Chapter Eight: Property Developers And The Kampung Serani Conflict

In 2016, South Africa launched its National Biodiversity Economy Strategy. This strategy aims to facilitate the development of a ‘wildlife economy’ as a solution to unemployment, loss of biodiversity and rural development. Central to the strategy is the role of private conservation actors, who keenly posit their commercial model as the best way to achieve these objectives. This stands in sharp contrast to recent critiques that suggest that private conservation reinforces structural inequality by denying access to land and perpetuating unjust labour conditions. Using ethnographic data from the South African Lowveld region that includes the Kruger National Park, the paper takes these points further by arguing that a rapidly growing alliance between private conservation and property developers actively conserve inequality by maintaining and even extending spatial injustice in the region. Two popular recent manifestations of this alliance in particular, share block systems that distribute ownership of access to real estate in private reserves and wildlife housing estates, have established new conservation-property linkages that entrench capitalist socioecological fixes. Not only do these initiatives lead to further engrained spatial injustice, we conclude that this conservation-property alliance at the centre of the ‘wildlife economy’ also willingly sacrifices environmental sustainability on the altar of white conservation imaginations and private profit.

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A Framework for Property Developers to Survive in a Recession

10.29007/cfr2 ◽

2018 ◽

Author(s):

Zunoon Parambath ◽

Nilupa Udawatta

Keyword(s):

Survival Strategies ◽

Economic Activities ◽

Short Term ◽

Property Development ◽

Market Shares ◽

Negative Impacts ◽

Set Up ◽

High Level ◽

Property Developers

Recession is considered as a major threat to the economy as it slows down economic activities. The property development sector is extremely responsive to these economic conditions. Thus, it is crucial to understand causes, effects and strategies for property developers to survive in a recession without any ill effects. Thus, this research aimed to develop a framework for property developers to identify appropriate survival strategies in recession. A comprehensive literature review was conducted in this research to achieve the above mentioned aim. The results of this study indicated that recession prompts negative impacts on property development sector resulting in unemployment, lower demand, production and revenue, decline in resources and high level of competition. According to the results, the survival strategies were classified into short-term and long-term strategies. The short term strategies include: implementing management tactics, cut down of operating costs, keeping financing lines set up, timely repayment of debts, setting vital new objectives for the future, undertaking shorter time span developments, specialisation in favoured market, renegotiating deals and contracts. The long-term strategies include retrenchment, restructuring, investment and ambidextrous strategies. Similarly, attention should be paid to predict any changes in the economic environment that can influence property development activities and it is necessary to carefully evaluate investment activities to increase sales, profits and market shares of property developers. Preparing for a crisis is doubtlessly the ideal approach as it can facilitate both survival and growth. Thus, the property developers can implement these suggested strategies in their businesses to enhance their practices.

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ZAKAT AND WAKAF FUNDED HOUSING FOR THE POOR AND NEEDY – AN ANALYSIS OF THE ZAKAT AND WAKAF AUTHORITIES ROLES FROM THE AUTHORITIES’ PERSPECTIVES

PLANNING MALAYSIA JOURNAL ◽

10.21837/pmjournal.v17.i9.587 ◽

2019 ◽

Vol 17 (9) ◽

Author(s):

Khairuddin Abdul Rashid ◽

Sharina Farihah Hasan ◽

Puteri Nur Farah Naadia Mohd Fauzi ◽

Srazali Aripin ◽

Azila Ahmad Sarkawi

Keyword(s):

Affordable Housing ◽

Private Property ◽

Housing Development ◽

Modus Operandi ◽

The Poor ◽

Collaborative Working ◽

Desk Research ◽

Property Developers

This paper concerns the provision of affordable housing for the poor and needy Muslims through zakat and wakaf funding. The study’s objectives are to determine whether zakat and wakaf resources are employed therein, examine the roles of the zakat and wakaf authorities, and identify constraints and the ensuing strategies. The study was carried out through desk research and interviews with representatives of selected zakat and wakaf authorities. Key findings from the study are that zakat and wakaf are involved in the provision of affordable housing for the poor and needy Muslims and that their funds have been employed therein. However, their roles are dissimilar, therefore, each authority has its own modus operandi. In addition, both zakat and wakaf authorities have constraints in the availability of expertise to undertake the procurement of housing development and they address this problem through collaborative working styles, with each other, and with private property developers.

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The Nature of Payment Problems in the New Zealand Construction Industry

Construction Economics and Building ◽

10.5130/ajceb.v11i2.2171 ◽

2011 ◽

Vol 11 (2) ◽

pp. 22-33 ◽

Cited By ~ 4

Author(s):

Thanuja Ramachandra ◽

James Olabode Rotimi

Keyword(s):

New Zealand ◽

Construction Industry ◽

Cash Flow ◽

General Construction ◽

Court Cases ◽

Significant Percentage ◽

Construction Companies ◽

Financial Obligations ◽

Specific Construction ◽

Property Developers

Delay and loss of payment is a serious problem in the construction industry of many countries. These affect the cash flow of contractors which is critical to meeting their financial obligations. Payment defaults by the principal leads to insolvency of contractors and in turn other parts of the project chain. In recognition of some of these problems, most countries have established payment-specific construction industry legislation and other contractual measures to mitigate the problems, but nevertheless the problem persists. In this context, the paper examines the nature of payment problems in the construction industry in New Zealand. It is part of a larger study, that seeks solutions to payment losses in the construction industry.The study uses two approaches; an analysis of liquidators’ reports, and an analysis of court cases involving payment disputes to determine the magnitude of payment problems on construction parties. The findings are presented using simple descriptive and interpretive analyses. The study finds that trade creditors are impacted negatively (payment delays and losses) by the liquidation of property developers, general construction and construction trade companies. 75% of trade creditors are unable to be paid fully by these categories of construction companies after liquidation proceedings. Liquidation proceedings take an average 18 months before they are finalised. The analysis of court cases found that 80% of payment disputes are between principals and contractors; with considerably significant percentage of disputes resulting in outright loss of payments. Only 40% of the cases are successful, in which case claimants are able to fully recover the amount in dispute. Payment losses are more prevalent in liquidation than delays and unlike in legal disputes, there is no security for those losses. The study finds that construction parties use remedies contained in the security of payment provisions within standard conditions of contract, and legislative documents.

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Property Developers and Urban Adaptation: Conceptual and Empirical Perspectives on Governance

Urban Policy and Research ◽

10.1080/08111146.2011.639178 ◽

2012 ◽

Vol 30 (1) ◽

pp. 5-24 ◽

Cited By ~ 21

Author(s):

Bruce M. Taylor ◽

Ben P. Harman ◽

Sonja Heyenga ◽

Ryan R. J. McAllister

Keyword(s):

Urban Adaptation ◽

Property Developers

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The fall in Israeli house prices may not last

Emerald Expert Briefings ◽

10.1108/oxan-db235464 ◽

2018 ◽

Keyword(s):

Housing Market ◽

House Prices ◽

Content Type ◽

Home Prices ◽

Property Developers

Significance Furthermore, in the year to April, sales fell by 19.2% year-on-year. After a decade of sharp rises, home prices have been declining since September 2017. Impacts A cooling housing market will hurt the profits of banks and property developers. Kahlon and his Kulanu party should benefit politically from the lower home prices in the next elections. The risk of an out-of-control decline in house prices, which would endanger the wider economy, is small.

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Examining why developers encourage foreign investment in local residential real estate in India

International Journal of Housing Markets and Analysis ◽

10.1108/ijhma-10-2015-0061 ◽

2016 ◽

Vol 9 (4) ◽

pp. 580-600

Author(s):

Alok Tiwari ◽

Mohammed Aljoufie

Keyword(s):

Real Estate ◽

Housing Market ◽

United Arab Emirates ◽

Foreign Investment ◽

Large Population ◽

Political Stability ◽

Primary Data ◽

Residential Real Estate ◽

Content Type ◽

Property Developers

Purpose The study aims to explore the role of non-resident Indian (NRI) investors into staggering local housing market and the efforts of developers and regulators to lure such investors. Design/methodology/approach Primary data for this exploratory study were assembled through a Google form-based questionnaire circulated over internet among NRIs residing in Kingdom of Saudi Arabia, USA, Singapore and United Arab Emirates, whereas the secondary data sources include the Government of India policy documents, World Bank data, Reserve Bank of India archives and reports published in reputed financial and others print media sources. Findings Indian housing market is confronted with a demand and supply mismatch at present. While a massive demand lingers at affordable housing segment, on the contrary, millions of housing inventories are also piling up. Consequently, property developers are attempting to lure the large population of NRIs residing at global cities. Study observes that sentimental attachment to the homeland, higher rate of returns, anticipated rental incomes are the major decisive elements. Additionally, growth in infrastructure, world-class amenities offered by developers, conformity to sustainability and political stability is the other critical reasons. Research limitations/implications On first hand, the study outlines a novel kind of foreign investment in Indian local residential real estate that is via NRI channel. Second, non-resident investors might surprise to the property developers and government through a realistic strategic approach. Originality/value Probably, the study is first of its type gazing at NRI investors, as a foreign investor, in the local residential real estate.

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