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The beginning of the 21st century was marked by significant socio-economic   changes in Serbia, which influenced urban environment and development   strategies. Novi Sad, the capital of the Serbian province of Vojvodina, also   followed this pattern, adjusting to the new social and spatial dynamic. The   shift from a socialist to a neo-liberal model of planning was visible in   different spheres - the system of stakeholders was altered, public funds were   substituted with small private investors, while existing regulations were   either overlooked or interpreted in a questionable manner. Simultaneously,   the newly established real estate market mostly focused on the areas around   the traditional urban core which underwent a process of quasi-regeneration.   Used only as an opportunity for new speculative development, it did not have   any respect for either tangible or intangible heritage. However, a decline in   real estate development (since 2009) has created a setting for a different   planning approach to include consideration of problems of heritage areas.   Considering the socio-economic background of recent urban transformations in   Novi Sad’s inner-city neighbourhoods, this article analyses the context of   the problem, provides recommendations for improvements in the approach to   planning, and introduces guidelines and rules for site-sensitive urban and   architectural design

Urban heritage reconsidered: Redefining the planning approach to historical areas of Novi Sad