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Real Estate, Volume 3, Issue 1 (March 2026) – 2 articles

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20 pages, 2443 KB  
Essay
Peri-Urban Real Estate, Land-Use Changes, and Sustainability Challenges in Bangalore: Lessons from the Global South
by Amrutha Mary Varkey, Eby Johny and Jayakumar Chinnasamy
Real Estate 2026, 3(1), 2; https://doi.org/10.3390/realestate3010002 - 26 Feb 2026
Cited by 2 | Viewed by 1244
Abstract
Peri-urbanization in rapidly growing cities of the Global South is increasingly driven not only by demographic growth but by escalating inner-city land and housing prices that push households and developers toward peripheral zones. Bangalore exemplifies this transition, where housing affordability pressures, speculative real [...] Read more.
Peri-urbanization in rapidly growing cities of the Global South is increasingly driven not only by demographic growth but by escalating inner-city land and housing prices that push households and developers toward peripheral zones. Bangalore exemplifies this transition, where housing affordability pressures, speculative real estate investment, and weak land governance interact to transform agricultural landscapes into fragmented built-up clusters. Using satellite imagery (1991–2024), census data, and GIS-based land-use classification, this study quantifies peri-urban expansion across eight clusters in the Bangalore Metropolitan Region. The results show rapid built-up growth, agricultural land decline, and increasing spatial fragmentation, reflecting processes of extended urbanization beyond formal city boundaries. These transformations produce environmental stress, infrastructure deficits, and socio-spatial inequalities. The paper situates Bangalore within planetary urbanization debates and argues that peri-urban sustainability depends on land market regulation, spatial planning capacity, and data-driven governance. Full article
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27 pages, 790 KB  
Article
Quality of School and Housing Prices: A Study for the Apartment Market in Porto Alegre, Brazil
by Luiz Andrés Ribeiro Paixão and Carolina Barbosa Seidel da Costa
Real Estate 2026, 3(1), 1; https://doi.org/10.3390/realestate3010001 - 27 Jan 2026
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Abstract
We use the hedonic price model to measure the effect of school quality on apartment rent prices in Porto Alegre, Brazil. A spatial autoregressive regression (SAR) was employed due to the spatial nature of the data. We estimated the effect of school quality [...] Read more.
We use the hedonic price model to measure the effect of school quality on apartment rent prices in Porto Alegre, Brazil. A spatial autoregressive regression (SAR) was employed due to the spatial nature of the data. We estimated the effect of school quality on apartment prices for public and private schools separately. The results shed light on the relation between school quality and apartment prices in a Global South context. We showed that both public and private school quality is valued in Porto Alegre house markets, although the effect is quite different for each type of school. For public schools, the major effect comes from the distance of the nearest schools. An increase in test scores by one standard deviation raises apartment rent prices by 2.7% for the whole city. However, this effect is bigger for some submarkets, reaching 11.6% for the distant suburbs. For private schools, the same effect occurs but for a larger distance radius. The same increase in average test score out to a 2 km distance from private schools raised the apartment price by 1.0%. Nevertheless, this effect reaches 6.6% in one specific submarket. Full article
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