Developers’ Quest for Credibility and Capital

Developers’ value projects coincided with and conflicted with the goal of “transparency.” In response to the demands of foreign financiers and Indian consumers, Indian real estate developers have attempted to transform themselves into world-class, global professionals. Thus transparency is a figure of personhood, a stereotypic “kind” of person that one can perform semiotically. In their profitable new role as intermediaries to global capital, however, Indian real estate developers occupy a liminal position: they need to continue doing the “dirty” work of land agglomeration that marks them as not-transparent not-quite global players.

Aesthetics · Art · Business · Capital (architecture) · Credibility · Geography · Intermediary · Liminality · Political science · Real estate · Transparency (behavior) · Finance · Globalization and Cultural Identity · Housing, Finance, and Neoliberalism · Law · Marketing · Urban and Rural Development Challenges