Distribution of Articles published per year
(2014 - 2017)
(2014 - 2017)
Total number of journals
BOOK-CHAPTER 2 Reads 0 Citations Emerging Value Capture Innovative Urban Rail Funding and Financing Published: 01 January 2017
Natural Resources Management, doi: 10.4018/978-1-5225-0803-8.ch077
Article 3 Reads 0 Citations Innovative value capture based rail transit financing: an opportunity for emerging transit cities of India Published: 07 November 2016
Journal of Sustainable Urbanization, Planning and Progress, doi: 10.18063/JSUPP.2016.01.003
Emerging cities of the 21st century are attempting to build rail transit as a key driver to maintain their city’s competitiveness and help catalyze livable and sustainable development opportunities around station areas. Indian cities are doing this in a big way with about 50 cities embracing urban metro rail transit systems. The rail projects are approved politically but need financing to build such highly capital-intensive rail transit systems. The use of value capture (VC) mechanisms is gaining momentum across cities worldwide as a solution to transit funding and financing. The first cities in India are now deploying various VC based financing mechanisms. This paper therefore aims to review the experiences of VC based innovative financing practices in selected Indian cities. The research summarizes the key issues and lessons learned from these experiences to help define the way forward. The paper finally concludes that VC prac-tices in India are still at an embryonic stage but the results are encouraging with huge untapped potential to co-create rail transit centered sustainable growth. Moreover, the review findings and lessons learned will help enhance the understanding of the challenges in emerging transit cities of developing countries.
BOOK-CHAPTER 0 Reads 0 Citations Emerging Value Capture Innovative Urban Rail Funding and Financing Published: 01 January 2016
Optimization of Design for Better Structural Capacity, doi: 10.4018/978-1-5225-0084-1.ch006
Article 3 Reads 4 Citations Participatory Sustainability Approach to Value Capture-Based Urban Rail Financing in India through Deliberated Stakehold... Published: 24 June 2015
Sustainability, doi: 10.3390/su7078091
Increasingly, cities around the world are seeking innovative financial mechanisms to build rail transit projects. Land value capture (VC) is a financing mechanism to fund urban rail transit. Often VC mechanisms are viewed only as a financing tool applied in relation to increased land values from the administration and legislation perspectives, without actively involving the community in the process. The lack of such participation has resulted in the under collection of the true value established. The transit beneficiary community and city tax payers are especially important stakeholders in this process as their willingness to participate is really critical to the overall VC success and transport outcome. This paper introduces a participatory sustainability approach to enable a more deliberated stakeholder engagement intervention across the VC life cycle. A four-step “Participatory Strategic Value Capture (PSVC)” framework is proposed offering step-by-step guidance toward facilitating a meaningful stakeholder dialogue, deliberation, and collaboration around the stated engagement interests. The PSVC framework, applied to the proposed Bangalore sub-urban rail project in India, has demonstrated the importance of stakeholder engagement using deliberated participatory approaches from a win-win perspective.
Conference 5 Reads 0 Citations Participatory Sustainability Approach to Value Capture Based Urban Rail Financing in India Through Deliberated Stakehold... Published: 31 October 2014
The 4th World Sustainability Forum, doi: 10.3390/wsf-4-b002