Volume : III, Issue : VI, June - 2013

Economics of Urban Sprawlt

Sumant Sharma

Abstract :

Our cities had witnessed a massive growth during real–estate boom in recent past, majorly around fringes. Availability of land and lesser prices per square unit along with higher inflow of finances (either from investors or from end users) were few factors triggering such a growth. Property prices too showed a sharp rise during the boom period especially around fringes. Further, fringe development mainly envisaged residential along with few pockets of commercial sector. The cities expanded around fringes which were some how realizing the dream of developers in terms of their business expansions and profit earning. Also, infrastructure projects and other nodal industries (economy generator) acted like sources of ripple, producing waves of growth and development that affected land value and also showed the direction & pattern of city growth. This paper is an attempt to understand the dynamics of economic interaction with city growth and to envisage fringe development converting urban sprawl in to smart growth with the help of a case study

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Sumant Sharma economics of URBAN SPRAWL Indian Journal of Applied Research, Vol.III, Issue.VI June 2013

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