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Given the large-scale urbanization taking place in India, cities are facing immense pressure due to lack of sufficient quality built space for various uses and income groups. Land use in developed core areas of the cities is getting transformed from residential areas to commercial and other uses. Local governments respond by expanding the city limits, redefining and revising the building bye-laws, allowing higher floor space ratio. An opportunity exists for the landowners to derive substantial benefits by redeveloping the land parcels as per the micro-market requirements. This opportunity also exists for some large land parcels that are not used to the optimal capacity specially the lands previously being occupied by mills and factories. The proposed ’Housing Project Studio’ explore such development opportunities.
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