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Shareholder Cities - Land Transformations Along Urban Corridors in India (Hardcover)
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Shareholder Cities - Land Transformations Along Urban Corridors in India (Hardcover)
Series: The City in the Twenty-First Century
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Economic corridors-ambitious infrastructural development projects
that newly liberalizing countries in Asia and Africa are
undertaking-are dramatically redefining the shape of urbanization.
Spanning multiple cities and croplands, these corridors connect
metropolises via high-speed superhighways in an effort to make
certain strategic regions attractive destinations for private
investment. As policy makers search for decentralized and
market-oriented means for the transfer of land from agrarian
constituencies to infrastructural promoters and urban developers,
the reallocation of property control is erupting into volatile
land-based social conflicts. In Shareholder Cities, Sai
Balakrishnan argues that some of India's most decisive conflicts
over its urban future will unfold in the regions along the new
economic corridors where electorally strong agrarian propertied
classes directly encounter financially powerful incoming urban
firms. Balakrishnan focuses on the first economic corridor, the
Mumbai-Pune Expressway, and the construction of three new cities
along it. The book derives its title from a current mode of
resolving agrarian-urban conflicts in which agrarian landowners are
being transformed into shareholders in the corridor cities, and the
distributional implications of these new land transformations.
Shifting the focus of the study of India's contemporary
urbanization away from megacities to these in-between corridor
regions, Balakrishnan explores the production of uneven urban
development that unsettles older histories of agrarian capitalism
and the emergence of agrarian propertied classes as protagonists in
the making of urban real estate markets. Shareholder Cities
highlights the possibilities for a democratic politics of inclusion
in which agrarian-urban encounters can create opportunities for
previously excluded groups to stake new claims for themselves in
the corridor regions.
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