Advantages And Disadvantages Of Housing Development

There are a variety of views on, the property development process. In its simplest form, property development is the process of improving the value of land or building through the development of facilities that meet social, commercial and infrastructural requirements. It is about researching and conducting due diligence into the housing market and develop the right property to meet the demands of this market.

In addition, selection was opposed and obstructed by the squatters who used their superior knowledge of land conditions, political and financial influence, and evasion of certain regulations of the Land Acts to amass large holdings of premium land, leaving poorer land to selectors. ... 17

A study by The Urban Institute describes gentrification as “a process whereby higher-income households move into low income neighborhoods, escalating the area’s property values to the point that displacement occurs.” Gentrification generally takes place in deteriorating urban or rural areas. The purpose of gentrification is to take struggling neighborhoods and stabilize them by increasing property value. Naturally the system isn’t perfect, as it has the side effect of displacement, which can cause some people to have to move to a different location, but overall gentrification is much more beneficial than destructive on a large scale. All neighborhoods have to be improved eventually. Gentrification is simply the most effective way of doing it. Although there are some negatives associated with Gentrification, in the long run it succeeds in creating a better place for people to live, and the pros far outweigh the cons.

Imagine living in a neighborhood with all of your friends, family, and a new strip mall that opened down the street. Your parents are concerned but you don’t see the problem. They know that a new strip mall means new shoppers. These new shoppers are going to want to move closer to that new strip mall, and once they do, everything changes. The more middle class people move in, the higher the property value, the higher the property value, the higher the rent and mortgages are. Eventually you have to move away from everybody into a neighborhood with worse schools and a poorer economy because your parents can’t afford to be there anymore. This type of story happens everyday to low income families, the process is called gentrification. Gentrification is not a good practice, since it moves groups of people out of their homes and neighborhoods.

This is when both land use and the building density gets regulate by the local government. This has attracted developers because most of the zones have been marked as under developed. Research shows that over 300 single families are in the under developed zones. This means that the developers can buy these single homes and build storey's that will accommodate many families without the

This source’s intended audience might be geographers who research for the lifestyle of these contemporary people. Where they were settling down depends on various factors (weather, source of food and water, natural resource), therefore, can draw the attention to the real estate agents to exploit potential resource and make an investment in this land.

This all started with the rise of “Affordable housing”, where a local nonprofit buys a piece of land and build a house for the needy in it. Now that might sound like a great idea for those who are faced with rising house prices in the downtown area, but it is just what those builders want. To push the poor

Released in 2002, the movie “City of God” presents a number of key urban planning issues that a developing country might experience. The film seeks to illuminate several ideas related to the development of slums and the type of life associated with such areas, as well as urban crime and gangs. This film clearly illuminates the issues associated with government or public housing and the social networks that come up when people do not have a private space. The effects of limited living space are increased crime and the development of local governments that run parallel to the legal units set up in the country. A discussion of the urban planning issues arising from this film will follow, in light of the issues raised by Suketu Mehta in the article

A major cause of gentrification is land speculation. The act of selecting investments with higher risk to profit from an anticipated price increase. This not only was a loss of power to the local peoples, but it causes a loss of local culture. This is where local people started to not agree with gentrification and what it was doing.

It is worth noting the difference between gentrification and “incumbent upgrading” in which current residents improve the neighborhood’s housing value with no apparent population change (McDonald, 1986). Furthermore, McDonald stated that the mere increase in value of real estate in a neighborhood does not qualify as gentrification. This is due to the fact that the increase in value can be the result of inflation in the housing market on a national scale. There are many theories of the causes of gentrification. Some believe that the younger or wealthier people move to urban neighborhoods as a way to reconnect with the community while gaining more cultural awareness. There is also the theory of the real estate having a low price tag. The low cost of land attracts buyers who are interested in renovating the business for a large financial

As “Mumbai boomed on the back of its port and textile mills, poor peasants flowed in from the land in search of job opportunities to provide a roof over their head” (Beddoes). For many of the impoverished, the ability to start small, undocumented businesses was not only a source of income, but also an attractive force that drew them to the slums. As more people came to live in these slums, the amount of space diminished. “ In a 2010 census, it was found that there were roughly a million people per square in a slum called Dharavi” (Beddoes). As the population increased, the living conditions became a lot worse as now “instead of flowers and trees lining the sides of these [narrow] streets, there lies trash, sewage and dead animals”(Parussini). Slums are already very small and now trash takes up half of the street leaving no space for proper homes. “On one side is a family of 12 living in a 90-square-foot room—about half the size of an American car-parking space...eight people share a similar area” (Beddoes).When families finally run out of space, to save money, they add more floors, known as verticalization. This solution fixes the immediate issue of space but unprofessionally built buildings can cause “...building collapses and fire hazards” (Zhang). Due to the cramped nature of the slums, and an abundance in people, these slums have become hard to live in, but because these slums provide shelter and a source of income, many people are forced to overlook these heinous

Gentrification has been a controversial issue both in urban planning and politics primarily due to the displacement of poor people by the rich folks (Shaw & Hagemans, 2015). Many individuals have viewed gentrification as an illegal act that should be avoided at all costs. On the other hand, another group of people believe that gentrification is the way forward to promoting growth and development. With such contrasting ideas, this paper is going to take a look at gentrification from a positive and negative perspective, its effects, and how it can be prevented or contained. Apart from this, the paper will also address the following questions.

Being one of the most extensive law reforms of the Law Commission, Land Registration Act 2002 aims to create a flawless legal framework for land registration, especially in terms of conveyancing with emphasis on overriding interests and adverse possession. It is agreed that the Land Registration Act 2002 (hereafter LRA 2002), by putting emphasis on strict registration, moved the idea of land ownership from ownership by possession to bureaucratization of title via registration. Therefore, LRA 2002 is said to bring further strictness and clarity to land ownership and subsequent conveyancing. In conjunction, LRA 2002 was expected to bring an “e-conveyancing revolution” to land registration which was awaited to be a major success. Although steps are taken towards this development, it is claimed that there is still long way to go before a complete and problem-free e-conveyancing system. Apart from matters relating to conveyancing, LRA 2002 consists of sections regarding overriding interests where their number and scope are widely reduced with specifications of registration introduced. Moreover, the Act includes strictly drafted provisions about adverse possession, aiming to bring further restrictions to this matter by bringing further difficulties to the acquisition of title and therefore shifting from a squatter prone approach to a registered owner supporting view.

The government's move to acquire fertile agriculture lands for industry has agitated the farmers who are dependent on the lands for livelihood. Ever since the notification regarding the acquisition was published by the state revenue department on December 4 2008, the farmers to be affected have been holding meetings in Haripura, Charal, Bol and Siyawada villages and have decided to launch an agitation against the acquisition of their lands. However Government declared that it was not taking for free and the price of the land at Rs 1,200 per square

Slums are hindrance to the achievement of economic growth and development. It is the duty of the government to plan effectively towards the achievement of quality life within the cities. Slums contribute towards the presence of criminal activities within the cities and unemployment hence a significant force towards the overall economic development. Upgrading of slums is vital in the process of offering economic, social, institutional, and cultural services to the city dwellers like other citizens.