Browsing 2016 - 4th WPSC "Global crisis, planning & challenges to spatial justice in the North and in the South", Rio de Janeiro, Brazil, Јuly 3-8th by Author "Agarwal, Sunil"
This paper is about TOD corridors in the National Capital region of Delhi, India and measures effects of change in land use regulations. TODs are characterized as pedestrian-friendly dense property developments, which are organized within a halfmile of quality public transportation nodes or stations. Being close to transit, TODs provide greater access to jobs, housing and several recreational land uses to all including opportunity for people of all ages and incomes (Calthorpe 2001; Cervero and Dai 2013; Kamruzzaman et al. 2014; Reconnecting America 2015). TOD often also means developing new housing mixed-income housing near rail stations (Chatman 2013), developing other desirable uses such as hotel, retail or commercial offices as mixed type developments (Lund 2006; Urban Land Institute) promoting walkability and healthy urban environment. TOD although gaining popularity, is still relatively a new concept in the developing world, and has only received a limited attention from the land use and planning scholars. This paper is about six Transit Oriented Development (TOD) corridors in the National Capital Region of south western Delhi, India. The focus of the paper is to measure the effects of changes on the localized real estate market –– on demand and supply of developable properties –– with modification in land use regulations along the TOD corridors.