Our urban landscapes are undergoing a rapid transformation, pressured by burgeoning populations and increasing demands on city infrastructure. To address these escalating challenges, urban planners continually revise zoning regulations. In Delhi, for instance, a significant regulatory change introduced mandatory stilt parking on small urban lots with four habitable floors above. Gurugram, a satellite city, subsequently adopted similar amendments. A key distinction, however, lies in the underlying demand: Delhi's housing demand is genuine, whereas Gurugram's is largely speculative, evidenced by numerous vacant lots across its neighborhoods.
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