A dynamic resource repositioning load balancing and location management system repositions an incoming resource in a grid network of nodes. The system includes a first mapping device to map topology of said gird network of nodes, along with its resources; a determination device to determine at least an incoming resource's initial placement in terms of relative position of said node that the resource currently occupies and in terms of relative number of edges on which said resource currently resides; and resource repositioning device to reposition said at least a resource, in said grid network of nodes, in response to an incoming resource, said repositioning based on said determined position of said incoming resource; characterized, in that, said repositioning mechanism being guided by at least a step or a combination of steps or repetition of steps selected from a group of steps.