Do Mandatory Disclosures Squeeze the Lemons? The Case of Housing Markets

Centre For Social And Economic Progress

In developing countries, potential home-buyers lack accurate information about housing projects. Insecure property rights in developing countries have led to a rise in litigation against these projects. Information asymmetry between developers and buyers about the litigation status results in overpricing of litigated houses (lemons).
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Do Mandatory Disclosures Squeeze the Lemons? The Case of Housing Markets

Understanding Gender and Land Rights | Blog4Land by PRRC

Dhruvika Sodhi

Understanding Gender and Land Rights | Blog4Land by PRRC - Dhruvika Sodhi   Schlager and Ostrom (1992) developed a conceptual...
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Understanding Gender and Land Rights | Blog4Land by PRRC

LAND RIGHTS FOR URBAN SLUM DWELLERS: A Review of the Odisha Land Rights to Slum Dwellers Act, 2017 and the Jaga Mission

Land Rights Initiative, Centre For Policy Research

The discourse on economic development has emphasized the role of law in ensuring clear property rights. Legal rights over land are thought of as a solution to incentivize investment in land, optimal use of resources, and market led-growth. Land rights (either through titling or restricted rights over land) have long been considered a precondition for development. This is because governments believe that such rights increase access to formal credit. In the specific context of urban slum dwellers, the added benefit of land rights is that these rights can now be used to ensure tenure security, help provide municipal services, and other social benefits. Based on these presumptions in 2017, the Odisha Land Rights to Slum Dweller Act (OLRSDA) and the Odisha Municipal Corporation (Amendment) Act (OMC) were enacted.
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LAND RIGHTS FOR URBAN SLUM DWELLERS: A Review of the Odisha Land Rights to Slum Dwellers Act, 2017 and the Jaga Mission
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Do Mandatory Disclosures Squeeze the Lemons? The Case of Housing Markets Do Mandatory Disclosures Squeeze the Lemons?...
Centre For Social And Economic Progress
Understanding Gender and Land Rights | Blog4Land by PRRC Understanding Gender and Land Rights |...
Dhruvika Sodhi
LAND RIGHTS FOR URBAN SLUM DWELLERS: A Review of the Odisha Land Rights to Slum Dwellers Act, 2017 and the Jaga Mission LAND RIGHTS FOR URBAN SLUM DWELLERS:...
Land Rights Initiative, Centre For Policy Research

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Understanding Gender and Land Rights | Blog4Land by PRRC

Understanding Gender and Land Rights | Blog4Land by PRRC – Dhruvika Sodhi   Schlager and Ostrom (1992) developed a conceptual schema for arraying property-rights regimes that distinguish among diverse bundles of rights. It distinguishes five types of property rights: the rights of (physical) access, withdrawal, management, exclusion, and alienation. If we adopt a gender lens … Continue reading Understanding Gender and Land Rights | Blog4Land by PRRC

The chaos of gendered language and land: Taking a lesson from cricket

Recently, as India swelled with pride to see the first woman belonging to the Scheduled Tribe community become president, it also witnessed unexpected chaos stemming from the use of gendered language. In Hindi, the word for president is the masculine word Rashtrapati (head of the nation). The suffix pati is commonly used to mean “husband” and can also denote that one is the owner of something. In a bid to use a feminine equivalent, a member of Parliament unwittingly referred to her as Rashtrapatni (wife of the nation). The linguistic flub resulted in huge protests and adjournment of Parliament followed by a letter of apology.

Why PMAY-U fails to address India’s intrinsic housing problems

At a recent event, Prime Minister Narendra Modi gave away keys to seventy five thousand beneficiaries of the Pradhan Mantri Awas Yojana — Urban (PMAY-U) in Uttar Pradesh. Though it is a welcome and much needed move, the overall pace of delivery under PMAY-U has been rather slow. As of October 11, 2021, just around 50% of the 114 lakh sanctioned houses have been completed. In the process, ₹97,000 crore has already been incurred. 

A Protest In West Bihar Shows How Un-surveyed Land Leaves Residents Vulnerable

On May 30, 2021, as India reeled under the second wave of the pandemic, a team of surveyors from Bihar’s revenue department landed up in the western town of Chhapra. At a street near the city municipality building, where the state government has proposed a new flyover, the officials measured the land where shops and homes would be demolished to make way for the construction.

How the Model Tenancy Act can benefit homeowners and tenants

As the Model Act has been circulated by the central government amongst the states, it is yet to be seen what changes are incorporated by the latter to suit the local context. While the Act is a much-needed reform for India’s housing sector, one hopes that states use this opportunity to unlock the economic value of vacant housing and increase access to good quality housing, for all demographics.

With design changes, Svamitva scheme can be a game changer

By providing a Record of Rights (RoRs) to village household owners in inhabited rural areas, it attempts to create accurate land and property records, which can be pivotal in reducing property-related disputes and facilitating monetisation of rural residential assets for credit and other financial services.