Archive for the Mumbai Category

Abandoned: Art in a Failing Mumbai Affordable Housing Development

As new affordable housing solutions remain a hot topic of discussion in India, architectural photographer Deepshikha Jain is instead focusing on an already existing semi-vacant housing project in New Mumbai through an artist’s lens. Take a closer look at her work and the details of her recent […]

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Initial Public Offering for India’s Experimental New Urbanism Settlement

It’s fascinating to see that India’s Lavasa project is planning to raise up to 20 billion rupees (or $425 million) in equity on the Indian stock market in an initial public offering (India’s Lavasa to file papers for $425 mln IPO – Reuters) out of a total […]

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The Undoing of Dharavi’s Redevelopment

This article in the Economic Times (Calls to scrap Dharavi makeover gain ground) highlights the tailspin that the Dharavi redevelopment plan has been in. Having gone from a proposal that attracted the interest of bidders from all over the world to one that started to repel investors […]

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The International Finance Corporation’s (IFC) Environmental Sustainability Initiatives

Joyita Mukherjee of the International Finance Corporation (IFC) office in New Delhi has the exciting job of identifying projects and extending advisory in India with large scale environmental impact. As the private sector lending arm of the World Bank Group, IFC’s program objectives aim at inclusive growth […]

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Neel Shah: Working Through the Urban Housing Puzzle in India

Through the Monitor Inclusive Markets Affordable Housing team, I also connected with Neel Shah, formerly at Enterprise Community Investment as head of their New Markets Tax Credit Program. Neel was in India doing independent research on housing issues while working with Monitor on some of their projects. […]

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Micro Housing Finance Corporation (MHFC): Putting Together Developers, Buyers and Financing for Affordable Housing

My meeting with Micro Housing Finance Corporation (MHFC), one of Monitor Inclusive Market’s partners, focused on their successful business model for getting low cost and affordable housing built and homebuyers financed. MHFC is a young and growing housing finance company; one of their model innovations allows them […]

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The Magic of Making Missing Markets: Monitor Inclusive Markets Affordable Housing Team

The Monitor Inclusive Markets initiative in India with Ashish Karamchandani at the wheel has succeeded in bringing to the fore many of the challenges facing India’s economic progress today by proposing market responses to major issues through business model development, intensive on-the-ground guidance and market building activities. […]

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Cutting Edge City Watchdogs: Urban Design Research Institute (UDRI)

Meeting Omkar Gupta, Director at the Urban Design Research Institute (UDRI) in Mumbai, brought us to the cutting edge of independent research on urban development in Mumbai. Their annual publication, ‘Mumbai Reader’, is a collection of essays on leading ideas for change in development, urban design, preservation […]

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K Raheja’s Big Bet on Green

Shabbir Kanchwala, Executive, Project Coordination, Prashant A. Rajhans, and their employer K. Raheja, had been mentioned in several previous conversations about green buildings, specifically about greening existing buildings in India. K Raheja wouldn’t normally be associated with green, though, as one of India’s most successful commercial and […]

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P.K. Das and the Grass Roots Open Space Revolution

Our timing for meeting P.K.Das, an eminent architect and urban planner in Mumbai, couldn’t have been better – on the eve of the Bandra Festival, which celebrates the Bandra neighborhood and its reclaimed waterfront. Our meeting was well-timed because P.K.Das was one of the pioneers of the […]

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