Value Capture is based on the principle that private land and buildings benefit from public investments in infrastructure and policy decisions of the Government. Part of the increment in value of land and building should be captured to fund projects being set up for the public by the Central/ State government and the ULBs.
•The investment in transit system as well as increase in FAR and provision for mixed use development would result in increase in value of land within the influence zone. Land Value Capture can be used as a mechanism to finance the required upgradation of infrastructure and amenities within the influence zone and expansion of the public transport system.
•Value capture financing is an opportunity for the private sector because the projects are planned for the overall development, thus increasing the value and are also backed by the government.
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Land use and Transport Planning Study notes for M. plan Sem-II
Land use and Transport Planning.pdf
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