Ishita Aryan <br/><br/>
Land Value Capture: Innovative Financing   for Urban Rail 

 - Vol.18(2), April-June 
 - New Delhi  Institute of Town Planners  2021 
 - 81-86p. 
<br/><br/> The Land Value Capture finance is rapidly acquiring global legitimacy as an ancillary <br/>and innovative source of funding for expensive urban transport projects. The economic <br/>impacts of public transit investments on surrounding properties make a strong case for <br/>transit value capture finance in emerging cities. However, Development Based Land Value <br/>Capture type mechanisms have unique advantages over Taxation Based Land Value Capture <br/>type  mechanisms  and  vice  versa.  It  is  critical  that  city  leaders  and  transit  executives  <br/>consider the unique advantages of the two types of LVC to ascertain which best fits their <br/>local context and funding objectives. The author suggest that alternatively, DBLVC and <br/>TBLVC mechanisms can be consolidated to meet a funding objective, while leveraging the <br/>strengths of each type.  
<br/><br/><label>Subjects--Topical Terms: </label><br/>URBAN PLANNING AND DESIGN (AR-UPD)