PROF Piyush Tiwari

PROF Piyush Tiwari


  • Housing Economics (Tenure choice, low income housing, Aging and housing, First time buyers)
  • Infrastructure policy (Regulatory economics, Political economy of water, Developing Countries)
  • International real estate economics (Institutional aspects of international real estate use, investment and development, Valuing amenities)
  • Land Economics
  • Land and property valuation
  • Mortgage finance and economics (Demand for mortgage debt, Risk modelling, Welfare issues, Choice of mortgage contract)
  • Real estate finance (New economy and risk)



  • Dr Piyush Tiwari is Professor of Property at University of Melbourne, Australia. Prior to his current position he was Director Policy at Infrastructure Development Finance Company (IDFC), India, where he was responsible for formulating policies for private financing of urban infrastructure in close cooperation with national and state governments. He was also editor of India Infrastructure Report 2011 on Water. Earlier, he was Senior Lecturer (Property) and Program Leader, MSc (International Real Estate Markets) at the Business School, University of Aberdeen, UK. He has held positions at the largest mortgage company, HDFC, India and the University of Tsukuba, Japan. His research interests include housing economics and mortgages, commercial real estate investment and valuation, land economics and financing infrastructure in developing countries. He has published numerous research papers on issues related to real estate and infrastructure. He has published books titled International Real Estate Economics, Real Estate Finance in the New Economy, India's Reluctant Urbanization, The Towers of New Capital: Mega Townships in India, Development Paradigms for Urban Housing in BRICS countries and Delhi's Changing Built Environment. He was Member, International Property Measurement Committee, which is engaged in writing global property measurement standards. Currently, he is Member, International Land Measurement Standards Committee which is engaged in writing standards for land measurement. He is Member, Royal Institution of Chartered Surveyors (RICS). His other professional activities include Director, Asian Real Estate Society and Associate Editor, International Real Estate Review. He is also on editorial board of Property Management.   


Member of

  • Applied Property Development Institute. Fellow 2018 -
  • International Land Measurement Standards Committee. Member (Oceania) 2017 -
  • Royal Institution of Chartered Surveyors. Member 2010 -
  • Asian Real Estate Society. Director 2004 -


Selected publications


Investigator on


Education and training

  • PGCertHETL, University of Aberdeen 2012
  • PhD, Indira Gandhi Institute of Development Research 1996
  • PGrad Dip, Indira Gandhi Institute of Development Research 1991
  • BTech, Regional Engineering College, Kurukshetra 1990

Awards and honors

  • Finalist Global Development Network Awards and Medals Competition 2011, 2012
  • Finalist, IFORS Prize for OR in Development, International federation of operational research societies, 2002
  • Honourable Mention, Jorge E Hardoy Memorial Prize, Habitat International, 2001
  • Indian Building Congress, 1997



Available for supervision

  • Y

Supervision Statement

  • Some of the areas of interest for supervision are:

    • Housing economics and policy
    • Mortgage decisions of households
    • Spillovers between real estate markets and capital markets
    • Infrastructure policy
    • Water economics and policy in developing countries
    • Public private partnerships in infrastructure service delivery