State-led Alternative Mechanisms to Acquire, Plan, and Service Land For Urbanisation in India
Rapidly urbanizing Indian cities need mechanisms to ensure that land is acquired, planned, and serviced with adequate infrastructure and social amenities, to prevent the occurrence of haphazard urban expansion and under-provisioned inner-city areas.
Such mechanisms should help government agencies recover their costs through land value capture, a method by which agencies recover part of the increase in the value of private property after it is serviced by new public infrastructure.