October 10, 2014

Mumbai’s Towering Ambitions Brought Low by Legal Disputes

IDFC Institute's Vaidehi Tandel is quoted in this Financial Times article by James Crabtree:

 

'“This problem of incomplete and delayed projects has been happening a lot more lately,” says Vaidehi Tandel, an urban analyst at the IDFC Foundation, a Mumbai-based research group. “Once a building gets embroiled in the legal system, it can take years to sort it out.” And that logjam, in turn, is slowing the transformation of this teeming Asian metropolis of more than 20m people into a truly high-rise global city."

 

Read the full article here.

Topic : Transitions / In : OP-EDS
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