Innovative Financing for Urban Rail in Indian Cities: Land-based Strategic Value Capture Mechanisms

Emerging cities are seeking urban rail but have difficulty with funding. This research uses the Bangalore Metro rail to develop an innovative land-based ‘strategic value capture' (VC) financing system suitable for Indian cities and other emerging cities. It shows significant land value uplift t...

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Bibliographic Details
Main Author: Jillella, Satya Sai Kumar
Format: Thesis
Published: Curtin University 2017
Online Access:http://hdl.handle.net/20.500.11937/70305
Description
Summary:Emerging cities are seeking urban rail but have difficulty with funding. This research uses the Bangalore Metro rail to develop an innovative land-based ‘strategic value capture' (VC) financing system suitable for Indian cities and other emerging cities. It shows significant land value uplift that could be used for VC funding. The four frameworks and strategic interventions developed in this research are novel contributions in India and apply to other emerging cities as well.