Community engagement models in real estate—a case study of Tata Housing Development Company Limited

Asian Journal of Business Ethics 5 (1 - 2):111-138 (2016)
  Copy   BIBTEX

Abstract

According to the Economic Survey of India, 2012–2013, the real estate sector contributed 5.9 % of the India’s total Gross Domestic Product in the Financial Year 2011–2012, while remaining the second largest employment generator after agriculture in India. The urban population in India is projected to touch 600 million by 2030, from 377 million in 2011, thereby fuelling a housing shortage of around 26 million. However, the perception of Construction industry, like other sectors of the economy, is that of creating “human habitat in a manner generally focussed on profitability without consideration of its long-term impacts.” Under such circumstances, Tata Housing Development Company Limited, a closely held Public Limited Company under 99.86 % subsidiary of Tata Sons, is the first Indian real estate company to have reported the triple bottom-line Global Reporting Initiative G4 Sustainability Reporting Guidelines in its Sustainability Report FY 2013–2014. THDCL aims to volunteer its resources to the extent it can reasonably afford, to sustain the environment and to improve the quality of life of the people of the area in which it operates. This Situational Case Study, targeted towards management students and practitioners, and social and developmental workers in the areas of Corporate Governance, Strategic Management, Business Environment, Business Policy and Community Welfare, aims to identify the community engagement model of THDCL; analyse it in terms of its implementation and impact; and initiate discussion about the role of strategic partnerships under Corporate Social Responsibility in an emerging economy. This work may be used for developmental related workshops/training programmes for students and working professionals of innovation, CSR, sustainability, social and developmental sectors and shared, among others, in various Chambers of Commerce and Academic forums on the same. It is, however, not intended to serve as an endorsement, source of data or illustration of effective or ineffective management. Certain names and information could have been disguised for confidentiality.

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 92,574

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Agricultural real estate loans and secondary markets.David B. Pariser - 1987 - Agriculture and Human Values 4 (2-3):29-39.
Environmental Initiatives at Tata Steel.Runa Sarkar - 2005 - International Corporate Responsibility Series 2:191-215.
Environmental Initiatives at Tata Steel.Runa Sarkar - 2005 - International Corporate Responsibility Series 2:191-215.

Analytics

Added to PP
2019-01-25

Downloads
12 (#1,092,565)

6 months
5 (#649,144)

Historical graph of downloads
How can I increase my downloads?