Search results
globalnews.ca
- In any context, redevelopment occurs in locations where the evolving market, economic, and demographic conditions of the city or community have rendered some of its existing building stock and land uses obsolete, requiring a new scale of development or a new mix of land uses to meet changing demands.
www.planetizen.com/definition/redevelopment
People also ask
What is redevelopment and why is it needed?
Is property redevelopment a good idea?
How does redevelopment affect a property's life?
When does redevelopment occur?
Dec 20, 2014 · What is redevelopment and why is it needed? Housing redevelopment refers to the process of reconstruction of a residential premise by demolition of the existing structure and construction of a new one as per approvals from the Municipal Corporation of Greater Mumbai (MCGM).
- Black Money Paradise
Given the excellent physical and social infrastructure,...
- House of Horrors
For years now, Jain has been on a cruel runaround of the...
- Check Out: These Foreign Firms Have Pulled Money Out of India
Telecom companies Etisalat of Abu Dhabi and Bahrain...
- Black Money Paradise
Feb 5, 2018 · Redevelopment can help solve the problem of housing shortage in prime areas as dilapidated buildings are reconstructed with additional flats. It can also aid in accessing prime markets without significant upfront investment. Compared to repairs, redevelopment is more sustainable.
When a three-floor house is converted into a much taller residential complex, it, too, is redevelopment. Such redevelopment often happens when regulations allow denser development because this makes greater floor space available.
- Related Terms and Ensuing Confusion
- Government Programs
- Legal Definitions
Redevelopment can also be confused with other terms used for similar purposes but with nuances of distinction in meaning. For instance, urban redevelopment also can imply some of the same meaning captured by the term urban revitalization. However, urban revitalization is used more generally to describe changes in the public and private realms throu...
Another explanation for the prevalence of the term redevelopment to contemporary planning and development practices is a long history of redevelopment programs led by redevelopment authorities and redevelopment agencies at the local and regional level around the country. Redevelopment authorities historically functioned with large amounts of fundin...
Given the involvement of both public and private entities in redevelopment, the legal definitions of redevelopment will provide the final word on what constitutes redevelopment and what should be considered greenfield development, renovation, rehabilitation, or some other form of development. For example, the Law Insider dictionary defines redevelo...
With limited land availability and sky rocketing property prices, many housing societies are resorting to redevelopment. However, it is crucial to weigh both the pros and cons of property redevelopment before undergoing it.
- Editor
- 3 min
Sep 7, 2020 · Importance of re-development in real estate in India. No time and fiscal venture is appropriate to the Transfer of Development Rights (TDR). While basic fixes increment property’s life by 4-5 years, redevelopment implants another rent of life to lodging social orders.
Sep 16, 2024 · Redevelopment projects are revitalising urban landscapes nationwide. In Mumbai, 15-25% of property registrations are now linked to redevelopment efforts, with over 3,500 projects approved by May 2024. Tier-I developers are increasingly focused on revamping prestigious areas, drawn by the potential for significant returns and growth.
