UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 9 Issue 8
August-2022
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2208040


Registration ID:
500730

Page Number

a286-a291

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Title

IMPACT OF URBAN DEVELOPMENT REGULATIONS & SPATIAL PLANNING APPLICATIONS IN THE REAL ESTATE SECTOR

Abstract

Today, the real estate sector has become visible and dominant in almost all Indian cities and can be defined as that segment of business enterprise engaged in production financing, marketing, and property management. The three economic sectors that influence real estate value are • User Markets – the demand side • Capital markets – the supply side and • Government (urban development policies and legislative mechanisms) Government can affect how the user markets and capital markets interact through taxation, regulations, the provision of services and infrastructure, subsidies, and other ways. Government intervention directly affects urban land supply, demand, and price through laws, infrastructure spending, and taxation. De facto, some policies have the effect of assigning land administratively, ignoring costs and demand, and evading market dynamics. Although land laws are essential to the efficient operation of markets, they can seriously impede economic growth if they are badly conceived. India's artificial urban land shortage is a result of the cumulative impact of numerous layers of poorly thought-out national, state, and municipal policies. Therefore, compared to Indian household income, urban land prices are unnaturally high, and household floor space consumption is lower than it would be if the regulatory framework were changed. Several rules also distort the way cities are laid out. Some restrictions have a tendency to "push" urban growth outward by unfairly restricting the amount of floor space that may be constructed in centrally situated places and making land recycling challenging. As a result, commutes are lengthened, operating public transportation is difficult, and urban infrastructure must be expanded more than it would have if land availability had not been constricted.

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"IMPACT OF URBAN DEVELOPMENT REGULATIONS & SPATIAL PLANNING APPLICATIONS IN THE REAL ESTATE SECTOR ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 8, page no.a286-a291, August-2022, Available :http://www.jetir.org/papers/JETIR2208040.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"IMPACT OF URBAN DEVELOPMENT REGULATIONS & SPATIAL PLANNING APPLICATIONS IN THE REAL ESTATE SECTOR ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 8, page no. ppa286-a291, August-2022, Available at : http://www.jetir.org/papers/JETIR2208040.pdf

Publication Details

Published Paper ID: JETIR2208040
Registration ID: 500730
Published In: Volume 9 | Issue 8 | Year August-2022
DOI (Digital Object Identifier):
Page No: a286-a291
Country: Mehsana, Gujarat, India .
Area: Other
ISSN Number: 2349-5162
Publisher: IJ Publication


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