2nd November, 2017
Seanza hall, Indira Gandhi Institute of Development Research, Mumbai
The average Indian household holds 77% of its total assets in real
estate (Report of the Household Finance Committee
(2017)). Anecdotally, land and other fixed assets constitute a
significant proportion of secured lending in India. Despite this,
India has made little progress in developing a well functioning land
market. The land market in India continues to suffer from transfer
barriers, poor infrastructure and opaque pricing. Research
shows that the land allocation in India is "barely better than random
at best, and probably worse than random".
This workshop will bring together experts who have worked in the field
on issues relating to land to discuss questions relevant for the
development of a well functioning land market for India. The audience
includes academics, participants from civil society, real estate
lawyers and policy makers who have worked on land related issues
before. The papers/ presentations will focus on the elements necessary
for setting up a land market to allow people to efficiently use land
for accessing finance.
Reuben Abraham, IDFC |
Kumar Anand, Free A Billion |
Kshitij Batra, Meenaz Munshi, IDFC |
Anirudh Burman, Devendra Damle, Ajay Shah, National Institute of Public Finance and Policy |
S Chockalingam, Settlement Commissioner & Director of Land Records, Maharashtra |
Shreya Deb, Shalmoli Halder, Omidyar Network India Advisors |
Anshuman Jagtap, Partner, Harani & Co. |
K P Krishnan, Ministry of Skill Development and Entrepreneurship |
Barun Mitra, Liberty Institute |
Sudeshna Mitra, IIHS |
Sudha Narayanan, Indira Gandhi Institute of Development Research |
Venkatesh Panchapagesan, Indian Institute of Management, Bangalore |
Gausia Shaikh, Susan Thomas, Diya Uday, Bhargavi Zaveri, IGIDR Finance Research Group |
Ravi Varanasi, NSE |
9:20 - 9:30 | Opening Remarks
Bhargavi Zaveri |
9:30 - 10:15 | Setting up the infrastructure for a land market: A case-study of digitalisation of land records in Maharashtra [presentation] Diya Uday Discussant: Devendra Damle |
10:15 - 11:00 | Collateralisation of land by households in India
[presentation]
Sudha Narayanan Discussant: K P Krishnan |
11:00 - 11:45 | Title insurance: An alternative to conclusive titling?
[presentation]
Anirudh Burman Discussant: Gausia Shaikh |
11:45 - 12:45 | Panel discussion: Roadmap for a land market in India
S Chockalingam Shreya Deb K P Krishnan Barun Mitra Venkatesh Panchapagesan Ajay Shah, (Moderator) |
12:45 - 13:00 | Closing Remarks Susan Thomas |
13:00 - 14:00 | Lunch |