Gentrification has become a global phenomenon over the last fifteen years, and has been understood as an increasingly important strategy within neoliberal policy-making.Focusing on London and Mumbai, this paper details how public policies and planning regimes have been reconfigured and rescaled to facilitate and encourage new property speculation. However, against more generalised and abstract accounts of the neoliberal city, the paper uses its comparative perspective to emphasise the geographically and historically specific manifestations and effects of gentrification processes. By highlighting different forms of state intervention and sharper socio-spatial impacts in Mumbai, the paper challenges the Eurocentric framing of a global spread of gentrification, and argues Mumbai can act as an important source of learning for gentrification research.
2Almost everywhere urban societies . . . seem to be going around in circles: they seem to be strangely slow and maladroit in dealing with the most urgent, material needs which they can well afford to meet -from the elimination of homelessness in London (a relatively small but stubborn problem) to the provision of water taps in the bustees of Bombay. (Glass, 1989, p. 102)