and city management, matters which are yet to attract sufficient attention in public discourse. They present the alternative paradigms and 'innovative' responses that have emerged to deal with challenges of 'reluctant' urbanization, which often work on the boundaries of 'formal' systems. The findings identify overlapping and intertwined areas for possible action, although the objective of the book is not to be prescriptive of any particular strategy of paradigm, but rather survey the potential options for the future development.India's Reluctant Urbanization is essential reading for scholars and researchers of urban economics and those interested in development economics and in particular India's economy\"-- Provided by publisher.
Book
Rental Housing Supply and Build-to-Rent Conundrum in Australia
Traditionally, rental housing has been supplied by a large pool of individual investors who own a few units and invest their savings, with some leverage, to take advantage of the tax regime in Australia. The last five years have seen the emergence of build-to-rent (BTR) units, which are supplied by investors who own a large number of units. The state of Victoria in Australia has the largest share of these projects. In the current market and regulatory environment, the financial viability of BTR projects is low for investors and hinges on the ability of units to be leased at higher than market rents. This paper examines four groups of levers, including those already being pursued by the building industry, that can be used to improve the financial viability of BTRs. These include: (i) revenue maximization, (ii) cost reduction (iii) fiscal and (iv) planning incentives. An archetypical BTR project which mimics current practice is considered, assumed to be in Docklands, Victoria, where several BTR projects are planned. For the robustness check, a feasibility analysis is conducted for a site in North Melbourne, a neighbourhood in Victoria with several BTR projects. The results indicate that for revenue maximization, the mix of unit types in a BTR project should be location-specific, as market preferences (and the characteristics of renters) determine the rent for different types of units that can be achieved. In a conventional BTR project development, where land is bought upfront and the project is developed, the mixed-use BTR (residential in combination with commercial) does not provide significant financial benefits though including small retail (3–4% of the net lettable area) may provide complementary benefits. Incurring large capital costs upfront and having the revenue stream spread over long periods reduces financial viability. While construction costs are more difficult to reduce, ways to reduce land costs could be through zoning land for BTR use, through mechanisms such as joint ventures with landowners, and land leasing. Exemptions on income, land tax, and rates (like CHPs) can result in a higher return for investors. A full GST refund, an incentive that industry is lobbying for, results in a similar IRR as an exemption on income, land tax and rates would offer. These results will assist in determining priorities for policies that are aimed at BTR.
Journal Article
Importance of Land in SDG Policy Instruments: A Study of ASEAN Developing Countries
Allocating land-related social, economic, and legal benefits to people is crucial for meeting the commitments made by various countries for achieving sustainable development goals (SDGs). Economic growth in developing countries in the Southeast Asian region is very rapid, requiring primary resources such as land, which poses challenges for implementing nationally determined commitments towards SDGs. This paper quantitatively compares the relevant policy instruments issued by the key ASEAN countries to analyze the importance of land provision in achieving the specific SDGs. Using content analysis to formulate a framework for comparing the various policy instruments and strategic plans, the article identifies the importance of land use in various policy instruments focused on achieving SDGs. Most countries use authoritative instruments to incorporate land-related aspects. The use of the symbolic, capacity-building, and incentive instruments is relatively lesser. Many countries give prominence to land for providing shelter or as an economic resource, while land use for managing gender equality is negligible. Policy makers could incorporate a more balanced mix of instruments and those addressing different dimensions of land use while redesigning their policy or strategy documents to implement SDGs.
Journal Article
Development paradigms for urban housing in BRICS countries
This book is a concise treatise of the alternative paradigms used in BRICS countries to tackle urban housing shortages. There are a number of alternative methods for meeting these shortages which BRICS countries have adopted. These alternatives may agree in terms of desired outcome, but when it comes to approach, mechanics and scope, they are entirely divergent. By focusing on the political economy and the international structure of each BRICS country, these perspectives present alternative and often conflicting approaches to the attainment of better housing. Development Paradigms for Urban Housing in BRICS Countries explores the various political, economic, institutional and cultural factors that have shaped the housing outcomes in BRICS countries that we see today. The book uses a framework which allows comparison between Brazil, Russia, India, China and South Africa, whilst recognizing the differences in the development path that each of these countries has taken.
Book
Measuring Inadequacy in Compensation for the Compulsory Acquisition of Land: Evidence from Bengaluru, India
Taking inspiration from the longstanding problem of inadequate compensation for the compulsory acquisition of private land for a public purpose, this research estimates the economic value of (i) future development potential of land or ‘hope value’; and (ii) depreciation in property value due to acquisition notification or ‘blight’. Using empirical data on property transactions conducted in the Bengaluru Mysore Infrastructure Corridor (BMIC) project area and registered with sub-registrar offices in Bengaluru India during 2007–14, this research innovatively combines the duration model and hedonic price model to estimate the above. Results indicate that the current mechanisms for compensation are inadequately compensating for the land. The loss of the hope value ranges between 2.39 to 8.35 times the market value of agricultural land in 2006 and loss due to blight is approximately 31 percent. Compensating for these losses ex-ante should induce fairness in the compulsory acquisition process and reduce arbitrariness in the valuation of essential components of a compensation package, thus unburdening the valuation responsibilities of the legal institutions. These findings empirically support the argument of payment of additional monetary compensation to the market value of land and provide a rational measure of the same.
Journal Article
Land-Based Financing Elements in Infrastructure Policy Formulation: A Case of India
A rapid increase in land and property values has been one of the driving forces of urban ecosystem development in many countries. This phenomenon has presented project proponents/policymakers with multiple options and associated challenges, nudging them to configure or incorporate elements of land-based financing in their policies and legislations. Specifically, the Government of India and various state governments have sought to monetize land through diverse instruments, for augmenting the financial viability of infrastructure and area development projects. This paper compares Indian central and state infrastructure policies/acts with regard to land monetization strategies. The analysis indicates that policies and legislations are taking a turn towards promoting land monetization mechanisms as a financing tool for cities and project implementation agencies. However, the approach is cautiously used and implementation is often seen to fall behind actual project timelines. Based on the findings, key determinants of a successful policy that captures an increase in land values, are identified. The learnings provide useful inputs for states to strengthen their policy documents and legislative/institutional frameworks, for ensuring the effectiveness of land-based financing tools.
Journal Article
Automatic segmentation and quantified analysis of meibomian glands from infrared images
Purpose:
An algorithm for automated segmentation of meibomian glands from infrared images obtained using a novel prototype infrared hand-held imager has been proposed in this study. Meibomian gland dysfunction (MGD) is quantified in terms of five clinically relevant metrics. A comparison of these metrics in patients with MGD has been presented against a sample of the normative healthy population.
Methods:
This is a prospective cross-sectional observational study. Patients presenting to the clinics were enrolled after written informed consent. The everted eyelids of 200 eyes of patients (of which 100 were healthy and 100 were diagnosed with MGD) were imaged using a prototype hand-held camera. The proposed algorithm was used to process the images using enhancement techniques and the glands were automatically segmented. A comparison of glands of normal eyes versus MGD-affected eyes is performed using five metrics presented in this study: (i) drop-out, (ii) length, (iii) width, (iv) the number of glands, and (v) the number of tortuous glands.
Results:
The 95% confidence interval for the metrics did not show any overlap between the two groups. In MGD patients, the drop-out ratio was higher than normal. The length and number of glands were significantly lesser than normal. A number of tortuous glands were more in the MGD group. The metrics for MGD versus healthy and cut-off ranges were computed in the results.
Conclusion:
The prototype infrared hand-held meibographer and the proposed automatic algorithm for gland segmentation and quantification are effective aids in MGD diagnosis. We present a set of five metrics, which are clinically relevant for guiding clinicians in the diagnosis of MGD.
Journal Article
Investment Behaviour Towards Build-to-Rent in Australia
There is growing recognition that build-to-rent (BTR), a novel institutional asset class, could improve rental affordability and housing choice in Australia. Despite favourable market conditions and increasing demand, Australia’s BTR sector remains underdeveloped compared to the US and UK. Although the asset class has attracted significant foreign institutional capital, there is little interest from domestic institutional funds. This contrasting investment behaviour between foreign and domestic funds has brought a new dimension to the debates on BTR in Australia. The study uses qualitative research design to examine institutional investor behaviour towards BTR in Australia. Interviews were conducted with experienced BTR investors across three countries—Australia, the US, and the UK—to understand the barriers and investment behaviour towards BTR. The study finds that the key barriers hindering BTR growth in Australia include unfavourable tax treatment, complex planning processes, and insufficient affordable housing incentives. Institutional investors’ decisions are influenced by firm characteristics, operational capabilities, and risk attitudes. Due to risk considerations, Australian superfunds prefer stabilised assets over new developments. Also, sustainability and ESG factors are increasingly important considerations in BTR investment decisions. The research highlights the need for a supportive regulatory environment, efficient property management, and innovative financing solutions to boost BTR investments. To accelerate BTR growth in Australia, policymakers should address tax disparities, streamline planning processes, and enhance affordable housing incentives. Developing BTR-responsive financial instruments could reduce financing costs and attract more institutional capital to the sector.
Journal Article
