IDEAS home Printed from https://ideas.repec.org/a/ire/issued/v11n022008p142-165.html
   My bibliography  Save this article

Urban Development and Land Markets in Chennai, India

Author

Listed:
  • David E. Dowall

    () (Director, Institute of Urban and Regional Development, Department of City and Regional Planning, the University of California, Berkeley, CA 94720-1870)

  • Paavo Monkkonen

    () (Department of City and Regional Planning, the University of California, Berkeley, CA 94720-1870)

Abstract

The metropolitan area of Chennai, India, presents an interesting case study on India’s transforming economy because it has a unique urban structure for an Indian city of its size. It has an extremely high population density at the city center that is becoming even more crowded. It is also experiencing rapid, but low-density, expansion at the periphery. This paper documents Chennai’s spatial development with detailed data on land use, population density, and land values. A hedonic regression on the price of land suggests that de facto policy differences between political jurisdictions have had a significant effect on land prices. However, the data presented in this paper suggest that land policy reforms in Chennai have been successful in reducing some of the sprawling urban development patterns evident in the 1970’s and 1980’s. Nevertheless, policymakers in Chennai continue to face the double challenge of an extremely dense urban core combined with extensive urban growth.

Suggested Citation

  • David E. Dowall & Paavo Monkkonen, 2008. "Urban Development and Land Markets in Chennai, India," International Real Estate Review, Asian Real Estate Society, vol. 11(2), pages 142-165.
    • Handle: RePEc:ire:issued:v:11:n:02:2008:p:142-165
    as

    Download full text from publisher

    File URL: http://www.umac.mo/fba/irer/papers/past/vol11n2_pdf/07.pdf
    File Function: Full text
    Download Restriction: no

    References listed on IDEAS

    as
    1. Bertaud, Alain & Brueckner, Jan K., 2005. "Analyzing building-height restrictions: predicted impacts and welfare costs," Regional Science and Urban Economics, Elsevier, vol. 35(2), pages 109-125, March.
    2. Charles Leung & Sam Tang & Nicolaas Groenewold, 2006. "Growth Volatility and Technical Progress: A Simple Rent-seeking Model," Journal of Economics, Springer, vol. 88(2), pages 159-178, August.
    3. Edwin S. Mills & Jee Peng Tan, 1980. "A Comparison of Urban Population Density Functions in Developed and Developing Countries," Urban Studies, Urban Studies Journal Limited, vol. 17(3), pages 313-321, October.
    4. Timothy Besley & Robin Burgess, 2000. "Land Reform, Poverty Reduction, and Growth: Evidence from India," The Quarterly Journal of Economics, Oxford University Press, vol. 115(2), pages 389-430.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    South Asia; India; Urban Spatial Structure; Population Density; Land Markets; Land Policy;

    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

    Lists

    This item is featured on the following reading lists or Wikipedia pages:
    1. User talk:Rsrikanth05/Archive September 2012 in Wikipedia English ne '')

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ire:issued:v:11:n:02:2008:p:142-165. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (IRER Secretary Office/Webmaster). General contact details of provider: http://www.asres.org/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.